Majority of transactions in Armenian regions involve land sales

 Monday, May 12 2025 17:37:00
Majority of transactions in Armenian regions involve land sales

ArmInfo. The average market price of apartments in the regions of Armenia increased by 12.9% per  annum in the first quarter of 2025, reaching 162.3 thousand drams / 1 sq.m.

Apartment prices in Yerevan rose by 1.5% in a year, with a  corresponding 8.7%  increase in transactions 
 Monday, May 12 2025 16:04

ArmInfo.  In the first quarter of 2025, the average market price of real estate in apartment buildings in Yerevan increased by 1.5%, reaching an average of 464.3 thousand drams / 1 sq. m.

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Order of cadastral evaluation of municipal lands discussed in Armenia 
 Friday, March 28 2025 11:11

ArmInfo. The procedure for cadastral valuation of municipally owned lands was the subject of discussions held at the first meeting of the interdepartmental  working group established by the decision of RA Prime Minister Nikol  Pashinyan.

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Armenia`s parliamentary opposition calls for refraining from further property tax rise, government rejects proposal
 Thursday, March 13 2025 12:30

ArmInfo. The parliamentary opposition proposes that the Armenian authorities refrain from another increase in real estate tax by approximately 30% from January 1, 2026 for real estate with a taxable base of less than 200 million drams.

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In 2024, foreigners purchased only 2.7% of real estate
 Wednesday, February 19 2025 19:56

ArmInfo. In 2024, foreign citizens made 3,892 real estate purchase and sale transactions,  accounting for 6.7% of the total volume of transactions. According to data from the State Committee of Real Estate Cadastre of the Republic of Armenia, the volume of transactions by foreigners decreased by  13.1% compared to the previous year.  The most active buyers and sellers of real estate in Armenia are citizens of the Russian Federation, the USA, Iran, several European countries and the CIS.

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Real estate prices to remain unchanged in Armenia in 2025 
 Wednesday, February 12 2025 13:04

ArmInfo.  According to the results of 2024, the secondary real estate market was more passive, both in terms of transactions and in value terms, compared to 2022 and 2023. This was noted in an interview with an ArmInfo correspondent by the founding member of the Council of the Association of Real Estate Agencies of Armenia, director of the real estate agency "Kolibri" Rustam Grigoryan. At the same time, he noted  that the primary market of Yerevan maintained its pace in 2024 thanks to the mechanism for the return of income tax on mortgage loans. From this year, the latter will be available only in the regions of the country.

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More than 3-fold increase in number applicants for real estate lease  in 2024 
 Wednesday, January 22 2025 12:35

ArmInfo. In Armenia, in 2024, compared to 2023, the number of citizens who applied for real estate for rent increased more than threefold. This was stated by the Chairman of the State Revenue Committee (SRC) Eduard Hakobyan on the air of Public Television.

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Cadastral map in Kirants changed: Suren Tovmasyan refrains from  commenting on delimitation commission`s actions 
 Tuesday, January 7 2025 15:58

ArmInfo. Cadastral maps don't serve as the primary source for determining the borders of the Republic of Armenia, as stated by Suren Tovmasyan, the head of the  Cadastre Committee, at the final press conference on January 7, when  addressing concerns about potential issues with cadastral maps for  residents of Voskepar and Baghanis villages in the Tavush region  during the delimitation process.  According to Tovmasyan, he does not  have information about any potential changes in the Voskepar-  Baghanis section.

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Housing transactions in Armenia increased by about 13%
 Tuesday, January 7 2025 15:00

ArmInfo.There was a roughly 13% increase in real estate transactions in Armenia in 2024, as stated by Suren Tovmasyan, the head of the Cadastre Committee, at the final  press conference on January 7.

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Eletctronic presentation of urban design documents to be introduced  in Armenia 
 Tuesday, December 10 2024 17:12

ArmInfo. From January 2025, the process of providing urban planning documentation in all regions of Armenia and in Yerevan will be carried out exclusively  electronically through the Urban.e-gov.am platform. This was recalled  in a statement by the Urban Development Committee of the Republic.

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Expert: We expect a drop in real estate sales, but a rise in  construction activity due to ongoing momentum
 Tuesday, December 10 2024 16:13

ArmInfo. We called this  year Black Friday, because everyone had good sales rates, but now we  are already gearing up for the challenges of next year. This was  stated by Armen Sakapetoyan, a board member of the NGO , during a conversation with journalists on  December 10 at an event dedicated to the construction sector's  year-end results.

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

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.

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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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