Foreigners` transactions on buying and selling property reduced in Armenia Tuesday, July 23 2024 16:49:00
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 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. |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
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%). >>> |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
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". >>> |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
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. >>> |
Monday, April 3 2023 13:18
ArmInfo.The State Revenue Committee (SRC) of Armenia proposes amendments to the Tax Code of the Republic of Armenia, which will allow attracting apartments, residential buildings and land plots that are idle to the rental market, reduce the amount of rent, and also oblige to officially record the fact of leasing for the purpose of further paying taxes. The initiative is presented for public discussion on a single portal of legal acts. >>> |
Thursday, February 2 2023 13:05
ArmInfo. Armenia's Minister of Economy Vahan Kerobyan held a meeting with representatives of Armenia's banks to discuss draft amendments to the Ra Civil Code. The draft deals with replacement of money transfers to developers' special accounts with letters of credit. >>> |
Monday, November 28 2022 16:25
ArmInfo. The income received from renting real estate is subject to taxation, the State Revenue Committee of Armenia (SRC) reminded. >>> |
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