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Property Prices in Armenia

Index Info
Price to Income Ratio: 13.34
Mortgage as Percentange of Income: 189.60%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 16.03
Price to Rent Ratio - Outside of Centre: 18.34
Gross Rental Yield (City Centre): 6.24%
Gross Rental Yield (Outside of Centre): 5.45%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 120,681.82 AMD 80,000.00-180,000.00
Apartment (1 bedroom) Outside of Centre 70,000.00 AMD 50,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 278,750.00 AMD 200,000.00-450,000.00
Apartment (3 bedrooms) Outside of Centre 120,000.00 AMD 90,000.00-200,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 44,197.87 AMD 22,316.05-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 25,468.46 AMD 20,438.50-32,515.79
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 140,484.96 AMD
Mortgage Interest Rate in Percentages (%), Yearly 13.17 8.50-24.00

These data are based on 162 entries in the past 18 months from 26 different contributors.
Last update: October 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!