Real Estate in Iran: According to the Iran-US Claims Tribunal, before transferring any property, the seller must pay and receive all taxes:
- Certificate of tax clearance from Ministry of Finance. The number from this certificate should be added to the deed by the notary.
- Completion certificate of property available from the municipality
- A social security clearance certificate must be secured from the social security organization.
Finally, the notary enters the title in the real estate registration department.
Real Estate in Iran
The fee
The transfer tax is 5% of the value of the property.
Stamp duty is a flat rate of 0.50% of the value of the property.
The registration fee is about 0.10% of the value of the property.
Can foreigners buy property in Iran?
Foreigners are allowed to buy property for residential purposes in Iran but are not allowed to buy agricultural land. Most east-countries in Iran move towards the capital Tehran. To help you with your property search, your employer or your country’s embassy may be able to recommend a real estate agent.
While foreigners can buy property in Iran, it can be difficult, so most ex-pats rent. Freehold assets are available for foreigners to purchase in Iran, but foreign residents who have moved from the property to a qualified non-national or Iranian title bound within six months of leaving the Land Registration Office to prevent the property’s postponement is. Be transferred
Residential Real Estate Market in Iran
The residential real estate market is the foundation of the well-being of any economy. The shelter is considered a basic need of humans and is based on the famous hierarchy of the pyramids (Maslow). Therefore, it is understood that how the residential real estate market operates has a wide impact on the health of people around the world.
Leading industry leaders speculated that population growth, increased living standards, and limited and low land/housing are important requirements for sustained property prices.
It is further stated that the absence of any of the above three trends can disrupt a housing market and the absence of two or more can send property values down. Many such factors are in the real estate market worldwide.
In the report, the residential real estate market in Iran is divided into four subgroups, namely budget, price, premium, and luxury; The wealth distribution demographics and risk-return characteristics desired by various classes of real estate investors play an important role in meeting demand/supply by asset type.
The main topics explored during the research:
- Economic activity in Iran at the economy and sector/industry level, GDP affecting major residential real estate and analysis of key industries, PESTLE analysis, and the presence of shadow economy.
- Interest rates, mortgage rates, inflation, and Iran employment statistics.
- City-level coverage and market formation.
- Demographic analysis and the impact of demographics on residential real estate and special insights.
- Consulting key opinion leaders and experts to gain insight on various important topics.
- Types of buyers and leases: preferences and their experiences.
- Analysis of primary and secondary markets within Iran.
- Affordable housing supply report as an essential evaluation factor.
- Metrics, leasing, and sales transactions for both residential real estate markets in Iran.
- Unit-Based Metrics: Unit Size vs Sales Velocity, House Features vs Sales Velocity, Unit Price vs Sales Velocity.
- Administrators revenue from planning and development activity, real estate rental and leasing projects, real estate brokerage services, property management services, and other services.
- Outline of the major and upcoming players in the residential real estate market in Iran.
- Market size (with CAGR) for definitions and expected growth for various sectors of the residential real estate market in Iran.
- Capital/credit availability with important trends and analysis on race among investors in the residential real estate industry. Coverage of direct and indirect investment methods with key data on a copy, ROOC companies listed on the stock market, REITS and their performance, institutional allocation for commercial mortgage-backed securities (CMBS), and real estate financing.
- E-commerce courses, technological trends, and standards change the operational aspects of the residential real estate business, due to technological developments, the development of new solutions that can improve the functioning of the industry in Iran.
- With the presence of emerging and solutions providers, such as data analytics providers, and software solutions companies, home automation, AR & VR, smart manufacturing, and offsite manufacturing are being seen as beneficial rather than the other way around for brokers. everywhere.
- Environmental Friendliness, Green Building Trends and EHS Trends in Iran.
- Tax and legal costs and methods for the purchase of residential real estate – an important factor affecting the rate of return/yield.
- Profiling and competing for analysis of key industry players, comparing them on various parameters, such as the location of their operations/assets, price trends, influence on valuation due to asset environment, operating style, presence in capital markets.
- The presence of service companies in Iran and their large role in taking the industry forward.
Commercial Real Estate Market in Iran
The commercial real estate project is one of the major real barometers for following the health of the economy. A constantly changing landscape, with its cyclical swings, commercial real estate activity is an important symbol for the expected development activities of business entities.
Examples of large companies such as Apple Inc., buying / taking up commercial space in emerging economies is an indication of redistribution/expansion of activities going on in the future.
Before owning and leasing commercial real estate, business sophisticated or qualified investors began to see it as a long-term asset class that could provide unusual or extraordinary returns.
The possibility of capital market activity to real estate for investment vehicles, such as REITs, and commercial outcomes in the stock market, such as commercial mortgage-backed protection, etc., have been critical to the success of the commercial real estate sector. These initiatives have adequately financed commercial real estate construction and management activity over the last 50 years or more.
Major cities in Iran are included in the study based on population, city-level GDP, business and commercial construction activity, demographics, and other factors.
Major Factors Influencing the Commercial Real Estate Market:
- Economic activity/policy, exchange rate, inflation, and employment activity
- Industry sector (which is best suited for assets) and associated cyclicality
- Demographics and Socioeconomic Trends
- Real Estate Demand, Supply, and Pricing
- Regulatory landscape, local government bodies, compliance with EHS requirements.
- Insights from the comparison between the services and non-service sectors
- Technological changes, adaptations, and disruptions in the industry
- Time for completion of a project, and sales trend.
- Tax
- Rent or Buy Mobility
