Property Prices in Armenia

Index Info
Price to Income Ratio: 17.53
Mortgage as Percentage of Income: 223.00%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 18.88
Price to Rent Ratio - Outside of Centre: 19.47
Gross Rental Yield (City Centre): 5.30%
Gross Rental Yield (Outside of Centre): 5.14%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 181,458.46 AMD 145,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre 97,165.53 AMD 70,000.00-150,000.00
Apartment (3 bedrooms) in City Centre 380,725.52 AMD 250,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre 176,636.80 AMD 150,000.00-300,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 74,602.84 AMD 53,691.89-116,127.83
Price per Square Feet to Buy Apartment Outside of Centre 38,523.51 AMD 29,728.73-55,741.36
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 173,612.42 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.40 10.00-14.00

These data are based on 328 entries in the past 18 months from 47 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

Sources and References
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DeutschImmobilienpreise in Armenien
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ItalianoPrezzi delle proprietà immobiliari in Armenia
FrançaisPrix de l'immobilier en Arménie
EspañolPrecios de Inmuebles en Armenia