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Investment opportunity on Parpetsi Street

Parpetsi Street, Yerevan

Project Description

An investment apartment is for sale on the 3rd and 4th floors of a stone building constructed in the Stalin-era architectural style. With its comfort, classical architecture, and exceptional location, it offers a perfect opportunity for both short-term and long-term, stable investment.

Yield on Equity 19.1%

Financial data

ROE:

15% (with 30% loan)

Required Investment Volume

$585.000

Average Net Yearly Income:

$54.000

Yield on Equity

19.1%

Change of Value After Construction

26%

Number of Apartments

5

About the property

Property description

These five apartments, created with an exclusive design and smart layout, totaling 280 sq.m., are being sold as a single complete investment package. The property is located in the center of Yerevan, on Parpetsi Street, on the 3rd and 4th floors of a sturdy stone building constructed in the Stalin-era architectural style. The project includes three one-bedroom and two studio apartments. Renovation and furnishing are planned with high-quality materials and modern design solutions, ensuring maximum comfort and competitiveness in the market.

Sequence of Steps

Property Acquisition ->
Design Preparation ->
Renovation ->
Apartment Management

Consultation

Detailed and professional consultation from real estate specialists on projects and investments.

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