03

Investment & feasibility

A project’s value connects the quality of a place with its capacity to be realised.

What you receive before deciding

A serious investor decides on documents, not promises. For each project, this set is shared with you before any agreement:

1. Project profile: name, location, type, current status and Azhianeh’s exact role in that project.

2. Land and permit status: ownership, land use, planning rules and existing permits. Anything unknown is marked “requires confirmation”.

3. Design and spatial programme: plans and images, with a clear distinction between concept renders and real photographs.

4. Cost and time estimate: with the basis of calculation and its assumptions, not a single unexplained figure.

5. Scenarios: cautious, middle and optimistic cases, showing which assumption the result is most sensitive to.

6. Legal structure: the project company, each party’s share and the terms of cooperation, in writing.

7. Reporting: the frequency and format of progress reports, agreed before entry.

This list is Azhianeh’s working template. Documents are completed project by project and are not presented as final until confirmed.

Feasibility without vague numbers

Feasibility means knowing, before building, what can be built on this land, at what cost and over what period, and which assumption the result depends on.

We do not publish profit, future price or percentage return on this site. Any estimate comes with its assumptions and date.

Three ways into an Azhianeh project

You have capital

Your aim may be buying a unit or financially joining a specific project. These routes carry different rights and obligations; before you commit, the design, dated cost estimates, programme, reporting method and exit terms are set out for that opportunity.

Request an investment meeting

You own land or property

We study the site before making any promise: planning rules, access, use and market. A partnership percentage means little before land value, costs and each side's contribution are known; a reviewable programme comes first, then the cooperation model.

Request a land assessment

About this route

You supply goods or services (barter)

Material and equipment suppliers or contractors can offer cash, barter or mixed terms. Acceptance depends on that project's needs and the assets it can offer; value, delivery and quality are put in writing before work begins.

Request a barter review

About this route

A defined structure for each project

Azhianeh's practice is to define each project's legal structure, including a project company where appropriate, in that project's own contract. Land, capital, costs and sales are meant to be recorded clearly and kept apart from other projects. A landowner's participation takes the form set out in that contract.

Cost control is agreed per project, for example through approved budgets and staged payments. Cost increases are normal in construction; what matters is that the mechanism for approving them is written into the contract in advance.

No promised returns

We publish no yield figures, profit percentages or price forecasts. Anyone who gives you a fixed return before seeing the project is offering information they cannot stand behind.

What we settle before work begins: roles, contributions, schedule, reporting and dispute resolution. Development starts with saying no to the wrong opportunities.

Mazandaran, beyond the holiday stay

Sea, forest and highland landscapes offer different ways of living. Our interest is in making everyday life work here: a quiet place to work, accessible services, room for children and time outdoors. Nature can inform the daily programme of a home, not simply the view from its window.

Landscape alone is not an investment case. Year-round access, actual journey times, infrastructure, local demand and maintenance costs must be assessed for the specific site. Free-zone or tourism assumptions require current evidence before they enter an income forecast.

What is established before a decision?

  1. The brief

    Objectives, land documents, constraints and each party’s responsibilities.

  2. Development scenarios

    Use, unit sizes, shared facilities and phased delivery options.

  3. The economic picture

    Dated cost and income estimates, cash flow and sensitivity to delay or price changes.

  4. Decision and agreement

    After specialist review, commitments, reporting and exit arrangements are set out in a separate agreement.

Working across borders

For clients outside Iran, a commission can begin with architecture, master planning or development advice. Project location, scope, document language and coordination with local consultants are agreed at the outset. Investment and transfers of funds are separate matters requiring relevant legal, banking and tax review before any commitment.

Before we work together

What exactly does Azhianeh do?

Azhianeh is an architecture, research and project-development practice based in Tehran and working across Iran since 2005. Architecture, structural engineering, development, construction management and operation sit in one team.

Where is my capital held?

As defined in that project's contract; the structure is explained before any commitment.

How do I know costs are spent properly?

Through approved budgets, staged payments, audit and periodic progress reports, with the method agreed in the contract before you enter.

Are returns guaranteed?

No. Estimates carry a date, assumptions and scenarios. Actual outcomes depend on delivery, approvals, market, cost and timing.

What if construction costs rise?

How increases are approved and shared is written into the contract before work starts.

How would I exit?

The exit route is agreed before entry: asset sale, transfer of interest or operation, each with its own contractual terms.

I own land. Why partner instead of selling?

The land enters the project company at an independent valuation, and the owner holds a registered share in the value that design and construction create. The decision follows a capacity study of that specific site.

How is the landowner's share set?

On the independent valuation and each party's contribution to that project. There is no single ratio for all sites; the final share is recorded in the contract.

How does barter work?

Materials, equipment or services are valued in writing before delivery. Schedule, quality and the equivalent units or share are set out in a barter contract.

Is there a minimum investment?

There is no single figure across projects. We first establish whether you are buying a residence or participating in development, and which documented opportunities are available.

Can I work with you from outside Iran?

Design, master planning and advisory work, yes. For investment, the first questions are who signs, who reports and how progress can be verified from abroad; these are answered in writing first. Transfers of funds need separate legal, banking and tax review.

Where can I see your work?

On the projects page, and through an arranged visit to the Rokan Sense site in Mahmoudabad.

Explore this approach in practice