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 located in Armavir province. By the way unlike other properties, land lease deals are not upgraded to April of last year, even a slight decrease was observed.

There hasn’t been a significant drop in apartment prices and most likely will not be

The apartment price fluctuations in the regions are very different depending on the city

Decentralization is taking place in the real-estate market