Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 17.75
Mortgage as Percentage of Income: 223.68%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 20.28
Price to Rent Ratio - Outside of Centre: 21.21
Gross Rental Yield (City Centre): 4.93%
Gross Rental Yield (Outside of Centre): 4.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 182,015.63 AMD 150,000.00-300,000.00
Apartment (1 bedroom) Outside of Centre 97,870.69 AMD 70,000.00-150,000.00
Apartment (3 bedrooms) in City Centre 383,866.49 AMD 250,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre 170,829.55 AMD 150,000.00-250,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 80,616.20 AMD 54,812.34-139,353.40
Price per Square Feet to Buy Apartment Outside of Centre 41,500.26 AMD 32,515.79-72,550.88
Salaries And Financing
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Average Monthly Net Salary (After Tax) 185,164.67 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.27 9.00-13.00

These data are based on 302 entries in the past 18 months from 45 different contributors.
Last update: January 2021

Sources and References
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1 Comments so far
sossi ghazar on Jun 18, 2019:
How much does it coast the meterof land in Antarayin ??