Investment Property in Erbil

Investment Real Estate in Erbil

Investment Property in Erbil
Investment Property 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 The earliest historical reference to the region dates to the Third Dynasty of Ur of Sumer, when King Shulgi mentioned the city of Urbilum.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.

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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:


  • Set goals based on how much rental yield will be required and the local rental yield rates in Erbil and be prepared to change your initial outlook.
  • Thoroughly research the Erbil location with a special emphasis on fringe areas outside the main Erbil metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Erbil.
  • Ensure that your target investment property in Erbil appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

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

Profit: $135,000


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

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