Rental Yields in Armenia are Good to Excellent

  Last Updated: Sept. 19, 2022
YEREVAN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Arabkir  
Studio €71,775 €586 9.80%
1-Bedroom €103,950 €842 9.72%
2-Bedroom €133,650 €891 6.26%
3-Bedroom €173,250 €1,188 8.23%
Center  
Studio €118,800 €693 7.00%
1-Bedroom €148,500 €990 8.00%
2-Bedroom €227,700 €1,188 6.26%
3-Bedroom €311,850 €1,485 5.71%
Yerevan avg. Rental Yields 7.84%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Gross rental yields in Yerevan range from 5.71% to 9.80% with a city average of 7.84%. Yerevan overall has excellent rental returns, city center produces slightly lower yields than Arabkir.

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