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Mostly, apartments are rented in Yerevan and the lands in Armavir province
On April 2019, in the Republic of Armenia 90% more rental transactions comparing to last April were realised. Rental market was the most active in Yerevan as always and in Gegharquniq and Syuniq provinces as well. One more interesting fact-In April in Armenia 177 land rental transactions and the 485 hectare of rented land is […]
There was a slight increase in prices of apartments in the regions in April
Analyzing the data of average prices of 1 square metre of apartments sold in the regions published by the State Committee of Real Estate Cadastre of the Republic of Armenia in April 2019, and summarizing all the indicators, we can state that the prices of apartments of multi-apartment residential buildings in the regions increased by […]
Foreigners purchase 2 times more real estate in Armenia
According to analysis of real estate cadaster committee of the Republic of Armenia, foreigners purchase 2 times more real estate in Armenia comparing to the last April. It is interesting to note that in Yerevan growth is 90%, but in regions, except Lori and Tavush , the number of deals is several times more. The […]
Unprecedented increase of mortgage loans and large investment projects according to the Prime-Minister of RA.
The key of the economical part of the popular 4-hour conference on March held by Prime-Minister Nikol Pashinyan can be considered the statistics provided in the beginning of it. Particularly, the Prime-Minister announced that in comparison with February 2018 in February 2019 the volume of mortgage loans increased by 100%. And on the general loaning […]
Meeting at the State Committee of Real Estate Cadastre: from legislative gaps, black realtors to the customers who leave
A few days ago, the head of the State Committee of Real Estate Cadastre of the Republic of Armenia, Sarhat Petrosyan and the representatives of several real estate companies, discussed the urgent issues of the sector, particularly, the activities of realtors that work illegally and do not pay taxes. Real estate agents noted, that in […]
Armenian velvet revolution and the “Velvet behavior” of Armenia’s real estate market
If we describe the reaction of the real estate market of Armenia to Armenian velvet revolution in April-May, we can graphically describe it in the same way as “velvet”. In general, any political event with both economic and political patterns in any country directly affects the economy (in negative way), ups and downs in prices […]
The process of purchase and sale in Armenia
The purchase and sale of real estate is a risky process, if you do not have any legal or other related knowledge. In this case, we recommend you contacting real estate agencies or an individual realtor (real estate agent), which will lower the risk of being deceived and mistaken. The realtor takes all the complex […]
