The number of real estate contracts made by foreigners has decreased

The number of real estate contracts made by foreigners has slightly decreased in June comparing to the first half of the year. But the number of real estate contracts has increased from 167 to 180: 38 contracts of buying a garage and 25 contracts of buying a land.

Real estate buying by foreigners wasn’t that often in May 2019 – only 165 contracts of buying, and the majority of contracts again are land and garage buying.

The land market is active and the demand for agricultural lands is high

Despite the forecasts, the number of deals has not decreased significantly

The number difference of transactions between Yerevan and regions is gradually decreasing