Property Prices in Armenia

Index
Price to Income Ratio:	18.19
Mortgage as Percentage of Income:	232.20%
Loan Affordability Index:	0.43
Price to Rent Ratio - City Centre:	20.31
Price to Rent Ratio - Outside of Centre:	20.20
Gross Rental Yield (City Centre):	4.92%
Gross Rental Yield (Outside of Centre):	4.95%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	188,924.31 AMD	150,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre	105,196.09 AMD	80,000.00-150,000.00
Apartment (3 bedrooms) in City Centre	376,831.02 AMD	250,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre	188,751.09 AMD	150,000.00-400,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	81,578.25 AMD	54,812.34-130,063.17
Price per Square Feet to Buy Apartment Outside of Centre	43,009.47 AMD	33,422.62-71,619.90
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	184,275.83 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.46	9.00-15.00

These data are based on 322 entries in the past 18 months from 48 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

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