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Armenia Real Estate Market Worth $1,249.3 Million by 2026 | by Property, Business

04-21-2021 08:09 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Armenia Real Estate Market

Armenia Real Estate Market

According to a new report published by Allied Market Research, titled, "Armenia Real Estate Market by Property and Business: Global Opportunity Analysis and Industry Forecast, 2019–2026," the Armenia real estate market size was valued at $880.4 million in 2018, and is projected to reach $1,249.3 million by 2026, growing at a CAGR of 4.3%. The sales segment accounted for more than half of Armenia real estate market share in 2018 and is expected to witness a CAGR of 4.0% during the forecast period.

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Real estate means land as well as any physical structure affixed to the land such as houses, buildings, and landscaping. Rise in economy of Armenia and increased focus of the government to diversify the economy help boost the growth of the real estate market in Armenia. Further, availability of affordable interest rates on mortgage loans is helping families in the country to afford houses. However, high poverty and unemployment restrict Armenia real estate market growth.

Competition Analysis

The key market players profiled in the report of the Armenia real estate market include AdaTech LLC, “Akcern” Real Estate Corporation, BARS Real Estate Company, “CHARAGAYT” Construction Company, Comfy LLC, Elite Group, MLL Industries, LLC, Renshin LLC, Roxwell LLC, and Step Investment Group.

Key Market Segments

The Armenia real estate market is segmented into property type and business type.

By property type, the market is classified into residential, commercial, industrial, and land. The industrial segment is anticipated to dominate the market throughout the study period. There is a rise in demand for industrial spaces in Armenia. This is mainly due to the opening of new factories or manufacturing plants in Armenia.

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Depending on business type, the market is segregated into sales and rental. The rental segment is anticipated to dominate the Armenia real estate market share throughout the study period. Growth in the commercial and industrial segment is expected to increase the lease transactions in Armenia.

Key Benefits for Stakeholders:

The report provides an extensive analysis of the current and emerging Armenia real estate market trends and dynamics. The report also provides Armenia real estate market size from 2018 to 2026.

In-depth Armenia real estate market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.

Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.

A comprehensive analysis four major regions is provided to determine the prevailing opportunities.

Armenia real estate market forecast analysis from 2019 to 2026 is included in the report.

Key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the Armenia real estate industry.

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Contact:
David Correa
Portland, OR, United States
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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