Property Price
Mongolia
Real Estate Calculator
- Simple calculation — average price of residential real estate, commercial real estate and industrial premises in the region
- Detailed calculation — the location of the property, the type of building, repairs and infrastructure are taken into account
You can find out the cost of PURCHASE or RENTAL:
- residential real estate: apartments and houses
- commercial real estate: offices, showrooms, shops
- industrial real estate: workshops, warehouses, hangars
The real estate market in Mongolia is still developing and offers investment opportunities, particularly for those interested in the country's rapidly growing mining industry. The market is largely driven by demand for residential properties, particularly in the capital city of Ulaanbaatar, where there is a shortage of housing.
Foreigners are allowed to purchase and own property in Mongolia, subject to certain restrictions and regulations. Non-residents are required to obtain a permit from the government to purchase property, and the process can be complicated, requiring the assistance of a local legal expert or real estate agent.
The real estate industry in Mongolia is regulated by the Ministry of Construction and Urban Development, which oversees the issuance of land titles and manages the country's land registry.
Mongolia has implemented various initiatives and policies to encourage foreign investment in the real estate market, particularly in the mining sector. The government has also introduced a number of measures to address the shortage of affordable housing in Ulaanbaatar, such as offering incentives for developers to build affordable housing.
Overall, the real estate market in Mongolia offers investment opportunities, particularly for those interested in the mining industry. However, the process for purchasing property can be complicated, and it's important for investors to carefully research the market and regulations before investing to ensure compliance with local laws and regulations.