Tuesday, June 9 2026 18:47
Alina Hovhannisyan

Real estate transactions by foreigners in Armenia rise by  32.3% YoY

Real estate transactions by foreigners in Armenia rise by  32.3% YoY

ArmInfo.  During the first quarter of 2026, foreign citizens completed 1,073 real estate buy-sell transactions in Armenia, representing a 32.3% increase  compared to the previous year's figure. Transactions executed by  foreigners accounted for 6.8% of the total volume of real estate  deals, up from 6.5% a year earlier. This is evidenced by data  provided by the State Committee of the Real Estate Cadastre of the  Republic of Armenia.

According to the cadastre data, the number of foreigners selling real  estate in Armenia outweighs the number of those buying. Specifically,  in Q1 2026, there were 548 sales transactions, 501 purchase  transactions, and 24 transactions involving both a purchase and a  sale.  Consequently, during the first quarter of this year,  foreigners purchased 525 real estate properties and sold 572.

The lion's share of real estate purchased by foreigners was  apartments (60.2%), followed by garages (13%), land (11%), private  homes (10.3%), public buildings (5%), and the lowest percentage of  industrial buildings (0.3%). Apartments also accounted for the  largest share of sales at 39.5%, followed closely by land (30.1%) and  private homes (25.3%). Garages accounted for a minor share (3.1%),  public buildings (1.6%), and industrial buildings (0.3%).  Citizens  of the Russian Federation, the United States, Iran, several European  countries, and the CIS are the most active buyers and sellers of real  estate in Armenia.