
Iran Focus
London, 9 Nov – Real estate prices in Iran have risen 83.5% in the past year, according to a report released by the Central Bank of Iran (CBI) in early November.
The CBI said that house prices in Tehran are based on the benchmark of 86,100,000 rials per square meter of built-in area in October 2018. That’s $575 based on the global exchange rate as sellers can’t get dollars based on the government’s artificial exchange rate.


