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Property Prices in Armenia

Index Info
Price to Income Ratio: 13.84
Mortgage as Percentange of Income: 202.43%
Loan Affordability Index: 0.49
Price to Rent Ratio - City Centre: 15.94
Price to Rent Ratio - Outside of Centre: 19.85
Gross Rental Yield (City Centre): 6.27%
Gross Rental Yield (Outside of Centre): 5.04%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 116,842.11 AMD 80,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 68,000.00 AMD 50,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 337,500.00 AMD 200,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre 126,666.67 AMD 90,000.00-200,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 48,037.90 AMD 37,160.91-69,676.70
Price per Square Feet to Buy Apartment Outside of Centre 27,783.09 AMD 16,257.90-37,160.91
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 147,385.38 AMD
Mortgage Interest Rate in Percentages (%), Yearly 13.66 12.00-18.00

These data are based on 138 entries in the past 18 months from 21 different contributors.
Last update: April, 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!