Ameriabank Named Armenia’s Best Bank for Real Estate by Euromoney

 Friday, November 29 2024 11:24:00
Ameriabank Named Armenia’s Best Bank for Real Estate by Euromoney

ArmInfoAmeriabank has been recognized as Armenia’s best bank for real estate by an international financial publication Euromoney, becoming the first-ever recipient of this award in Armenia. The Real Estate Awards honor excellence in the commercial real estate sector, acknowledging not only financial success and client service, but also a commitment to improving the sector through technological advances and sustainability initiatives.

IMF: Armenia`s real estate market continues to be overvalued
 Tuesday, November 26 2024 22:36

ArmInfo. The real estate market in Armenia continues to be overvalued, as stated by Umang Rawat, the IMF Resident Representative in Armenia, during an event on the fund's report "Caucasus and Central Asia: Economic Outlook and Policy Challenges".  In this context, he noted that according to the IMF and the Central Bank of Armenia, real estate prices in the country could be 30% lower.

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Armenia`s real estate market is
 Thursday, September 12 2024 19:34

ArmInfo. Armenia's real estate market may grow significantly by the end of the year. These estimates were shared by Arsen Avetisyan, the founder of the Armenian  Association of Real Estate Agents, during a press conference on  September 12.

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Foreigners` transactions on buying and selling property reduced in Armenia
 Tuesday, July 23 2024 16:49

ArmInfo. In Armenia, in the  first half of 2024, foreign citizens completed 1,737 real estate  purchase and sale transactions, which is 21.8% lower than a year ago.   Moreover, of the total number of transactions, the share of  transactions made by foreigners accounted for 6.4% (versus 9.4% a  year earlier). This is evidenced by the data of the RA State  Committee for Real Estate Cadastre.

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Land purchase and sale transactions in regions of Armenia increased by 12.7%
 Tuesday, July 23 2024 16:32

ArmInfo.Prices for apartments  in the regions of Armenia increased by 15% annually, and by 6.4% over  six months, amounting to an average of 144.8 thousand AMD/1 sq.m.  in  the first half of 2024. This is evidenced by data from the State  Committee of the Real Estate Cadastre of Armenia.

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4.1% rise in housing prices in Yerevan in first half of 2024
 Tuesday, July 23 2024 14:16

ArmInfo. Average market value of  real estate in apartment buildings in Yerevan in the first half of  2024. amounted to 458.1 thousand drams/1 sq.m., with annual and semi-  annual growth of 11.4% and 4.2%, respectively. This is evidenced by  data from the State Committee of the Real Estate Cadastre of Armenia.

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Armenia`s government enlarges list of beneficiaries of housing  programme in border regions 
 Thursday, June 27 2024 15:58

ArmInfo.At a meeting on June 27, the Government of Armenia introduced changes to the program to  ensure affordable housing for residents of the country's border regions.

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Cadastre: apartments have risen in price by 12.9% over year in  Yerevan, with purchasesale transactions increasing by 39.8%
 Monday, April 29 2024 18:26

ArmInfo.The average market value of real estate of apartment buildings in Yerevan was 457.3 thousand drams/1 sq.m., in Q1 2024, 12.9% higher than the year-ago figure, according to the  data from the State Real Estate Cadastre  Committee.

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60% of land purchase and sale transactions in regions of Armenia in  2023 were land ones
 Thursday, January 25 2024 21:41

ArmInfo. The average market price of apartments in the regions of Armenia in 2023 increased by  13.4%, amounting to 130.8 thousand AMD/1 sq.m.

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Apartments in Yerevan have risen in price by 10.3% over year
 Thursday, January 25 2024 21:40

ArmInfo. At the end of 2023, the average market value of real estate in apartment buildings in  Yerevan increased by 10.3% year-on-year, amounting to 425.3thousand AMD/1 sq.m.  According to data from the State Committee of the Real Estate Cadastre of the Republic of Armenia, the highest prices for  apartments in Yerevan are traditionally held by the Kentron (Center) community - on average 837.7 thousand AMD/1 sq.m. (y-o-y growth of 13.5%).

