ArmInfo. In the first half of 2021, 1,919 real estate transactions were carried out by foreigners in Armenia, which is 14.7% more than a year ago. According to the RA State Cadastre of Real Estate, in total, non-residents accounted for 7.7% of the total number of transactions, against 8.4% in the same period a year earlier.
In particular, during the reporting period in Armenia, out of the total number of transactions of foreigners with real estate, sales were the most - 1314, and only 558 were bought. As a result, in the first half of this year foreigners bought 605 real estate objects, sold - 1361.
At the same time, the lion's share in terms of the purchase of real estate by foreigners falls on apartments - 42.8%, followed by land (22.3%), private houses (19.5%), garages (8.6%), public buildings values (4.8%), and the lowest percentage falls on the purchase of buildings of industrial value (2%). As in the case of buying, the lion's share of sales is also accounted for by apartments - 37%, followed by land (32%), private houses (25.6%), garages (2.6%), public buildings (2.4 %), and the smallest number of sales falls on buildings of industrial importance (0.5%).
The most actively buying and selling real estate in Armenia are citizens of the Russian Federation, the USA, Iran, a number of European countries and the CIS. For all indicators for the reporting period, there is a dominance of sales over buying in transactions of foreigners with real estate.
