Investment Real Estate in Erbil
Erbil property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Erbil.
Search Map of Erbil Investment Real Estate
Erbil, also called Hawler (Kurdish: هەولێر ,Hewlêr, Arabic: أربيل, romanized: Arbīl; Syriac: ܐܲܪܒܹܝܠ, romanized: Arbel), is the capital and most populated city in the Kurdistan Region of Iraq. It lies in the Erbil Governorate. It has an estimated population of around 1,600,000.
Human settlement at Erbil may be dated back to the fifth millennium BC. At the heart of the city is the ancient Citadel of Erbil and Mudhafaria Minaret. The earliest historical reference to the region dates to the Third Dynasty of Ur of Sumer, when King Shulgi mentioned the city of Urbilum. The city was later conquered by the Assyrians.
In the 3rd millennium BC Erbil was an independent power in its area. It was conquered for a time by the Gutians. Beginning in the late 2nd millennium BC it came under Assyrian control. Subsequent to this, it was part of the geopolitical province of Assyria under several empires in turn, including the Median Empire, the Achaemenid Empire (Achaemenid Assyria), Macedonian Empire, Seleucid Empire, Armenian Empire, Parthian Empire, Roman Assyria and Sasanian Empire, as well as being the capital of the tributary state of Adiabene between the mid-second century BC and early second century AD. In ancient times the patron deity of the city was Ishtar of Arbela.
Following the Muslim conquest of Persia, it no longer remained a unitary region, and during the Middle Ages, the city came to be ruled by the Seljuk and Ottoman empires.
Erbil’s archaeological museum houses a large collection of pre-Islamic artefacts, particularly the art of Mesopotamia, and is a centre for archaeological projects in the area. The city was designated as Arab Tourism Capital 2014 by the Arab Council of Tourism. In July 2014, the Citadel of Erbil was inscribed as a World Heritage Site.
Get Our Latest List of Investment Property in Erbil
The financial stability of Erbil has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.
Buy to Rent in Erbil
Renting out your Erbil buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Erbilare – preparation is key:
Flipping Investment Property in Erbil
Flipping property in Erbil
Flipping property is when we advise clients to buy a Erbil property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Erbil market has a time to react to the renovation.
The Flipping Strategy in Erbil
Investment property flipping in Erbil is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Erbil real estate investments are sometimes referred to by professionals as ‘distressed’ Erbil real estate.
What is distressed Erbil property:
- Erbil property in need of renovation
- Erbil real estate with a change of puropose and use
- Oversold Erbil property
- Bank repossessions in Erbil
Put simply, long term investors in Erbil purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Erbil investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Erbil property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Erbil use a minimum profit value of 22% when looking at potential Erbil projects. The reason for this is because there are lots that can go wrong in Erbil property flipping and working on a potential margin of 22% should still leave a good margin of error.
Property Secured Investments is a Private Equity fund that invests in Erbil and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website
No listing found.