In 2010, Armenia began to buy more real estate

09.02.2011 09:31
2010 real estate market of Armenia was registered a significant increase in transactions and a stable price fluctuations on the basis of which the number of transactions amounted to 173,983, which more than in 2009 to 12.6% or 19,521 deal.

This is stated in the annual analysis of the real estate market, published by the State Committee of Real Property Cadastre of RA. For services rendered has been received 3,264.3 million drams, against the stipulated 2,795 million (16,8%). In addition, the positive difference of expenditure and income received in the budget amounted to 539.6 million drachmas.

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In this case, according to the source, the growth of transactions in Yerevan in 2010 compared to 2009 was 4,9%, or 2,604, and in regions of the country - 16,7%, or 16,917 transactions. It should be noted that in 2010 27,4% of all deals were concluded in respect of tenement buildings, which amounted to 173,983 units.

In this case, 32% of all transactions in the capital. A significant proportion of falls on disposals - 26,1%. In 2010, out of 45,353 transactions for the disposal of 80.2% was the deal for buying and selling, 18,9% - the deal drawn up as gifts, and 0,9% - swap deal. 38.1% of transactions for the disposal has to Yerevan, and 37,4% - a high-rise apartment houses. Thus, the number of transactions on alienation in 2010 compared to 2009 increased by 8,6%.

In 2010, in Yerevan from 13,119 transactions on purchase and sale of 65,8% was recorded in relation to the apartments of apartment buildings, an increase compared to the year 2009 amounted to 12,8%.

Budgetary funds under the direction of the Committee was implementation of 8 projects. Including work on the formation of the tax bases of the tax on land and property which are recognized priority for 2011-2013.

In 2010 and appropriate changes were made in the decision "On approval of rules for provision of information, a unified real estate cadastre RA, that allowed to provide information to state structures of inventory data on the property for free.

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Content tags: Overseas property
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