Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 19.44
Mortgage as Percentage of Income: 296.71%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 16.02
Price to Rent Ratio - Outside of Centre: 11.81
Gross Rental Yield (City Centre): 6.24%
Gross Rental Yield (Outside of Centre): 8.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 379,856.64 AMD 300,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 243,418.54 AMD 180,000.00-315,000.00
Apartment (3 bedrooms) in City Centre 613,220.81 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 369,183.99 AMD 272,953.91-600,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 117,585.16 AMD 83,612.04-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 54,151.68 AMD 43,470.92-74,321.81
Salaries And Financing
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Average Monthly Net Salary (After Tax) 237,739.60 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.39 12.00-18.50

These data are based on 358 entries in the past 18 months from 59 different contributors.
Last update: April 2024

Sources and References
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