The surprising part is how large the difference has become: the tenant pays €1,863, while apparently comparable properties are being advertised around €2,355. They are reliable, flag maintenance issues promptly and keep the home in good order, so replacing them purely to chase the headline figure could be expensive.
I am leaning towards a modest, clearly explained increase rather than an immediate move to market rent. Before deciding, I plan to check whether those comparisons are genuinely similar, review the maintenance history and confirm the local notice requirements. Would you discuss possible improvements at the same time, or keep that separate? I would also like to account properly for vacancy, turnover and deposit handling if the tenant chooses to leave.
I am leaning towards a modest, clearly explained increase rather than an immediate move to market rent. Before deciding, I plan to check whether those comparisons are genuinely similar, review the maintenance history and confirm the local notice requirements. Would you discuss possible improvements at the same time, or keep that separate? I would also like to account properly for vacancy, turnover and deposit handling if the tenant chooses to leave.