...

Prices for apartments up in Iran

Business Materials 23 September 2019 16:56 (UTC +04:00)

Baku, Azerbaijan, Sept. 23

By Elnur Baghishov - Trend:

The prices for apartments, area for house construction and rent fee increased in Iran this spring, Trend reports referring to the Iranian Statistical Center.

According to the report, the price for apartments increased by 82.2 percent, for area for house construction - by 148.6 percent and the rent fee - by 29.1 percent this spring compared to last spring.

1. Area and cost of building a house

Price for 1 square meter (1,000 rials)

Difference in percent compared to winter 2018-2019

Autumn 2019

The average area (square meters)

Minimum

Maximum

On average

Average price

Number of purchase-sale transactions

Average price

Number of purchase-sale transactions

Iran

549

721,317

33,251

16,1

0,4

148,6

31,6

265

2. Apartment area and price

Price for 1 square meter (1,000 rials)

Difference in percent compared to winter 2018-2019

Autumn 2019

The average area (square meters)

Average age of the building (years)

Minimum

Maximum

On average

Average price

Number of purchase-sale transactions

Average price

Number of purchase-sale transactions

Iran

1060

668,182

35,312

20,7

-13,2

82,2

-24,6

106

12

3. Apartment rent and price

Price for 1 square meter (1,000 rials)

Difference in percent compared to winter 2018-2019

Autumn 2019

The average area (square meters)

Average age of the building (years)

Minimum

Maximum

On average

Average price

Number of purchase-sale transactions

Average price

Number of purchase-sale transactions

Iran

2,222

2,200,067

126,522

13,9

17,4

29,1

-11,3

98

13

According to the official exchange rate of the Iranian Central Bank, $1 is 42,000 rials. (It is possible to import the necessary products into the country according to this exchange rate). $1 is $140,000 in the black market.

Tags:
Latest

Latest