Land for sale near Yerevan, ARMENIA - investment opportunity (2023)

Land for sale near Yerevan, ARMENIA!

Great view on Holy Mount Ararat and Yerevan!

Distance from Yerevan: ~9 km

Total area: ~7.5 hectares (74,767 sq. m.)

Price: USD 154,000

A 74,767 sq.m. land segment (Land) within 9 km from Yerevan is on sale now! The Land is 3 km far from Yerevan-Ashtarak highway, one of Armenia’s major international highways. This highway connects Yerevan, the Capital of Armenia with other big cities, as well as with Tbilisi, the Capital of Georgia.

Major part of the Land area is flat. It Land has a great view on Holy Mount Ararat.

(Video) Armenia Citizenship by Investment with $150,000 in Real Estate

The Land is a private property. All legal documents are available.

This land is classified as agricultural and can be used for any agricultural or related activities, including agro tourism, tent city or leisure zone without any additional permission or charge. It can also be a great orchard (of apricot, peach, apple, quince, grapes etc.), greenhouse or a farm.

Permission for heavy construction on this Land, including Land’s usage purpose change, can be gained through an application to the corresponding government bodies and paying fees for land’s category change.

The area can be used for a variety of other purposes, including:

  1. As an excellent investment, as this Land has great potential for price increase. At a distance of 9 km, prices are 100-1000 times higher in Yerevan, and this huge price difference will gradually decrease, mainly due to the increase in Land prices.
  1. For intensive farming, cultivation / production of high-value crops and other natural products, in particular asparagus (Aspáragus / Asparagus), leeks (Alllum porrum L.), sweet corn, etc.
  1. Construction of a large livestock farm for highly productive livestock breeding, including rabbit breeding, breeding of turkeys, ostriches, chinchillas, etc..
  1. The Land is very suitable for organic farming, as for many years almost no chemical fertilizers or pesticides have been used here and the adjacent areas, and there is no production or harmful substances in the area, which can greatly facilitate the process of organic certification.
  1. For traditional agricultural purposes, to plant walnut, apple, apricot, vineyard or other orchards, or to create a greenhouse, for droughts, vegetable crops, corn or other purposes.
  1. To establish an ordinary livestock complex, as it is already sown on about 6 hectares, alfalfa is grown as fodder. By the way, the cultivation of alfalfa can be continued separately for the purpose of sale, but other programs will be implemented in parallel.
  1. It is a very convenient place to build a winery or cannery.
  1. It is a great place for a recreation area and a large complex of hospitality, as the area is not polluted, there are no facilities, it can be said that the area is in a "virgin" area, although it is so close to Yerevan.
  1. To build a large solar power plant.
  1. After obtaining the relevant permits, the area can also be used for urban development as a new residential district.
  1. For agritourism and adventure tourism.
  1. For equestrian tourism and other purposes.

Communication and Utilities

There is a country road (no asphalt) to the Land from the highway. This 3 km road now is in a poor condition, but still functioning. Most probably it will be repaired by the Government in the near future to insure bypassing roads for the Capital Yerevan and communication between the communities. Moreover, the Armenian Government is currently implementing North-South Road Pass Investment Project to bring the roads of Armenia to European standards. The project is financed in cooperation with Asian Development Bank. The purpose of the project is to reconstruct the Meghri-Yerevan-Bavra road which crosses the country from North to South connecting Georgia to Iran via Armenia. And this is exactly the same road which is in 3 km distance from the Land. Also there is a railway station in 5 km from this piece of Land.

A channel of irrigation water crosses near by, and irrigation water is available for the whole land area.

(Video) Vineyard | Land for Sale in Armenia

A drinking water pipe can be installed from a water pipe which is near the highway.

There is an electricity line crossing the Land’s upper border. An application shall be submitted to the electricity distribution company to gain permission and set electrical transformer for supplying electricity.

TV, mobile telephone and high speed wireless Internet are available in this area.

Adjacent և nearby structures and developments

About 3 km away is the factory of ARMENIA WINE Company, which is one of the most modern factories in Armenia - the largest exporter of Armenian wines and winner of many international awards. The company also produces high quality brandy and vodka. This giant factory was built in 2008. It is one of the largest and most successful investment projects in independent Armenia.

