Property Prices in Armenia

Index
Price to Income Ratio:	18.63
Mortgage as Percentage of Income:	237.17%
Loan Affordability Index:	0.42
Price to Rent Ratio - City Centre:	20.09
Price to Rent Ratio - Outside of Centre:	21.10
Gross Rental Yield (City Centre):	4.98%
Gross Rental Yield (Outside of Centre):	4.74%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	186,854.19 AMD	150,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre	101,864.59 AMD	80,000.00-150,000.00
Apartment (3 bedrooms) in City Centre	385,555.63 AMD	250,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre	180,000.00 AMD	150,000.00-400,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	81,096.64 AMD	54,812.34-139,353.40
Price per Square Feet to Buy Apartment Outside of Centre	43,205.01 AMD	34,033.31-72,928.53
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	179,500.03 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.42	10.00-14.00

These data are based on 320 entries in the past 18 months from 49 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

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