Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Iran.
Iran has a young, growing population, with an increasing trend toward urbanization. Cities like Tehran, Isfahan, and Shiraz are expanding, which can drive demand for both residential and commercial properties.
Compared to many other Middle Eastern countries, property prices in Iran can be relatively low, which offers an opportunity for early investors to acquire properties at a lower cost.
Iran is strategically located at the crossroads of the Middle East, Central Asia, and beyond. This could make it an important logistics or trade hub, increasing the value of commercial real estate.
Iran has a rich cultural heritage and numerous UNESCO World Heritage sites. Investment in tourism-related real estate (like hotels, resorts, or serviced apartments) could benefit from growth in both domestic and international tourism if the country's international relations improve.
In summary, buying or investing in new real estate developments in Iran can offer high returns due to favorable property prices, a growing population, and ongoing urban development. However, it comes with risks, particularly in terms of political instability, currency fluctuations, and legal barriers.