Alipour, 26, has scored 62 goals and provided 32 assists in 192 games for Persepolis.
The striker, who can also play as a winger, is expected to arrive in Paços de Ferreira in the next two weeks to sign a contract for two seasons with the team.
Ali Alipour had been already linked with a move to Rio Ave.
Paços de Ferreira is one of the historic teams in Portuguese football, having been in the Portuguese Primeira Liga for 20 seasons.