Monthly Rental Rate per m²

TRY 152.98

Monthly Operating Expense (Maintenance Fee) per m²

TRY 274.31

Monthly Late Payment Charge

5%

Rent Invoice Issuance Date

Monthly rent invoices are issued on the first day of each month.

Operating Expense Invoice Issuance Date

Monthly operating expense invoices are issued within the first week of the following month.

Annual Rent Adjustment

Rental rates are adjusted annually based on the twelve-month average rate of change in the Consumer Price Index (CPI) for the preceding rental year.

Security Deposit

A security deposit equivalent to three months' rent must be paid before signing the rental agreement.

Advance payment of 12 months' rent

10%

Applicable to the prepaid rental period

Companies in which more than 51% of shares are owned by academic staff members

10%

As long as the qualifying shareholding structure is maintained

Incubation-stage companies under Law No. 4691, renting basement-level offices and benefiting from public R&D funding

50%

One year, extendable up to three years where necessary

Incubation-stage companies under Law No. 4691, renting basement-level offices and not benefiting from public R&D funding

30%

One year, extendable up to three years where necessary

Companies employing 10 or more personnel within Van Technocity

5%

As long as the required employment level is maintained

Companies achieving exports of USD 100,000 or more from Van Technocity within the preceding 12 months

15%

One year

Companies filing a patent application through Van Technocity within the preceding 12 months

5%

One year

Companies receiving funding under TÜBİTAK TEYDEB programs within the preceding 12 months

15%

One year