Home Purchase Price List in Shiraz / How Much Does an Apartment Cost per Square Meter in Different Neighborhoods of This Metropolis? + Table, Mehr 1405
Shiraz's housing market, under the shadow of inflation and sharp price fluctuations, shows a deep value gap between the luxury neighborhoods of north Shiraz and mid-range areas.
Economics Department, the housing market in Shiraz metropolis these days is witnessing an obvious bipolarity and a significant difference in property values in different urban areas; A situation that has intensified with the growth of general inflation, the increase in construction costs and the influx of real estate funds from all over the south of the country to the cultural capital of Iran and has completely changed the equations of buying a house in Shiraz.
Shiraz, as the economic, medical and academic hub of the southern half of the country, has always been the focus of attention of small and large real estate investors from neighboring provinces, and this has caused the accumulated demand for housing in this metropolis to associate the market of residential apartments with successive fluctuations and price jumps.
The affluent and luxurious areas in the north and west of the city have created an astronomical distance from other urban contexts, and transactions in these areas are often carried out with very heavy price tags.
In the meantime, the aristocratic and noble neighborhoods of Shiraz, which are famous for having gardens, wooded texture, urban tranquility and privileged access, have experienced the greatest growth in the value of land and every square meter of building, and buying property in these areas has become a safe haven for the high-income class to preserve capital value against inflation.
On the other hand, the developed and modern commercial and residential centers in the west of Shiraz have also become one of the most sought-after real estate investment centers with the benefit of newly built complexes, complete amenities, access to the metro network and main urban transportation lines, and even apartments with a higher construction age in these areas have gained a high added value due to the high elasticity of the market.
This upward trend is not limited only to the elite neighborhoods and the overflow of demand has also activated the market of residential houses in middle-class areas, new settlements and the southern and eastern contexts of Shiraz. Consumer buyers and middle class strata who have lost the financial ability to buy in Balashahr of Shiraz, have focused their demand towards residential settlements with modern architecture and urban facilities; Areas that have more moderate rates, but due to the heavy influx of cash buyers and housing applicants, have registered a completely upward trend in price growth.
In addition, the older and southern neighborhoods of Shiraz also have a significant turnover due to the high demand of first-time home buyers and people who are looking for good-sized, multi-year apartments with a definitive document.
The experts and activists of Shiraz Real Estate Consultants Association emphasize that the real estate market of this city has now moved away from mere consumer demand and is heavily influenced by the influx of cash due to intra-regional migrations, the demand for capital preservation and the accumulated inflation of construction materials, an issue that is expected to deepen the property class gap between the north and south of Shiraz if the macroeconomic variables do not stabilize, and real applicants will choose units with a building age. higher or marginalization in the surrounding tissues.
According to the latest field surveys conducted in the housing market of Shiraz, the purchase price of housing in this metropolis is as follows:
A 150-meter two-bedroom unit, built in 1405, is traded for 33 billion and 750 million tomans in "Maali Abad". Also, a 113-meter two-bedroom unit built in 1390 is available to buyers in "Farhang Shahr" at a price of 22 billion and 200 million tomans.
Another unit, measuring 125 square meters with two bedrooms, built in 1403, is being sold in "Shahid Beheshti" at a price of 15 billion and 700 million tomans. Also, a 151-meter three-bedroom unit built in 1401 in Qasr al-Dasht is priced at 35 billion and 500 million tomans.