Property Prices in Armenia

Index Info
Price to Income Ratio: 18.24
Mortgage as Percentage of Income: 283.54%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 17.18
Price to Rent Ratio - Outside of Centre: 12.06
Gross Rental Yield (City Centre): 5.82%
Gross Rental Yield (Outside of Centre): 8.29%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 346,663.58 AMD 245,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 232,161.40 AMD 150,000.00-310,000.00
Apartment (3 bedrooms) in City Centre 566,986.13 AMD 375,000.00-963,180.83
Apartment (3 bedrooms) Outside of Centre 359,000.97 AMD 230,000.00-577,908.49
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 115,742.39 AMD 78,966.93-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 53,169.61 AMD 39,371.94-74,321.81
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 249,264.41 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.71 12.00-20.00

These data are based on 413 entries in the past 18 months from 74 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: