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.