Buying a property in Armenia is really very pleasant and the prices are very suitable. To buy an apartment in Yerevan is possible both in the modern buildings and in the old quarters of the city. In the armenian real estate market of greatest demand are the apartments in the center of the city and in the main resort of Armenia – lake Sevan. A promising purchase of a property may also be in Gyumri and Vanadzor.
The advantages of buying a property in Armenia are:
1. The good climate
2. Pofitable property prices
3. Guarantees of analysts regarding the further growth of property prices
By law, a foreigner is not allowed to own a land in Armenia, he/she is allowed only to be a legal renter of a land or simply buy housing. The whole process of the real estate registration takes over a week: first of all you need to have your passport translated into armenian, as this is the required registration form by the Real Estate Cadastre of the Republic of Armenia. Moreover, a copy of the passport needs to be certified by a notary to have a legal document.
Then, together with the seller you need to go to the notary and and hand the owner the full sum for the property, as well as form a purchase contract. After all, your purchase is finalized in real estate cadastre, and you become the owner of the property in Armenia.
Armenian real estate agency “Yerkir” provides realty services, legal support, draw documents for purchase, sale, rent of housing and commercial estate.
Owning a database which is being updated daily with the new information, we make easier your concerns.
The advantages of buying a property in Armenia are:
1. The good climate
2. Pofitable property prices
3. Guarantees of analysts regarding the further growth of property prices
By law, a foreigner is not allowed to own a land in Armenia, he/she is allowed only to be a legal renter of a land or simply buy housing. The whole process of the real estate registration takes over a week: first of all you need to have your passport translated into armenian, as this is the required registration form by the Real Estate Cadastre of the Republic of Armenia. Moreover, a copy of the passport needs to be certified by a notary to have a legal document.
Then, together with the seller you need to go to the notary and and hand the owner the full sum for the property, as well as form a purchase contract. After all, your purchase is finalized in real estate cadastre, and you become the owner of the property in Armenia.
Armenian real estate agency “Yerkir” provides realty services, legal support, draw documents for purchase, sale, rent of housing and commercial estate.
Owning a database which is being updated daily with the new information, we make easier your concerns.
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