EghtesadOnline: Any residential unit located in cities with a population of over 100,000 is considered vacant property, if it remains unoccupied for more than 120 days, and will be taxed.

EghtesadOnline: The Organization for Collection and Sale of State-Owned Properties of Iran has sold 4,610 billion rials ($40.43 million) worth of abandoned, smuggled and seized properties as well as narcotics (to pharmaceutical companies) over the first half of the current Iranian year (March 21-Sept. 22).

EghtesadOnline: The Deputy for Banking and Insurance Affairs at the Economy Ministry said during the one year between December 2018-19, 100 trillion rials ($770 million) worth of excess property of banks was divested.