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Some 16,000 Real Estate Transactions Registered In Armenia In August

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  • Some 16,000 Real Estate Transactions Registered In Armenia In August

    SOME 16,000 REAL ESTATE TRANSACTIONS REGISTERED IN ARMENIA IN AUGUST 2013

    YEREVAN, October 10. /ARKA/. Some 16,100 real estate transactions
    were registered in Armenia in August 2013 - it is 6.5% less than in
    July 2013, but 1.5% more than in August 2012, the Armenian State Real
    Estate Cadastre reports.

    Yerevan accounted for the largest number of immovable property deals,
    which made up 40.9% of the total number of real estate transactions
    registered in the country in August 2013, and Vayots Dzor province
    for the smallest number, which constituted 1.6% of the total number.

    According to the report 13.2% of the total number were registered in
    Kotayk province, 5.6% in Lori, 4.6% in Gegharkunik, 6.6% in Armavir,
    5% in Shirak, 6.9% in Aragatsotn, 8.3% in Ararat, 3.3% in Tavush and 4%
    in Syunik.

    Property alienation transactions made up 28.3% of the total number
    of real estate deals registered in August 2013, primary registration
    transactions 11.4%, heritage-related transactions 11.3%, mortgage
    deals 4.3%, leasing 4.3% and other state registrations 31.7%.

    Remarkable is that no immovable property privatization transactions
    have been registered in Armenia since the beginning of this year.

    ---0---

    18:51 10.10.2013

    http://arka.am/en/news/economy/some_16_000_real_estate_transactions_registered_in _armenia_in_august_2013/

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