Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 19.30
Mortgage as Percentage of Income: 290.42%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 15.56
Price to Rent Ratio - Outside of Centre: 11.52
Gross Rental Yield (City Centre): 6.43%
Gross Rental Yield (Outside of Centre): 8.68%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 382,682.23 AMD 300,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 247,970.85 AMD 190,000.00-350,000.00
Apartment (3 bedrooms) in City Centre 626,480.53 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 371,739.28 AMD 300,000.00-600,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 115,746.62 AMD 83,612.04-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 53,540.09 AMD 41,257.99-74,321.81
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 235,992.00 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.14 11.50-18.50

These data are based on 349 entries in the past 18 months from 54 different contributors.
Last update: March 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far