Property Prices in Mahabad, Iran

Index Info
Price to Income Ratio: 15.42
Mortgage as Percentage of Income: 230.05%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 27.38
Price to Rent Ratio - Outside of Centre: 22.53
Gross Rental Yield (City Centre): 3.65%
Gross Rental Yield (Outside of Centre): 4.44%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 220.0 $ 140.0-300.0
Apartment (1 bedroom) Outside of Centre 126.5 $ 103.0-150.0
Apartment (3 bedrooms) in City Centre 353.0 $ 206.0-500.0
Apartment (3 bedrooms) Outside of Centre 210.0 $ 170.0-250.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 116.13 $ 92.9-139.35
Price per Square Feet to Buy Apartment Outside of Centre 55.74 $ 46.45-65.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 300.0 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.0

These data are based on 14 entries in the past 18 months from 2 different contributors.
Last update: August 2024

Sources and References
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