Apartments in Yerevan Grew in Value by 7.2% in 2018

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June 8, 2019 in Real Estate (Armenia)

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Apartment Prices in Armenia

Apartments in Yerevan Grew in Value by 7.2% in 2018

The average market price of one square meter of living space in multi-apartment buildings in Yerevan increased by 7.2% in 2018, according to the report of the Real Estate Cadastre Committee of Armenia.

The highest prices were registered in the capital's Central district - 529,200 AMD/sq. m., while the the lowest were in Nubarashen - 165,400 AMD/sq.m.

The average cost per square meter of living space in Armenia's regions increased by 26.6%. The highest prices were recorded in the ski resort town of Tsakhkadzor (285,000 AMD/sq.m), while the the lowest - in Dastakert (19,300 AMD/sq.m). According to the Results of 2018, Housing Prices in Apartment Buildings Increased Significantly in Armenia, ARKA (Feb. 7, 2019) (in Russian).

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