Tehran Real Estate market
Is tehran real estate a paradoxal market, how can city located in a third world country have square meter prices up to $3000 in middle class neighbourhoods?
It’s actually not that surprising that prices are so high when you think about the key factors that have driven up the real estate prices in tehran so much. Tehran real estate prices has grown very rapidly, especially during 2003 to 2007.
It not wize for the foreign investor to come to tehran and invest in real estate. Some economists strongly believe there is a real estate bubble going on in tehran. It was clever to invest 10 years ago before the real estae prices in tehran skyrocketed. But now is too late to the party. Tehran real estate prices are far from a bargain.