Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
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.
