Property Prices in Armenia

Index Info
Price to Income Ratio: 13.27
Mortgage as Percentange of Income: 188.76%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 16.69
Price to Rent Ratio - Outside of Centre: 19.48
Gross Rental Yield (City Centre): 5.99%
Gross Rental Yield (Outside of Centre): 5.13%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 117,608.70 AMD 80,000.00-160,000.00
Apartment (1 bedroom) Outside of Centre 67,291.67 AMD 50,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 270,714.29 AMD 140,000.00-500,000.00
Apartment (3 bedrooms) Outside of Centre 121,764.71 AMD 90,000.00-200,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 44,770.09 AMD 22,174.28-60,386.47
Price per Square Feet to Buy Apartment Outside of Centre 26,629.75 AMD 20,438.50-33,630.62
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 144,795.54 AMD
Mortgage Interest Rate in Percentages (%), Yearly 13.19 8.50-22.00

These data are based on 158 entries in the past 18 months from 24 different contributors.
Last update: August 2017
Our data for each country are based on all entries from all cities in that country.

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Property Prices in this country for some cities: Yerevan

We would like to gather more data for: Abovyan, Alaverdi, Ararat, Armavir, Ashtarak, Berd, Dilijan, Gavar, Goris, Gyumri, Hrazdan, ... Update information for Armenia!