Property Prices in Yerevan, Armenia

Index Info
Price to Income Ratio: 23.51
Mortgage as Percentage of Income: 382.66%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 18.68
Price to Rent Ratio - Outside of Centre: 12.93
Gross Rental Yield (City Centre): 5.35%
Gross Rental Yield (Outside of Centre): 7.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 348,761.29 AMD 250,000.00-500,000.00
Apartment (1 bedroom) Outside of Centre 244,370.25 AMD 190,000.00-320,000.00
Apartment (3 bedrooms) in City Centre 597,253.45 AMD 450,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 370,672.58 AMD 300,000.00-600,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 129,192.29 AMD 83,612.04-185,804.53
Price per Square Feet to Buy Apartment Outside of Centre 59,527.63 AMD 46,451.13-83,612.04
Salaries And Financing
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Average Monthly Net Salary (After Tax) 216,042.14 AMD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.54 12.00-18.10

These data are based on 374 entries in the past 18 months from 59 different contributors.
Last update: November 2024

Sources and References
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