Armenia Real Estate Market by Property (Residential, Commercial, Industrial, and Land), and Business (Sales and Rental): Opportunity Analysis and Industry Forecast, 2019–2026
The Armenia real estate market was valued at $880.4 million in 2018, and is projected to reach $1,249.3 million in 2026, growing at a CAGR of 4.3%. Real estate is defined as a property which is made up of land and any physical structures on it such as buildings.
The growth of the Armenia real estate market is driven by rise in economy and increased efforts by the government for the diversification of economy. The construction industry was one of the major contributors to the economy of Armenia, however, the mining and services industry has grown to be some of the major drivers of the Armenian economy. Furthermore, there is rise in property transactions in Armenia. Also, the government in Armenia returns the income tax to residents who re-pay mortgage loan, as per the law. In addition, many Armenians are repatriating and buying real estate. Such factors are expected to fuel the growth of the real estate market in Armenia. However, high unemployment rate and poverty is a challenge for the growth of the real estate market in Armenia. The unemployment rate of Armenia is among the highest in the Commonwealth of Independent States (CIS) countries. On the contrary, increased focus of the government to help real estate is expected to provide lucrative opportunities for the growth of the market in the future.
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 land segment is anticipated to dominate the Armenia real estate market throughout the study period. Depending on business type, the market is segregated into sales and rental.
COMPETITION ANALYSIS
The major market participants profiled in this report 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 BENEFITS FOR STAKEHOLDERS
BY PROPERTY
The growth of the Armenia real estate market is driven by rise in economy and increased efforts by the government for the diversification of economy. The construction industry was one of the major contributors to the economy of Armenia, however, the mining and services industry has grown to be some of the major drivers of the Armenian economy. Furthermore, there is rise in property transactions in Armenia. Also, the government in Armenia returns the income tax to residents who re-pay mortgage loan, as per the law. In addition, many Armenians are repatriating and buying real estate. Such factors are expected to fuel the growth of the real estate market in Armenia. However, high unemployment rate and poverty is a challenge for the growth of the real estate market in Armenia. The unemployment rate of Armenia is among the highest in the Commonwealth of Independent States (CIS) countries. On the contrary, increased focus of the government to help real estate is expected to provide lucrative opportunities for the growth of the market in the future.
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 land segment is anticipated to dominate the Armenia real estate market throughout the study period. Depending on business type, the market is segregated into sales and rental.
COMPETITION ANALYSIS
The major market participants profiled in this report 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 BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging Armenia real estate market trends and dynamics.
- In-depth Armenia real estate market analysis is conducted by constructing market estimations for the key market segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within theArmenia real estate market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The Armenia real estate market forecast analysis from 2019 to 2026 is included in the report.
- Key market players within Armenia real estate market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the Armenia real estateindustry.
BY PROPERTY
- Steel
- Residential
- Commercial
- Industrial
- Land
- Sales
- Rental
- AdaTech LLC
- “Akcern” Real Estate Corporation
- BARS Real Estate Company
- “CHARAGAYT” Construction Company
- Comfy LLC
- Elite Group
- MLL Industries, LLC
- Renshin LLC
- Roxwell LLC
- Step Investment Group
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key market players
1.5. Research methodology
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings:
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increased focus on diversification of Armenian economy
3.4.1.2. The rise in the number of property transactions
3.4.1.3. Affordable interest rates on mortgage loans
3.4.2. Restraints
3.4.2.1. High dependence on the Russian economy
3.4.2.2. High poverty and unemployment rate
3.4.3. Opportunity
3.4.3.1. Increased focus to help the real estate market
CHAPTER 4: ARMENIA REAL ESTATE MARKET, BY PROPERTY TYPE
4.1. Market overview
4.1.1. Market size and forecast, by type
4.2. Residential
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. Commercial
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. Industrial
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.5. Land
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
CHAPTER 5: ARMENIA REAL ESTATE MARKET, BY BUSINESS TYPE
5.1. Market overview
5.1.1. Market size and forecast, by technology
5.2. Sales
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. Rental
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
CHAPTER 6: COMPANY PROFILES
6.1. ADATECH LLC
6.1.1. Company overview
6.1.2. Key Executive
6.1.3. Company snapshot
6.1.4. Product portfolio
6.2. “AKCERN” REAL ESTATE CORPORATION
6.2.1. Company overview
6.2.2. Key Executive
6.2.3. Company snapshot
6.2.4. Product portfolio
6.3. BARS REAL ESTATE COMPANY
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Product portfolio:
