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General description of the housing situation
Buying a house
Due to the high housing prices, very few people can afford to purchase a private residence.
Only Iranian nationals can purchase a property, therefore you have to produce a birth certificate. This condition would be in addition to provision of the certificate of completion of national military service for males.
The average cost for a 100-sqm apartment is IRR10,000,000 per sqm and above in Tehran and IRR5,000,000 and above in other provincial capital and the major cities. There are cheaper accommodations available far from the city centers.
Renting
To rent a property in Iran, there is no nationality condition though one should hold a proper ID (birth certificate or national ID card in most cases), deposit an installment which usually is IRR 10, 000,000 plus, and render signed cheques to cover rent for 12 months.
Example of rental fees
In Tehran, the capital, the average rate for a two-bedroom apartment is 4,000,000 Rials per month and higher. In major cities such as Isfahan, Shiraz and Mashad the rent for the same apartment is is bit lower around 3,000,000 Rials and in rural areas the rent for the same size apartment is 1,500,000 Rials. There are less expensive accommodations in areas far from the city center.
Real Estate & Rental Agencies
Porsalle
No. 253, Fereshteh St., Elahieh,
Tehran - Iran
Tel: (+9821) 205.19.19
Fax: (+9821) 205.56.10 |
Delta Real Estate
Tel : +98 21 888 26 65
Fax : +98 21 878 63 32
Email : Delta@irrest.com
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Net Real Estate
Address:1st. Floor, No.46, corner of Toopchi St.,
North Sohrevardi Ave. Tehran
Phone:+98 21 8760292 |
Tarrahaan Real Estate
TEL:( +98 21) 22720153
Fax:( +98 21 ) 22744426
Mobile: (+98) 912 1166105
E-mail: info@tarrahaan.com
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Social grants for housing
There is no social housing grant available in Iran, though one could get use of banking facilities. The only exceptions are subsidized housing facilities which are provided by authorities to some employees of the government or armed forces. Generally the maximum bank loan for a single residential unit stands at 120 million rials, 80 million of which is to be transferred to the home purchaser on long-term repayment. Bank-e Saderat has increased the loan ceiling for house purchase on the basis of repayment-on-installment procedure to 80 million rials, which will be handed over for projects with at least 30 percent physical progress and confirmed to be in compliance with construction standards.
List Of Banks
Central Bank of the Islamic Republic of Iran
Address:Opposite of Turkey Embassy,Istanbul Junction,Ferdowsi Street Tehran Iran
Telephone: +98(21)664461
Web: http://www.agri-bank.com/ |
Bank Mellat (Nation’s Bank)
Address: Taleghani Ave.
Cnr Forsat St, No. 327 Tehran Iran
Telephone: [98] (21) 882-961
Fax: [98] (21) 88296-2700 |
Bank Melli Iran (The National Bank of Iran)
Address:P.O.B. 11365-171 Ferdowsi Ave. Tehran Iran
Telephone: [98] (21) 33231
Fax: [98] (21) 3302-813 |
Bank Refah Kargaran
Address:P.O.B. 15714
40 Shirazi St. Mollasadra Ave.Tehran Iran
Telephone: [98] (21) 8804-2926
Fax: [98] (21) 8804-2926 |
Bank Saderat Iran (The Export Bank of Iran)
Address:P.O.B. 15745-631 Bank Saderat Tower 43 Somayeh Ave.Tehran Iran
Telephone: [98] (21) 8832-699
Fax: [98] (21) 8883-9539 |
Bank Tejarat (Commercial Bank)
Address:P.O.B. 11365-5416
130 Taleghani Ave. Nejatoullahie Tehran Iran 15994
Telephone: [98] (21) 81-041
Fax: [98] (21) 8882-8215 |
Islamic Economy Organization (formerly Islamic Bank of Iran)
Address:Ferdowsi Ave.Tehran Iran |
Sanat Va Madan Bank
Address: No.593,Roudsar Junction,Hafez Ave .,Tehran Iran
Telephone: +98(21)8893456 |
Maskan Bank
Address: Imam Khomaini Sq .,Ferdowsi Street Tehran Iran
Telephone: +98(21)6679684 |
Eghtesad Novin Bank(EN Bank)
Address:EN Bank Building, Africa Ave., Tehran 1969954345, Iran, P.O.Box: 19395-3796
Telephone: (+9821)88788958-62
Fax:(+9821)88880166 |
Karafarin Bank
Address:No 315. Between Afrigha Ave and Vali-asr Ave, Vahid Dastgerdi Ave, Tehran, Iran.
Telephone: +9821 88791539
Fax:+9821 88550291 |
Parsian Bank
Address:No. 65, Keshavarz Blvd., 1415983111 Tehran, Iran. P.O.Box: 14155-3136
Telephone: (+9821)88979333
Fax:(+9821)88979344 |
Pasargad Bank
Address:2 Bakhshi Alley, Khovardin Blvd., Sharak Gharb, Tehran, Iran
Telephone: (+9821)88573885-7
Fax:(+9821)88573881 |
Saman Bank Corp
Address:No. 879-Enghelab Ave, Tehran, Iran
Telephone: (+9821)66959050
Fax:(+9821)66959040 |
Sarmayeh Bank
Address:No. 24 - Sepahbod St., Arak St. - Tehran, Iran
Telephone: (+9821)88803700 - 88803357 -
Fax:(+9821)88890390 |
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