1. What is the CPI Rent Review?

The CPI (Consumer Price Index) Rent Review is a method used in Ireland to adjust rental prices based on inflation. It ensures rents keep pace with the cost of living changes as measured by the Irish CPI.

2. How Does the Calculator Work?

The calculator uses the rent review formula:

Where:

• Old Rent — Current rental amount in EUR
• IE_CPI — Irish Consumer Price Index percentage change

Explanation: The formula applies the percentage increase from the CPI to the existing rent amount to calculate the new adjusted rent.

3. Importance of Rent Review

Details: Rent reviews help maintain the real value of rental income for landlords while providing predictable, inflation-adjusted increases for tenants.

4. Using the Calculator

Tips: Enter the current rent amount in EUR and the Irish CPI percentage change. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How often are rent reviews typically done in Ireland?
A: Rent reviews are usually conducted annually, but this depends on the terms of the lease agreement.

Q2: Where can I find the current Irish CPI percentage?
A: The Central Statistics Office (CSO) Ireland publishes the latest CPI figures on their official website.

Q3: Are there legal limits to rent increases in Ireland?
A: Yes, in Rent Pressure Zones (RPZs), rent increases are capped at 2% per annum or the rate of inflation, whichever is lower.

Q4: Can this calculator be used for commercial properties?
A: While the formula is similar, commercial rent reviews may use different indices or methods specified in the lease.

Q5: Does this account for local market conditions?
A: No, this calculates the CPI-based adjustment only. Market conditions may warrant different adjustments.