Even though Armenia is the tiniest country in the Caucasus region, with about 3 million people, it catches attention because of its growing economy. When you look into why this is happening, you'll find creative entrepreneurs, smart researchers, scientists, and a strong community spirit.
Armenia, recognized as the swiftest developing nation in Eastern Europe and Central Asia according to the World Bank, presents a highly promising investment destination. With an escalating pace of economic growth projected for the upcoming years, the country offers lucrative opportunities for investors.
In 2018 Armenian real estate market was worth $880.4 million and is expected to reach $1,249.3 million in 2026, with a CAGR of 4.3%. Currently, there are no significant changes in prices. However, it doesn’t mean that there won’t be deflation soon. But it is impossible to make clear predictions, according to the specialists. Market developments depend on the pace of construction and state support.
Following the formation of a new government in Armenia in mid-2018, Tower International Consultants cjsc expects
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