Investment Property in Jiroft

Investment Real Estate in Jiroft

Investment Property in Jiroft
Investment Property in Jiroft

Jiroft 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 Jiroft.

Search Map of Jiroft Investment Real Estate

Jiroft (Persian: جیرفت, also Romanized as Jīroft; formerly, Sabzāwārān, Sabzevārān, Sabzevārān-e Jiroft, and Sabzvārān) is a city and capital of Jiroft County, Kerman Province, Iran. At the 2006 census, its population was 95,031, in 19,926 families. It is located 230 kilometres (140 mi) south of the city of Kerman, and 1,375 kilometres (854 mi) south of Tehran along Road 91. In the past it was also called Sabzevaran, and on account of its being very fertile land it is famous as Hend-e-Koochak (the little India).The civilization found in Jiroft is one of the oldest human civilizations (according to some, the oldest) and the manuscripts obtained from this civilization are before the cuneiform discovered in Mesopotamia.

Jiroft is located in a vast plain, Halil River, on the southern outskirts of the Jebal Barez mountain chain, surrounded by two rivers. The mean elevation of the city is about 650 metres (2,130 ft) above sea level. The weather of the city is sweltering in summer – it is one of the hottest places in Iran – but temperatures are moderate in winter.

There is a large dam (Jiroft Dam) upstream the city (40 km North-East of Jiroft) on the Halil River (Halilrood). It is under operation since 1992. Having a reservoir of more than 410 million cubic meters of water, irrigates 14200 hectares of the downstream and generates electricity.

The city is served by Jiroft Airport, located several kilometres to the northwest.

Get Our Latest List of Investment Property in Jiroft

The financial stability of Jiroft 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 Jiroft

 

Renting out your Jiroft buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Jiroftare – preparation is key:

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Jiroft and be prepared to change your initial outlook.
  • Thoroughly research the Jiroft location with a special emphasis on fringe areas outside the main Jiroft metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Jiroft.
  • Ensure that your target investment property in Jiroft 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 Jiroft

Flipping property in Jiroft

 

Flipping property is when we advise clients to buy a Jiroft 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 Jiroft market has a time to react to the renovation.

 

The Flipping Strategy in Jiroft

 

Investment property flipping in Jiroft 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 Jiroft real estate investments are sometimes referred to by professionals as ‘distressed’ Jiroft real estate.

 

What is distressed Jiroft property:

 

  • Jiroft property in need of renovation
  • Jiroft real estate with a change of puropose and use
  • Oversold Jiroft property
  • Bank repossessions in Jiroft

 

Put simply, long term investors in Jiroft purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Jiroft investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Jiroft 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 Jiroft use a minimum profit value of 22% when looking at potential Jiroft projects. The reason for this is because there are lots that can go wrong in Jiroft 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 Jiroft 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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