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TENSION CONCERNING SYRIA, IRAN COULD INCREASE ARMENIA'S REAL ESTATE PRICES?
NEWS.am
January 17, 2012 | 14:18
YEREVAN. - Because of the escalating tension with respect to Syria and
Iran, those countries' Armenians have begun showing interest toward
Armenia, and they acquire real estate, if possible, Akcern Real Estate
Company President Hakob Baghdasaryan said during a press conference on
Tuesday.
As per Baghdasaryan, 10-15 percent of Armenia's current realty
purchases are carried out by these Armenians, and the latter primarily
prefer the capital Yerevan.
In his turn, chairman Gagik Makaryan of the Republic Union of
Employers of Armenia said that, in case of force majeure events or
circumstances, coming to Armenia is more convenient for the residents
of Iran because of the easy access and the lower real estate prices,
in comparison with Europe. And as a result of stricter emigration
policies in European countries, the Syrian Armenians could primarily
prefer coming to Armenia, too.
Gagik Makaryan also predicted that the realty prices in Yerevan would
go down in the coming months, in connection with the elections, since
the country's business activity reduces during the election processes.
NEWS.am
January 17, 2012 | 14:18
YEREVAN. - Because of the escalating tension with respect to Syria and
Iran, those countries' Armenians have begun showing interest toward
Armenia, and they acquire real estate, if possible, Akcern Real Estate
Company President Hakob Baghdasaryan said during a press conference on
Tuesday.
As per Baghdasaryan, 10-15 percent of Armenia's current realty
purchases are carried out by these Armenians, and the latter primarily
prefer the capital Yerevan.
In his turn, chairman Gagik Makaryan of the Republic Union of
Employers of Armenia said that, in case of force majeure events or
circumstances, coming to Armenia is more convenient for the residents
of Iran because of the easy access and the lower real estate prices,
in comparison with Europe. And as a result of stricter emigration
policies in European countries, the Syrian Armenians could primarily
prefer coming to Armenia, too.
Gagik Makaryan also predicted that the realty prices in Yerevan would
go down in the coming months, in connection with the elections, since
the country's business activity reduces during the election processes.