Tweet
THIS YEAR REAL ESTATE PRICES IN ARMENIA WILL STAY UNCHANGEABLE
Stock Markets Review
http://www.stockmarketsreview.com/realestate/2011/08/31/this-year-real-estate-prices-in-armenia-will-stay-unchangeable/
Sept 1 2011
"Till the end of this 2011 year there would not be any changes in
the Armenian real estate prices", announced the executive director
of the Association of Mortgage Market Participants Edward Oremyan.
As to him, nowadays the demand for the real estate in Armenia is high
enough, but the further development of the real estate market depends
mainly on the improved demand of customers. Mr. Oremyan also mentioned
that the level of solvency of Armenian population has not increased,
which has a direct impact on the Armenian real estate market.
According to the State Real Estate Cadastre, the number of real estate
transactions recorded in the first quarter of 2011 year increased on
an annual basis by almost 28% to 36.499$. The rising of the prices
for the quarter ranged from 1.5-3% depending on location. Hence,
according to the inventory, the average prices of the metropolitan
housing in a tower block set at the level 271.000 AMD per sq.m and
in private housing -281.000 AMD per sq.m. In regions the highest
prices of houses have been established in cities such as Abovyan and
Vagharshapat (starting from 160.000 AMD per sq.m), Ashtarak, Goris
and Ijevan (nearly 140.00 AMD per sq.m). This year the most active
region came to be Kotayk with 14% of the total number of transactions.
"Yerkir" real estate agency is engaged in a realtor activity in
Armenia. We provide realty services, legal support, draw documents
for purchase, sale, rent of housing and commercial estate.
Our company is founded in 2004 and worthy stands as one of leading
players among the professional realtor companies in Yerevan. Our
company's specialists have more than 10 years experience in real
estate market. High qualification of our experts guarantees the
operative solution of our clients' problems of any complexity.
Our company is one of the founders of Association of realtors of
Armenia. Membership in Association trust of our clients, strengthens
its authority in the real estate market. We have excellent reputation
among partners and clients, and we are proud of our professionalism.
We have certificates on all kinds of realty services in the territory
of Armenia. Certificate (Ð~PÐ"â~D-0487) is granted by Certification
Agency of broker services.
Stock Markets Review
http://www.stockmarketsreview.com/realestate/2011/08/31/this-year-real-estate-prices-in-armenia-will-stay-unchangeable/
Sept 1 2011
"Till the end of this 2011 year there would not be any changes in
the Armenian real estate prices", announced the executive director
of the Association of Mortgage Market Participants Edward Oremyan.
As to him, nowadays the demand for the real estate in Armenia is high
enough, but the further development of the real estate market depends
mainly on the improved demand of customers. Mr. Oremyan also mentioned
that the level of solvency of Armenian population has not increased,
which has a direct impact on the Armenian real estate market.
According to the State Real Estate Cadastre, the number of real estate
transactions recorded in the first quarter of 2011 year increased on
an annual basis by almost 28% to 36.499$. The rising of the prices
for the quarter ranged from 1.5-3% depending on location. Hence,
according to the inventory, the average prices of the metropolitan
housing in a tower block set at the level 271.000 AMD per sq.m and
in private housing -281.000 AMD per sq.m. In regions the highest
prices of houses have been established in cities such as Abovyan and
Vagharshapat (starting from 160.000 AMD per sq.m), Ashtarak, Goris
and Ijevan (nearly 140.00 AMD per sq.m). This year the most active
region came to be Kotayk with 14% of the total number of transactions.
"Yerkir" real estate agency is engaged in a realtor activity in
Armenia. We provide realty services, legal support, draw documents
for purchase, sale, rent of housing and commercial estate.
Our company is founded in 2004 and worthy stands as one of leading
players among the professional realtor companies in Yerevan. Our
company's specialists have more than 10 years experience in real
estate market. High qualification of our experts guarantees the
operative solution of our clients' problems of any complexity.
Our company is one of the founders of Association of realtors of
Armenia. Membership in Association trust of our clients, strengthens
its authority in the real estate market. We have excellent reputation
among partners and clients, and we are proud of our professionalism.
We have certificates on all kinds of realty services in the territory
of Armenia. Certificate (Ð~PÐ"â~D-0487) is granted by Certification
Agency of broker services.