Investment Property in Armenia

Investment Real Estate in Armenia

Armenia property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Armenia and LATAM .

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Searchable Map of Armenia Investment Real Estate

Armenia (; Armenian: Հայաստան, romanized: Hayastan, IPA: [hɑjɑsˈtɑn]), officially the Republic of Armenia, is a landlocked country located in the Armenian Highlands of Western Asia. It is a part of the Caucasus region; and is bordered by Turkey to the west, Georgia to the north, the Lachin corridor under a Russian peacekeeping force, and Azerbaijan to the east, and Iran and the Azerbaijani exclave of Nakhchivan to the south.

Armenia is a unitary, multi-party, democratic nation-state with an ancient cultural heritage. The first Armenian state of Urartu was established in 860 BC, and by the 6th century BC it was replaced by the Satrapy of Armenia. The Kingdom of Armenia reached its height under Tigranes the Great in the 1st century BC and became the first state in the world to adopt Christianity as its official religion in the late 3rd or early 4th century AD. The official date of state adoption of Christianity is 301. The ancient Armenian kingdom was split between the Byzantine and Sasanian Empires around the early 5th century. Under the Bagratuni dynasty, the Bagratid Kingdom of Armenia was restored in the 9th century. Declining due to the wars against the Byzantines, the kingdom fell in 1045 and Armenia was soon after invaded by the Seljuk Turks. An Armenian principality and later a kingdom Cilician Armenia was located on the coast of the Mediterranean Sea between the 11th and 14th centuries.

Between the 16th and 19th centuries, the traditional Armenian homeland composed of Eastern Armenia and Western Armenia came under the rule of the Ottoman and Persian empires, repeatedly ruled by either of the two over the centuries. By the 19th century, Eastern Armenia had been conquered by the Russian Empire, while most of the western parts of the traditional Armenian homeland remained under Ottoman rule. During World War I, 1.5 million Armenians living in their ancestral lands in the Ottoman Empire were systematically exterminated in the Armenian Genocide. In 1918, following the Russian Revolution, all non-Russian countries declared their independence after the Russian Empire ceased to exist, leading to the establishment of the First Republic of Armenia. By 1920, the state was incorporated into the Transcaucasian Socialist Federative Soviet Republic, and in 1922 became a founding member of the Soviet Union. In 1936, the Transcaucasian state was dissolved, transforming its constituent states, including the Armenian Soviet Socialist Republic, into full Union republics. The modern Republic of Armenia became independent in 1991 during the dissolution of the Soviet Union.

Armenia is a developing country and ranks 81st on the Human Development Index (2018). Its economy is primarily based on industrial output and mineral extraction. While Armenia is geographically located in the South Caucasus, it is generally considered geopolitically European. Since Armenia aligns itself in many respects geopolitically with Europe, the country is a member of numerous European organizations including the Council of Europe, the Eastern Partnership, Eurocontrol, the Assembly of European Regions, and the European Bank for Reconstruction and Development. Armenia is also a member of certain regional groups throughout Eurasia, including the Asian Development Bank, the Collective Security Treaty Organization, the Eurasian Union, and the Eurasian Development Bank. Armenia supports the de facto independent Artsakh, which was proclaimed in 1991. Armenia also recognises the Armenian Apostolic Church, the world’s oldest National church, as the country’s primary religious establishment. The unique Armenian alphabet was created by Mesrop Mashtots in 405 AD.

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The increasing financial and political stability of Armenia has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Armenia

Renting out your Armenia buy-to-rent out investment property can grow wealth and income.

Whatever your goals with investment property in Armenia are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Armenia and be prepared to change your initial outlook.
Thoroughly research the Armenia location with a special emphasis on fringe areas outside the main Armenia metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Armenia.
Ensure that your target investment property in Armenia appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
You may think that managing your Armenia properties yourself is an easy option, but are these savings justifiable when you run into Armenia red tape? Physis Realty Armenia office in downtown Armenia provides you with peace-of-mind and leaves you time to plan your next move in the growing Armenia buy-to-rent sector.

With our expert guidance, investing in Armeniaprovides the secure knowledge that your money is working harder than it would in a local Armenia bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Armenia, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Armenia property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Armenia

Flipping property in Armenia

Flipping property is when we advise clients to buy a Armenia property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Armenia market has a time to react to the renovation.

The Flipping Strategy in Armenia

Investment property flipping in Armenia is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Armenia real estate investments are sometimes referred to by professionals as ‘distressed’ Armenia real estate.

What is distressed Armenia property:

Armenia property in need of renovation
Armenia real estate with a change of purpose and use
Oversold Armenia property
Bank repossessions in Armenia

Put simply, long term investors in Armenia purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Armenia investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Armenia property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Armenia use a minimum profit value of 22% when looking at potential Armenia projects. The reason for this is because there are lots that can go wrong in Armenia property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Armenia

For luxury property investors hoping to add a superb property in Armenia to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Armenia, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Armenia should be entrusted to only the highest-quality agency.

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