Buying Property in Yerevan 2026 — Price Guide & Top Neighbourhoods

A complete guide to buying an apartment in Yerevan: current prices by neighbourhood, the legal process, costs and tips for foreign buyers.

Yerevan Property Market in 2026

Yerevan's real estate market has grown significantly in recent years. A surge of immigration from Iran, Russia and European countries has boosted demand and driven up prices, though they remain very competitive compared to European cities.

Apartment Prices by Neighbourhood

DistrictPrice (USD/m²)Character
Kentron (Centre)$1,800–2,500Best location, high rental yields
Arabkir$1,200–1,800Family-friendly, quiet
Malatia$900–1,400Affordable, developing area
Davitashen$800–1,200Budget-friendly, good investment

Steps to Buy Property

  1. Select property and agree on price
  2. Legal due diligence on title documents
  3. Sign preliminary contract and pay deposit (10%)
  4. Transfer remaining purchase amount
  5. Register title transfer at the Armenian Cadastre

Pasargad Yerevan services

Contact Pasargad Yerevan

Nairi Zaryan, Building 74B, Yerevan, Armenia

Phone: +374 77 890 948