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State Revenue Committee of Armenia clarifies issues related to real  estate rental
 Wednesday, January 24 2024 16:28

ArmInfo. The State Revenue Committee of Armenia has provided clarifications on issues related to  real estate rental due to the new legislative reforms on declaration of property and payment of income tax on rentals that came into force on December 1, 2023.

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Unified real estate register to be established in Armenia
 Tuesday, January 9 2024 18:12

ArmInfo.A unified real estate register will be established in Armenia. This was announced on  January 9 at a press conference by the head of the Cadastre Committee Suren Tovmasyan.

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Cadastre: Along with 9.4% increase of apartment prices in capital  over year, sale-purchase transactions decreased by 21.6%, and rental  transactions increased by 15.1%
 Friday, December 8 2023 15:06

ArmInfo.Average market value of real estate in apartment buildings in Yerevan amounted to  429.2 thousand AMD/1 sq.m. in Q3 2023, which is 9.4% higher than the year-ago figure, with a quarterly increase of 3%, according to the data from the State Real Estate Cadastre Committee.

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Armenia increases budget of  servicemen`s housing provision program  with preferential mortgages
 Thursday, December 7 2023 15:15

ArmInfo.Chaired by Prime Minister Nikol Pashinyan, a regular Cabinet meeting took place today,  the press service of the RA Government reports.

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Forced migrants from Artsakh, can benefit from state program  supporting housing construction in border villages of Armenia, after  acquiring RA citizenship
 Wednesday, November 29 2023 01:02

ArmInfo.Deputy Minister of Labor and Social Affairs Davit Khachatryan and Press Secretary of the  Minister of Labor and Social Affairs Zaruhi Manucharyan presented the progress of the support provided by the Government to our compatriots forcibly displaced from Nagorno-Karabakh during the briefing held at  the "Humanitarian Center".

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Armenia`s authorities phasing out income tax reimbursement programme  for mortgage loans
 Friday, November 17 2023 12:02

ArmInfo.Armenia's authorities are phasing out the income tax reimbursement programme for mortgage  loans Armenia's Minister of Finance Vahe Hovhannisyan said the government  proposes narrowing the territorial and time frames. 

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State Revenue Committee to establish control in real estate rental  market
 Wednesday, September 27 2023 15:55

ArmInfo. The State Revenue Committee (SRC) intends to establish control in the real estate  rental market in order to bring this segment out of the shadows.  Deputy Chairman of the SRC Karen Tamazyan stated during a meeting of  the Standing Committee on Economic Affairs on September 27.

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Foreigners made 2,223 real estate purchase and sale transactions in  Armenia in H1 2023
 Monday, August 14 2023 13:42

ArmInfo.Foreign citizensmade 2.223 real estate purchase and sale transactions in Armenia in  the first half of 2023, which is 8.9% lower than a year ago. At the  same time, 9.4% of the total number of transactions were made by  foreigners (against 9% a year earlier), according to the data of the  RA State Committee for Real Estate Cadastre.

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9.3% rise in market average price for apartments in Yerevan in first  half of 2023
 Saturday, August 12 2023 20:25

ArmInfo. In the first half of 2023, a 9.3% rise in the market average price for apartments in  residential buildings was recorded in Yerevan as compared with the first half of 2022, up to AMD 411,100 per 1sq. meter, with a 4% price rise recorded this January-June against 14.6% and 7.9% respectively. 

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Foreigners` transactions on buying and selling property  reduced in  Armenia
 Monday, May 15 2023 18:45

ArmInfo.1,024 real estate purchase and sale transactions were made by foreign citizens in  Armenia, in Q1 2023, which is 2.1% lower than a year ago. Moreover, 9.4% of the total number of transactions were made by foreigners (against 8.6% a year earlier). Usually, the number of foreigners  selling real estate in Armenia prevails over the number of buyers. This is evidenced by the data of the RA State Committee for Real Estate Cadastre.

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In Yerevan, real estate market activity is declining, but prices  continue to rise
 Monday, May 15 2023 18:44

ArmInfo.The average market value of real estate in multi- apartment buildings in Yerevan in Q1  2023 amounted to 405.2 thousand drams / 1 sq.m., which is higher by 10.6%, than the same period in 2022, with a quarterly growth of 1.8% alone. This is evidenced by the data of the State Committee for Real Estate Cadastre.

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