Investment Property in Rasht

Investment Real Estate in Rasht

Investment Property in Rasht
Investment Property in Rasht

Rasht 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 Rasht.

Search Map of Rasht Investment Real Estate

Rasht (Persian: رشت, romanized: Rašt [ɾæʃt] (listen); Gilaki: Rəšt; also romanized as Resht and Rast, and often spelt Recht in French and older German manuscripts) is the capital city of Gilan Province, Iran. Also known as the “City of Rain” (شهر باران, Ŝahre Bārān), it had a population of 679,995 as of the 2016 census and is the most populated city of northern Iran.

Rasht is the largest city on Iran’s Caspian Sea coast. Due to being between the coast and the mountains, the local environment is rainy with humid subtropical and mediterranean influences. It also has temperate rainforest to its south, contrasting to the mostly arid Iran. It is a major trade center between Caucasia, Russia, and Iran using the port of Bandar-e Anzali. Rasht is also a major tourist center with the resort of Masouleh in the adjacent mountains and the beaches of Caspian as some of the major attractions.

Historically, Rasht was a major transport and business center which connected Iran to Russia and the rest of Europe, and because of this was known as the “Gate of Europe”. The city has a history that goes back to the 13th century but its modern history dates back to the Safavid era during which Rasht was a major silk trade center with numerous textile workshops. In 2015, this city joined the network of creative cities of the world as a creative gastronomy city under the supervision of UNESCO.

Get Our Latest List of Investment Property in Rasht

The financial stability of Rasht 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 Rasht

 

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

 

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

 

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

Flipping property in Rasht

 

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

 

The Flipping Strategy in Rasht

 

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

 

What is distressed Rasht property:

 

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

 

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

 

Calculate profit that you make from Rasht investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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