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During Last 5 Years Number Of Operations With Real Estate In Armenia

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  • During Last 5 Years Number Of Operations With Real Estate In Armenia

    DURING LAST 5 YEARS NUMBER OF OPERATIONS WITH REAL ESTATE
    IN ARMENIA HAS ALMOST TRIPLED

    YEREVAN, FEBRUARY 8. ARMINFO. During the last 5 years the number of
    operation with real estate in Armenia has almost tripled, reaching
    98,345 in 2004.

    ARMINFO was informed in the press office of the State committee of
    cadastre of real estate, in 2000 number of deals with realty totaled
    33,233, in 2001 - 44,792, in 2002 - 60,874, in 2003 - 71,797 deals.
    98,345 deals with real estate were registered in 2004, their number
    increased by 37% as against 2003. The monthly growth made up in
    average 2.6%. The lion's share of the bargains (38.4%) falls to
    apartments. 44.4% of the deals are registered in Yerevan. Out of
    the total number of the deals with real estate 41.5% (40,793) are
    amortization, 16.7% - primary registration, 9.3% - rent, 7.8% - pledge,
    0.4% - privatization, 8.6% - inheritance and 15.7% - other types.

    As compared to 2003 in 2004 the total number of deals on amortization
    increased by 27.2%. In the period under review out of 14,546 deals
    on purchase and sale of apartments were registered in Yerevan. This
    showing has increased by 2.8% as compared with the indicator of
    last year.

    From: Emil Lazarian | Ararat NewsPress
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