An Expert Thinks There Are Not More Than 3-4 New Elite Apartment Hou

AN EXPERT THINKS THERE ARE NOT MORE THAN 3-4 NEW ELITE APARTMENT HOUSES IN YEREVAN

2008-01-17 14:04:00

ArmInfo. Actually there are not more than 3-4 new elite apartment
houses in Yerevan today, director of Armenian Real Estate Exchange
Artem Pribilskiy told ArmInfo correspondent.

He also added that more than 100 new elite apartment houses built in
Yerevan over the last 2-3 years are not elite at all.’Any new house
cannot be considered elite as it does not have several infrastructures
peculiar to the really elite houses’, – he said and added that a
square meter of the capital city new houses is $1600-2000. He also
said that chiefly foreigners buy apartments from the elite apartment
houses, although certain local citizens can also buy them but do not
do that. To note, today apartment of the Center Yerevan district are
the most expensive ones. So, a square meter of an apartment in this
district cost 473.1 thsd drams at the end of November.