Current Trends in Armenia’s Real Estate Market
Economist Suren Parsyan writes that due to the pandemic and the post-war situation, Armenia is witnessing a decline in purchasing power, a phenomenon that is having an impact on the real estate market.
Economist Suren Parsyan writes that due to the pandemic and the post-war situation, Armenia is witnessing a decline in purchasing power, a phenomenon that is having an impact on the real estate market.
Armenia’s parliament recently passed the “Law on the Confiscation of Illegally-Acquired Assets.” It is portrayed as a major anti-corruption measure and according to authorities is aimed at former and current officials.
Are you interested in purchasing a home in Yerevan? If so, Harout Manougian offers some invaluable information and advice and more importantly, tips on how to avoid the inevitable pitfalls in an unregulated real estate market.
EVN Report’s mission is to empower Armenia, inspire the diaspora and inform the world through sound, credible and fact-based reporting and commentary. Our goal is to increase public trust in the media. EVN Report is the media arm of EVN News Foundation registered in the Republic of Armenia in 2017.
SUPPORT INDEPENDANT JOURNALISM