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Studies

Studies of Armenia's property market on our own data, with maps and charts. Every number carries the date it was measured.

Government House on Republic Square under a cloudy skyThen and now

Republic Square turns 100: what $100,000 buys at each step away from it

The centenary of the start of the square's construction is on UNESCO's calendar. We looked at how much flat the same money buys 500 m, 1, 2 and 5 km away from it.3 min read
Traffic on Hrachya Acharyan Street in Avan: cars, a lorry and a yellow minibus between five-storey blocks of flatsBehind the news

A new road for Avan: Acharyan Street today, in numbers

Yerevan plans a road of about 3.6 km along the old railway line to take traffic off Acharyan Street. We looked at the flats for sale along the street: how far they are from the metro and what sellers ask.4 min read
Abovyan from above: apartment blocks, a tree-lined avenue and a church, mountains in the distanceMarket pulse

The mortgage tax refund ends on 1 January in the four marzes around Yerevan: what flats cost there

From 2027, new mortgages in Aragatsotn, Ararat, Armavir and Kotayk no longer get income tax back on their interest. We looked at what flats are listed for in Abovyan, Vagharshapat and nearby towns today, and where new buildings actually are.5 min read
The underground hall of Barekamutyun station, with marble columns and a relief on the end wallBehind the news

A metro station for Ajapnyak: who would live near the metro

Of the 826 flats offered for sale or rent in Ajapnyak over the last 30 days, none is within 800 m of the metro. With the new station, about one in four would be.4 min read
Green slopes of the Hrazdan gorge in Yerevan, with a water channel, Victory Bridge and Mount Ararat in the distanceBehind the news

The Hrazdan gorge is now a protected landscape: what lies inside its 268 hectares

The city council made the gorge a protected area, but we have not found a published boundary yet. Using the master plan, we looked at how much land it covers, in which districts, and what flats next to it are listed for.5 min read
Central Gyumri from above: tuff stone houses, red and silver roofs and mountains in the distanceA community in numbers

What a flat costs outside Yerevan: prices in 12 towns

In Gyumri a square metre of a flat is listed at about 41% of the Yerevan price. We looked at sale listings in 12 towns: what sellers ask per square metre and for a whole flat, and how much space the same money buys in different places.5 min read
Areni in Vayots Dzor: bare, dry rock slopes and a small stone church above a green village with orchards and gardensBehind the news

Her-Her water for Vayots Dzor: how the land it could reach is recorded

The government is discussing a pipeline from the Her-Her reservoir that could irrigate about 2,440 ha in 12 settlements. We looked at how the farmland there is recorded and how much precipitation it gets.5 min read
Cows and sheep grazing on a green field below the snowy peaks of Aragats, Aragatsotn provinceNature in numbers

Armenia's highest land plot: a 3,206-hectare pasture on Aragats that climbs to about 4,065 m

Of the 2.5 million plots in Armenia's land register, one community pasture on the slopes of Aragats reaches highest: from about 2,284 m at its lower edge to about 4,065 m at the top. We measured it with one terrain model and checked it with another.4 min read