Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 21.08
Mortgage as Percentage of Income: 335.43%
Loan Affordability Index: 0.30
Price to Rent Ratio - City Centre: 16.79
Price to Rent Ratio - Outside of Centre: 12.29
Gross Rental Yield (City Centre): 5.96%
Gross Rental Yield (Outside of Centre): 8.13%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 370,793.71 AMD 280,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 249,111.19 AMD 190,000.00-349,086.46
Apartment (3 bedrooms) in City Centre 624,653.70 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 378,066.23 AMD 300,000.00-600,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 122,532.79 AMD 83,612.04-179,301.37
Price per Square Feet to Buy Apartment Outside of Centre 57,698.61 AMD 46,451.13-74,321.81
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 230,036.67 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.12 12.00-17.70

These data are based on 353 entries in the past 18 months from 62 different contributors.
Last update: July 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far