Property Prices in Armenia

Index
Price to Income Ratio:	17.53
Mortgage as Percentage of Income:	223.00%
Loan Affordability Index:	0.45
Price to Rent Ratio - City Centre:	18.88
Price to Rent Ratio - Outside of Centre:	19.47
Gross Rental Yield (City Centre):	5.30%
Gross Rental Yield (Outside of Centre):	5.14%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	181,458.46 AMD	145,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre	97,165.53 AMD	70,000.00-150,000.00
Apartment (3 bedrooms) in City Centre	380,725.52 AMD	250,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre	176,636.80 AMD	150,000.00-300,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	74,602.84 AMD	53,691.89-116,127.83
Price per Square Feet to Buy Apartment Outside of Centre	38,523.51 AMD	29,728.73-55,741.36
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	173,612.42 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.40	10.00-14.00

These data are based on 328 entries in the past 18 months from 47 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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