Property Prices in Armenia

Index Info
Price to Income Ratio: 16.90
Mortgage as Percentage of Income: 224.09%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 15.35
Price to Rent Ratio - Outside of Centre: 11.50
Gross Rental Yield (City Centre): 6.52%
Gross Rental Yield (Outside of Centre): 8.69%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 256,394.28 AMD 150,000.00-421,234.26
Apartment (1 bedroom) Outside of Centre 170,808.21 AMD 100,000.00-300,000.00
Apartment (3 bedrooms) in City Centre 491,220.21 AMD 250,000.00-842,468.52
Apartment (3 bedrooms) Outside of Centre 291,812.90 AMD 175,000.00-505,481.11
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 82,066.74 AMD 46,960.34-139,353.40
Price per Square Feet to Buy Apartment Outside of Centre 38,907.45 AMD 27,393.53-58,700.43
Salaries And Financing
Average Monthly Net Salary (After Tax) 192,595.04 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.05 10.00-15.00

These data are based on 286 entries in the past 18 months from 52 different contributors.
Last update: June 2022
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