Investment Property in Qom

Investment Real Estate in Qom

Investment Property in Qom
Investment Property in Qom

Qom 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 Qom.

Search Map of Qom Investment Real Estate

Qom (also spelled as “Ghom”, “Ghum”, or “Qum”) (Persian: قم [ɢom] (listen)) is the seventh largest metropolis and also the seventh largest city in Iran. Qom is the capital of Qom Province. It is located 140 km (87 mi) to the south of Tehran. At the 2016 census, its population was 1,201,158. It is situated on the banks of the Qom River.

Qom is considered holy in Shi’a Islam, as it is the site of the shrine of Fatimah bint Musa, sister of Imam Ali ibn Musa Rida (Persian: Imam Reza; 789–816). The city is the largest center for Shi’a scholarship in the world, and is a significant destination of pilgrimage, with around twenty million pilgrims visiting the city every year, the majority being Iranians but also other Shi’a Muslims from all around the world. Qom is also famous for a Persian brittle toffee known as sohan (Persian: سوهان), considered a souvenir of the city and sold by 2,000 to 2,500 “sohan” shops.

Qom has developed into a lively industrial center owing in part to its proximity to Tehran. It is a regional center for the distribution of petroleum and petroleum products, and a natural gas pipeline from Bandar Anzali and Tehran and a crude oil pipeline from Tehran run through Qom to the Abadan refinery on the Persian Gulf. Qom gained additional prosperity when oil was discovered at Sarajeh near the city in 1956 and a large refinery was built between Qom and Tehran.

Get Our Latest List of Investment Property in Qom

The financial stability of Qom 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 Qom

 

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

 

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

 

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

Flipping property in Qom

 

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

 

The Flipping Strategy in Qom

 

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

 

What is distressed Qom property:

 

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

 

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

 

Calculate profit that you make from Qom investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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