Another state-of-the-art investment project has been implemented on an area of more than 60 hectares, almost 1 km away, near the land, where the best world-class agricultural technologies are used, including drip irrigation, hail protection nets, automated management systems, energy saving methods and environment protection technologies. This wonderful and successful investment project has been implemented by one of the largest investment and charitable families in Armenia, who have made a huge contribution also in the fields of IT, hospitality industry, financial sector, as well as charity.

About 3 km away is another winery, VAN ARDI Company, which is also known for its quality wines.

(Video) Armenia - A Land of New Opportunities | Deem Communications

Near the land, about 300 meters away, there is a summer house area, where it is estimated that there are more than 400 small summer houses, 500-1000 square meters in size. The construction of several houses has already been completed: The houses are inhabited, but most of the construction is unfinished or has not started. The existence of this small community here is a precondition that the infrastructure in this sector will be developed in the coming years through the joint efforts of the state, local authorities, neighboring businesses and community members.

Principal advantages:

  • Exceptional investment opportunity for capitalization and super profit for the foreseeable future.
  • Location: very close to Yerevan, meanwhile in a clean area.
  • Quality of soil, fertility and the possibility of organic production.
  • Panorama: great View on Holy Mount Ararat.
  • Price: low price in comparison to the lands near the highway (3 km) and in Yerevan (9 km).

Prices near highway: 25 - 50 USD per 1 sq.m.

Prices in Yerevan: 200-2000 USD per 1 sq.m.

Price for the target Land on sale ~ 2 USD!!!

Price of the target Land is about 100 times less than the minimal prices in Yerevan, only 9 km far. Such a big gap cannot sustain long time because the lands in Capital Yerevan and nearby are limited and major urban development is oriented to these areas. Therefore, the current low price can grow rapidly here. And finally a sharp growth of prices is expected here because of current low start base. No doubt that this particular investment opportunity is a golden chance to gain super profit in a short time.

After the pandemic, a new situation has arisen in the world, when people strive to live outside densely populated cities, to have their own house or land plot in pure nature. Businesses have also become more interested in owning their own land for agricultural production, food production, and other purposes, as structural changes in the global economy have caused almost all sectors to decline, but food production has become more important and required. All this has already caused an increase in demand for agricultural land in the world, but this growth will grow more and more.

(Video) Armenia’s New Citizenship by Investment

Principal disadvantages:

Main disadvantage is current poor condition of the 3 km road connecting the Land to the highway. However, this temporary disadvantage may eventually turn into an advantage when the road is repaired and a very nice, quiet place is discovered almost in Yerevan, but in a clean zone with a great panorama.

Catch the moment and take this opportunity!

Tel/Viber/WatApp: +37491402273

e-mail: Այս էլ-փոստի հասցեն ծածկագրված է թափոնափոստի բոթերից։ Այն տեսնելու համար անհրաժեշտ է միացնել JavaScript։

GPS: 40.268744, 44.410830


Can Americans buy property in Armenia? ›

Foreign Ownership of Real Property. Foreigners can be 100% owners of real estate in Armenia: they can acquire, hold, lease, sell, bequest and otherwise dispose of their property on equal basis with locals. Foreigners do not need to have a residence permit or otherwise show any links to Armenia.

How much does it cost to live in Yerevan Armenia? ›

Summary about cost of living in Yerevan, Armenia: Family of four estimated monthly costs are 2,197.9$ (873,723.6AMD) without rent. A single person estimated monthly costs are 615.3$ (244,615.8AMD) without rent. Yerevan is 54.5% less expensive than Seattle (without rent).

Is Yerevan a good place to live? ›

Yerevan, Armenia, is characterized by reasonably priced housing. According to our city rankings, this is a good place to live with high ratings in cost of living, safety and taxation. Yerevan is one of the top ten city matches for 1.7% of Teleport users.
Large apartment$440.00
Small apartment$250.00
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Is a US drivers license valid in Armenia? ›

Driver's licence

In this case you don't even need an International Driving Permit (IDP) for driving in this country. However, in case your license is in a different alphabet, you must have a special notarized translation of your license so you can use it within Armenia.

How long can a US citizen stay in Armenia? ›

U.S. citizens are allowed visa-free entry to Armenia for up to 180 days per year. For visits of longer than 180 days, you must apply for a residency permit through the Armenian Ministry of Foreign Affairs.

