Guide
Buying a flat in Yerevan
8 steps from budget to moving in
- 1
Budget and Mortgage: How Much You Can Borrow and What Down Payment You NeedThe first step toward your own apartment is knowing your real budget. Here is what determines the loan amount, what down payment banks ask for, and which extra costs to … - 2
How to Choose a Yerevan District to Live In: A Guide to All 12 Administrative DistrictsYerevan has 12 administrative districts, and they could hardly be more different, from the dense, metro-served centre to almost suburban Nubarashen. We walk through each one and explain how to … - 3
Finding and viewing an apartment: what to look at during a viewingStep three of our guide to buying an apartment in Yerevan: how to shortlist options, what to ask the seller in advance, and what to check with your own eyes … - 4
How to Check an Apartment Before Buying in Yerevan: the Cadastre ExtractFor 10,000 ֏ and three working days, a Cadastre extract shows who really owns an apartment and whether it carries an arrest or a mortgage. Here is how to order … - 5
Deposit and preliminary contract when buying an apartmentStep five of the guide: the apartment is chosen and checked, and it is time to lock in the agreement. What a deposit is under Armenian law, how it differs … - 6
The Deal at the Notary: How It Works and What to BringIn Armenia, an apartment sale contract is, as a rule, certified by a notary. Here is how the meeting goes, which documents the seller and the buyer need, and how … - 7
Registering Ownership with the Cadastre: Timelines and ProcedureAn apartment becomes yours not when you sign at the notary but when your right is entered in the Cadastre register. Here are the deadlines, the costs and the ways … - 8
Moving in: how to transfer the utilities to your nameStep eight, the last in the guide: ownership is registered and the keys are yours. How to transfer electricity, gas and water to the new owner, and what to do …