Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 24.91
Mortgage as Percentage of Income: 410.32%
Loan Affordability Index: 0.24
Price to Rent Ratio - City Centre: 19.49
Price to Rent Ratio - Outside of Centre: 13.46
Gross Rental Yield (City Centre): 5.13%
Gross Rental Yield (Outside of Centre): 7.43%
Rent Per Month
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Apartment (1 bedroom) in City Centre 347,263.07 AMD 250,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 244,059.89 AMD 170,000.00-320,000.00
Apartment (3 bedrooms) in City Centre 588,767.04 AMD 450,000.00-900,000.00
Apartment (3 bedrooms) Outside of Centre 369,092.00 AMD 300,000.00-600,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 133,608.78 AMD 83,612.04-232,255.67
Price per Square Feet to Buy Apartment Outside of Centre 61,814.59 AMD 46,451.13-91,508.73
Salaries And Financing
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Average Monthly Net Salary (After Tax) 211,107.40 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.75 12.00-18.20

These data are based on 376 entries in the past 18 months from 56 different contributors.
Last update: December 2024

Sources and References
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