Property Prices in Gyumri, Armenia

Index Info
Price to Income Ratio: ?
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 7.05
Price to Rent Ratio - Outside of Centre: 8.39
Gross Rental Yield (City Centre): 14.19%
Gross Rental Yield (Outside of Centre): 11.92%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 170,000.00 AMD 150,000.00-200,000.00
Apartment (1 bedroom) Outside of Centre 105,000.00 AMD 80,000.00-150,000.00
Apartment (3 bedrooms) in City Centre 323,334.00 AMD 220,000.00-500,002.00
Apartment (3 bedrooms) Outside of Centre 173,333.33 AMD 130,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 24,897.81 AMD
Price per Square Feet to Buy Apartment Outside of Centre 17,186.92 AMD
Salaries And Financing
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Average Monthly Net Salary (After Tax) ?
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.00

These data are based on 21 entries in the past 18 months from 6 different contributors.
Last update: September 2024

Sources and References
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