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Domestic violence remains a persistent problem. Domestic violence cases are largely underreported. According to official data, during the first six months of 2021, authorities investigated 326 criminal domestic violence complaints.

Is healthcare free in Armenia? ›

Armenian citizens entitled to the Basic Benefits Package receive full coverage with no need to pay fees or subsidized services with the state paying part of the fees but the citizen being obligated to pay for the rest. Most health services are fully private, with the citizen fully responsible for payment.

Is Armenia a good country to invest in? ›

Armenia has achieved respectable rankings on some global indices measuring the country's business climate. Armenia's investment and trade policy is relatively open; foreign companies are entitled by law to the same treatment as Armenian companies.

What you should not do in Armenia? ›

  • We advise against all travel anywhere within 5km of Armenia's border with Azerbaijan due to the risk of ongoing armed conflict. ...
  • Do not travel to Nagorno-Karabakh. ...
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  • Petty crime, such as pickpocketing and theft from cars, is common.
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How much is monthly rent in Armenia? ›

Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area384,593Dram
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area187,011Dram
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio20,676Dram
Internet 8 mbps (1 month)6,535Dram
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Can Americans live in Armenia? ›

It has been estimated that there are several thousand Americans living in Armenia. Living in Armenia is an incredible experience for a number of reasons, including the friendly locals, the climate, cuisine, and culture, and the quality of life.

Can an American retire in Armenia? ›

Expat Living in Armenia

While Armenia may be a small country it has become a popular destination for expats and retirees alike. Why do you ask? It offers more than just banking and asset protection, Armenia is safe, affordable, and has a high standard of living. Not to mention, plenty of natural beauty and hospitality.

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Because of political and historical reasons, Russian is the most common foreign language spoken by the majority of Armenians. English is the second learned language and the fastest growing foreign language in Armenia. Universities in Russian, English and French exist in the capital city of Armenia, Yerevan.

Is healthcare good in Armenia? ›

The country's healthcare system, broadly speaking, is inefficient, relatively ineffective, and for these reasons, has produced a less healthier population.

Can you have dual citizenship of US and Armenia? ›

Dual nationality has been allowed in Armenia since 2005, as long as the government is notified upon acquisition of additional nationality.

Which country does not accept Armenia? ›

Pakistan is the only country in the world that does not recognize Armenia as a state, although most Pakistani people are not aware of this fact. The primary cause of the two countries' diplomatic rift is the Nagorno-Karabakh conflict.

What is the speed limit in Armenia? ›

There are the following standard speed limits in the Armenia: In settlements the speed limit is 40 km/h, out of cities it is 90 km/h, and on highways the speed limit is 110 km/h. In yards, like residential places it is prohibited to drive faster than 20 km/h.

Is Armenia friends with America? ›

The United States established diplomatic relations with Armenia in 1992, following its independence from the Soviet Union. The United States is committed to helping Armenia strengthen democratic institutions and foster sustainable and inclusive economic growth.

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Winter months in Armenia

Usually, the winter in Armenia lasts three months, starting from December until February and it is typical for the first snowfall to take place in early December in the mountains and in the Gegharkunik region.

Is it easy to get Armenian citizenship? ›

Ethnic Armenians qualify for citizenship without having to meet any language or residency requirements. You should note, however, that certain formal requirements have to be met to establish Armenian origin. Having an Armenian name or speaking Armenian fluently is not by itself sufficient.

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The Nagorno-Karabakh conflict is an ethnic and territorial conflict between Armenia and Azerbaijan over the disputed region of Nagorno-Karabakh, inhabited mostly by ethnic Armenians, and seven surrounding districts, inhabited mostly by Azerbaijanis until their expulsion during the First Nagorno-Karabakh War.

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Armenia crime rate & statistics for 2017 was 2.38, a 19.78% decline from 2016.
Armenia Crime Rate & Statistics 1990-2023.
Armenia Crime Rate & Statistics - Historical Data
YearPer 100K PopulationAnnual % Change
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What are the benefits of living in Armenia? ›

Even though it might not be a traditional expat destination, living in this country brings about numerous benefits. You can enjoy a very low cost of living and low crime rates, vast natural forests and reserves, unspoiled countryside and cheap public transport all over the country.

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The use of illegal drugs carries stiff penalties, including fines and long prison terms. The penalty for smuggling drugs carries a prison term of between 4 to 10 years. Homosexuality was decriminalised in 2003 but is still viewed with disapproval by many Armenians.

