Market Intelligence

City-level indices, liquidity heatmaps, and macro signals for Armenia.

City growth comparison

Macro signals

  • FX

    AMD stable vs USD basket

  • Demand

    Inbound diaspora + tech relocation

  • Supply

    New-build pipeline elevated in Kentron

  • Legal

    Escrow adoption rising QoQ

City intelligence

  • Yerevan

    Kentron / Arabkir / Northern Ave

    BUY

    AMD 712,000 / m²

    +11.2% · yield 6.8% · liquidity 92

  • Dilijan

    Tavush · resort belt

    BUY

    AMD 485,000 / m²

    +14.8% · yield 5.4% · liquidity 71

  • Sevan

    Gegharkunik · lake corridor

    HOLD

    AMD 398,000 / m²

    +12.6% · yield 7.1% · liquidity 64

  • Tsaghkadzor

    Kotayk · alpine resort

    HOLD

    AMD 540,000 / m²

    +10.3% · yield 6.2% · liquidity 68

  • Gyumri

    Shirak · secondary city

    WATCH

    AMD 265,000 / m²

    +8.1% · yield 8.4% · liquidity 55