Realtors assess chances of forced migrants from Berdzor to acquire housing in Armenia

The Caucasian Knot

Aug 18 2022

Ten million drams will be enough for forced migrants from Berdzor and Akhavno to buy an apartment in small settlements or private houses in rural communities in Armenia, mostly real estate without repair is sold for the mentioned amount, says real estate specialists interviewed by the “Caucasian Knot”.

The “Caucasian Knot” has reported that the administration of the Kashatag District of Nagorno-Karabakh reported that residents of Berdzor (the Azerbaijani name is Lachin, – note of the “Caucasian Knot”) and the village of Akhavno (the Azerbaijani name is Zabukh, – note of the “Caucasian Knot”) must leave their houses by August 20. The Ministry of Territorial Administration and Infrastructure of Nagorno-Karabakh reports that families who move to Armenia will receive a certificate in the amount of 10 million drams (almost 25,000 US dollars) for the purchase of housing.

Ten million drams will be enough to purchase real estate in the regions of Armenia, the “Caucasian Knot” correspondent has been explained by a consultant of the “Yerkir Real Estate Agency” real estate company located in Yerevan. According to the real estate specialist, the amount of 10 million drams will be not enough to buy real estate in Yerevan and in the suburbs of the Armenian capital.

Lilit Martirosyan, a broker of the “Goris Realty” real estate company, notes that in Goris with its population of over 20,000, the amount of 10 million drams will be enough to purchase an old private house without repair. According to the real estate specialist, the prices for habitable private houses start from 15 million drams. “With 10 million drams, you can buy a one-room apartment with repairs or a two-room apartment without repairs,” Lilit Martirosyan told the “Caucasian Knot” correspondent.

According to the expert, the amount of 10 million drams is also enough to buy a house in a village. “For 10-11 million drams, you can find houses in the village of Khartashen with 170 inhabitants and in the village of Verishen with over 2200 inhabitants,” the real estate specialist noted.

This article was originally published on the Russian page of 24/7 Internet agency ‘Caucasian Knot’ on August 18, 2022 at 02:26 pm MSK. To access the full text of the article, click here.

See earlier reports:
Berdzor population reduces to 70 before resettlement from Lachin corridor, Azerbaijan insists on removal of Armenian population from Lachin and two villages, Authorities hurry residents of Akhavno and Berdzor to move out.