Investment Property in Shiraz

Investment Real Estate in Shiraz

Investment Property in Shiraz
Investment Property in Shiraz

Shiraz 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 Shiraz.

Search Map of Shiraz Investment Real Estate

Shiraz (; Persian: شیراز, romanized: Širâz [ʃiːˈɾɒːz] (listen)) is the fifth-most-populous city of Iran and the capital of Fars Province, which has been historically known as Pars (پارس, Pārs) and Persis. As of the 2016 national census, the population of the city was 1,565,572 people, and its built-up area with Sadra was home to almost 1,800,000 inhabitants. A census in 2021 showed an increase in the city’s population to 1,995,500 people. Shiraz is located in southwestern Iran on the rudkhaneye khoshk (lit.‘dry river’) seasonal river. Founded in the early Islamic period, the city has a moderate climate and has been a regional trade center for over a thousand years.

The earliest reference to the city, as Tiraziš, is on Elamite clay tablets dated to 2000 BCE. The modern city was restored or founded by the Arab Umayyad Caliphate in 693 CE and grew prominent under the successive Iranian Saffarid and Buyid dynasties in the 9th and 10th–11th centuries, respectively. In the 13th century, Shiraz became a leading center of the arts and letters, due to the encouragement of its ruler and the presence of many Persian scholars and artists. It was the capital of Iran during the Zand dynasty from 1750 until 1800. Two famous poets of Iran, Hafez and Saadi, are from Shiraz, whose tombs are located on the north side of the current city boundaries.

Shiraz is one of the top tourist cities Iran and it is known as the city of poets, literature, and flowers. It is also considered by many Iranians to be the city of gardens due to the presence of many gardens and fruit trees that can be seen throughout the city, such as Eram Garden. Shiraz is also a famous tourist destination in the world. Every year many tourists come around the world visit Shiraz. Shiraz has historically had major Jewish and Christian communities. The crafts of Shiraz consist of inlaid mosaic work of triangular design; silverware; pile carpet-weaving and weaving of kilim, called gilim and jajim in the villages and among the tribes. Dominant industries in the city include the production of cement, sugar, fertilizers, textile products, wood products, metalwork, and rugs.[citation needed] Shiraz also has a major oil refinery and is a major centre for Iran’s electronic industries: 53 percent of Iran’s electronic investment has been centred in Shiraz. The city is home to Iran’s first solar powerplant. Recently, Shiraz’s first wind turbine has been installed above Mount Babakuhi near the city.

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The financial stability of Shiraz 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 Shiraz


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


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


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

Flipping property in Shiraz


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


The Flipping Strategy in Shiraz


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


What is distressed Shiraz property:


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


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


Calculate profit that you make from Shiraz investment property flipping:


Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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