I've been living in a really nice penthouse in Sliema for 1½ years now. The rent started at 750€ and was then bumped up to 800€ on a new contract 6 months ago. I agreed to this without any questioning. It is however now time to renew the contract again (as the previous contract was just for 6 months (the new one is for 12 months)). Now they want to increase the rent with another 50€. Do I have anything at all to say against this? Do note that I'm renting from a large company and I don't even have the arms form filled in so I'm not paying residential fees for water and electricity. (I've argued with them about this and there was apparently no way to have this changed).
The penthouse I have is really, really nice and I know a lot of people who pay more for much less so I consider myself very lucky to have gotten hold of this apartment in the first place. I do however not like to pay anymore than I need to and most importantly, I don't like to be hustled. Should I question the rent increase and if so, what should I say? What makes me hesitant to say anything (even though I hate paying more) is that I believe this apartment would be super easy to rent even if the asking price was 950€ (considering it was in the condition I got it in (there's a bit of wear and tear right now)).
Lastly I just wanted to ask about a paragraph in the contract.
"1. The Lease shall be for a period of twelve months with effect from the 9th October 2016 up to 8th October 2017, both dates included. On the expiry of the said period of twelve months the lease shall be automatically renewed for further periods of six months each, under the same terms and conditions unless prior written notice of termination is given by either party to the other at least one month prior to the expiry of the original twelve-month period or of any one of the renewed periods. This lease shall terminate without any further right of renewal on the expiry of two years from date of commencement. "
My confusion is about the text in bold as I'm interpreting this as I'm only allowed to lease the apartment for a total of 2 years? Or is this 2 years from this new contract?
I'd really appreciate any help I could get on this.