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Retiring in Armenia is what many consider in their life plans. After all, with the amount of pension received from one's current country, it is more than possible to live a comfortable life in Armenia, even with the loss of social security benefits that occur in some countries.

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Censorship in Armenia is generally non-existent, except in some limited incidents. Armenia has recorded unprecedented progress in the 2022 World Press Freedom Index, improving positions by 11 points and ranking 51st on the list.

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Russia, Greece, Cyprus and Germany are the four major investors in Armenia, although significant investments are also made by the members of the Armenian diaspora (nearly 6 million people).

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Economy of Armenia.
Exports$2.6 billion (2018)
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Is English spoken in Armenia? ›

Russian, English, Spanish, German, Persian, and Italian are some of the foreign languages spoken in Armenia. Among all the languages, Russian and English are widely spoken in the country, making it a travel-friendly place for many tourists.

What are the top 3 environmental challenges in Armenia? ›

Armenia is no exception and suffers from environmental issues including over-exploitation of natural resources, environmental pollution, illegal logging and poor management of water resources and waste.

What is the income tax in Armenia? ›

Starting from 1 July 2023 the personal income tax will be calculated using the general income tax rate 20%. Further, legal entities, sole entrepreneurs, as well as physical entities not considered sole entrepreneurs, can make use of this system unless their annual turnover exceeds AMD 24 million.

What is the minimum wage in Armenia? ›

The current minimum wage in Armenia is AMD68,000.00 per month in 2023. It became valid on July 1, 2019.
Minimum Wage – Armenia.
Per month
National Minimum Wage Minimum Wages - last checked - 12/31/22AMD68,000.00

Does it get cold in Armenia? ›

The country also experiences large climatic contrasts because of its intricate terrain, and the climates range from arid to sub-tropical and to cold, high mountains. Summer highs in Armenia's capital Yerevan average around 30ºC−33ºC while the average in winter is 1ºC−3ºC.

What is the average income of an Armenian? ›

As of Jan 26, 2023, the average annual pay for an Armenian in the United States is $40,919 a year. Just in case you need a simple salary calculator, that works out to be approximately $19.67 an hour.

Where is the largest Armenian community in the US? ›

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Glendale, California has the highest concentration of Armenians in the nation and the highest outside of Armenia.

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Here are six countries where U.S. citizens can buy property:
  • Anguilla.
  • Barbados.
  • Bermuda.
  • Cayman Islands.
  • Mexico.
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Does Armenia have tax treaty with us? ›

The United States currently applies the 1973 income tax treaty with the former Soviet Union in respect of Armenia, although Armenia does not generally apply the provisions of that treaty in respect of the United States.

Which country is giving free citizenship? ›

Austria, Belgium, Ecuador, Belize and Costa Rica, countries where you can get citizenship and work visas easily of you have an Indian passport. Travel Tips, Immigration with Indian Passport: There are many countries in the world who give citizenship of their country if you have the passport of India and some documents.

Which country gives easy citizenship? ›

Bolivia is among the few nations in the World that allows you to become a citizen after marrying and living there for two years. Individuals who've already lived in Bolivia legally for three years in a row could apply for Citizenship.

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In 2022, Vietnam was ranked as the most economical destination for first home buyers by the Annual Global Retirement Index. Vietnam saw a 50 per cent decline in rent over the past year and housing prices do not drastically exceed the median income.

Which U.S. city has the highest Armenian population? ›

Glendale, California has the highest concentration of Armenians in the nation and the highest outside of Armenia.

How much tax do you pay in Armenia? ›

As of 2022, personal income tax is applied at a single flat rate of 21%, irrespective of the amount of compensation.

What is the easiest country for an American to get dual citizenship? ›

Different countries have different rules, but the easiest countries to get dual citizenship are states like Turkey, Vanuatu, Grenada, and Dominica.

Is Armenia a US ally? ›

Since then, the US has supported Armenia in many of its endeavours such as encouraging a peaceful resolution to the Nagorno-Karabakh conflict, reopening the closed borders with Azerbaijan and Turkey, and promoting regional prosperity.

How much does it cost to get Armenian citizenship? ›

Foreign nationals investing 150,000 USD in Armenia's economy can get Armenian citizenship | ARMENPRESS Armenian News Agency.


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