The hot market for the sale of housing meters in Tehran / how much is the profit for the buyers? – Tejarat News
The sale of housing by the meter has been booming, while unfortunately, many applicants cannot afford to buy housing, so they buy housing by the meter to preserve capital. An action that will be profitable in the long run.
According to Tejarat News, the pre-sale market for apartments ranging from one apartment to several people has heated up in Tehran, and this type of transaction is mainly carried out by cooperatives in District 22. In this process, people who are unable to buy an apartment for six dong buy shares to maintain the value of their money and invest in the housing market.
As the number of applicants has decreased, the demand for pre-purchasing a specific area of an apartment has gradually increased. The sale of shares of residential projects by cooperatives and builders has been implemented in the country for years, but it was not very prosperous until the fluctuations of recent years. Builders attract the necessary liquidity to complete the projects by assigning specific areas of their residential and commercial projects to different people.
A significant number of ads for the sale of housing stock can be seen among the ads in District 22. Due to the high size of the residential units in this area and the lack of compatibility of the purchasing power of the applicants with the existing rates, some projects are sold by the meter. The transaction mechanism is such that a certain square footage of the residential unit is offered in the form of shares.
For example, a 200-meter unit is offered for pre-sale, and four different people each buy 50 meters of this unit in the form of shares. The set price is usually lower than the rates available in the market, which of course is set on account. In the future, the price of the desired apartment may increase with coefficients regarding the choice of floor, branches, common areas and parking, and the applicant must pay this price difference. With the completion of the project, each of the four people can sell their shares of the desired apartment in the market at the daily rate.
Source:ISNA