Property Prices in Karaj, Iran

Index Info
Price to Income Ratio: 18.97
Mortgage as Percentage of Income: 431.89%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 17.84
Price to Rent Ratio - Outside of Centre: 15.17
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 6.59%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 406.25 $ 200.00-712.50
Apartment (1 bedroom) Outside of Centre 280.31 $ 100.00-475.00
Apartment (3 bedrooms) in City Centre 1,228.13 $ 400.00-2,375.01
Apartment (3 bedrooms) Outside of Centre 720.32 $ 150.00-1,187.51
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 191.81 $ 74.32-330.97
Price per Square Feet to Buy Apartment Outside of Centre 102.77 $ 46.45-220.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 417.81 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 22.50 18.00-36.00

These data are based on 49 entries in the past 18 months from 8 different contributors.
Last update: May 2021

Sources and References
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1 Comments so far
Amir shabazian on Nov 26, 2017:
Interested in a house with land in karaj, please call me at 617-429-6498 USA