Property Prices in Gyumri, Armenia

Index
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	Edit	Range
Apartment (1 bedroom) in City Centre	170,000.0 AMD	150,000.0-200,000.0
Apartment (1 bedroom) Outside of Centre	105,000.0 AMD	80,000.0-150,000.0
Apartment (3 bedrooms) in City Centre	323,334.0 AMD	220,000.0-500,002.0
Apartment (3 bedrooms) Outside of Centre	173,333.33 AMD	130,000.0-200,000.0
Buy Apartment Price	Edit
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	Edit
Average Monthly Net Salary (After Tax)	?
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.0

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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country data (source The World Bank, 2024)
GDP Per Capita ($) :	16,100.0
GDP Growth Rate:	12.6%
Population Growth Rate:	-0.4%