Property Prices in Armenia

Index Info
Price to Income Ratio: 14.21
Mortgage as Percentange of Income: 214.76%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 16.27
Price to Rent Ratio - Outside of Centre: 19.65
Gross Rental Yield (City Centre): 6.14%
Gross Rental Yield (Outside of Centre): 5.09%
Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 111,176.47 AMD 80,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 66,500.00 AMD 50,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 339,285.71 AMD 140,000.00-800,000.00
Apartment (3 bedrooms) Outside of Centre 128,571.43 AMD 90,000.00-200,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 48,151.24 AMD 37,160.91-69,676.70
Price per Square Feet to Buy Apartment Outside of Centre 27,367.77 AMD 16,257.90-37,160.91
Salaries And Financing [ Edit ] Avg.
Average Monthly Net Salary (After Tax) 143,052.63 AMD
Mortgage Interest Rate in Percentages (%), Yearly 14.22 12.00-22.00

These data are based on 130 entries in the past 18 months from 20 different contributors.
Last update: March, 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!