6.4. “CHARAGAYT” CONSTRUCTION COMPANY
6.4.1. Company overview
6.4.2. Key Executives
6.4.3. Company snapshot
6.4.4. Product portfolio
6.5. COMFY LLC
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Product Portfolio
6.6. ELITE GROUP
6.6.1. Company overview
6.6.2. Key Executives
6.6.3. Company snapshot
6.6.4. Product portfolio
6.7. MLL INDUSTRIES, LLC
6.7.1. Company overview
6.7.2. Key Executives
6.7.3. Company snapshot
6.7.4. Product portfolio
6.8. RENSHIN LLC
6.8.1. Company overview
6.8.2. Key Executives
6.8.3. Company snapshot
6.8.4. Product portfolio
6.9. ROXWELL LLC.
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Product portfolio
6.10. STEP INVESTMENT GROUP
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Product portfolio
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key market players
1.5. Research methodology
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings:
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increased focus on diversification of Armenian economy
3.4.1.2. The rise in the number of property transactions
3.4.1.3. Affordable interest rates on mortgage loans
3.4.2. Restraints
3.4.2.1. High dependence on the Russian economy
3.4.2.2. High poverty and unemployment rate
3.4.3. Opportunity
3.4.3.1. Increased focus to help the real estate market
CHAPTER 4: ARMENIA REAL ESTATE MARKET, BY PROPERTY TYPE
4.1. Market overview
4.1.1. Market size and forecast, by type
4.2. Residential
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. Commercial
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. Industrial
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.5. Land
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
CHAPTER 5: ARMENIA REAL ESTATE MARKET, BY BUSINESS TYPE
5.1. Market overview
5.1.1. Market size and forecast, by technology
5.2. Sales
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. Rental
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
CHAPTER 6: COMPANY PROFILES
6.1. ADATECH LLC
6.1.1. Company overview
6.1.2. Key Executive
6.1.3. Company snapshot
6.1.4. Product portfolio
6.2. “AKCERN” REAL ESTATE CORPORATION
6.2.1. Company overview
6.2.2. Key Executive
6.2.3. Company snapshot
6.2.4. Product portfolio
6.3. BARS REAL ESTATE COMPANY
6.3.1. Company overview
6.3.2. Company snapshot
6.3.3. Product portfolio:
6.4. “CHARAGAYT” CONSTRUCTION COMPANY
6.4.1. Company overview
6.4.2. Key Executives
6.4.3. Company snapshot
6.4.4. Product portfolio
6.5. COMFY LLC
6.5.1. Company overview
6.5.2. Company snapshot
6.5.3. Product Portfolio
6.6. ELITE GROUP
6.6.1. Company overview
6.6.2. Key Executives
6.6.3. Company snapshot
6.6.4. Product portfolio
6.7. MLL INDUSTRIES, LLC
6.7.1. Company overview
6.7.2. Key Executives
6.7.3. Company snapshot
6.7.4. Product portfolio
6.8. RENSHIN LLC
6.8.1. Company overview
6.8.2. Key Executives
6.8.3. Company snapshot
6.8.4. Product portfolio
6.9. ROXWELL LLC.
6.9.1. Company overview
6.9.2. Company snapshot
6.9.3. Product portfolio
6.10. STEP INVESTMENT GROUP
6.10.1. Company overview
6.10.2. Company snapshot
6.10.3. Product portfolio
LIST OF TABLES
TABLE 01. ARMENIA REAL ESTATE MARKETREVENUE, BY PROPERTY TYPE, 2018–2026 ($MILLION)
TABLE 02. ARMENIA REAL ESTATE MARKET REVENUE, BY BUSINESS TYPE, 2018–2026 ($MILLION)
TABLE 03. ADATECH: KEY EXECUTIVE
TABLE 04. ADATECH: COMPANY SNAPSHOT
TABLE 05. ADATECH: PRODUCT PORTFOLIO
TABLE 06. AKCERN: KEY EXECUTIVE
TABLE 07. AKCERN: COMPANY SNAPSHOT
TABLE 08. AKCERN: PRODUCT PORTFOLIO
TABLE 09. BARS: COMPANY SNAPSHOT
TABLE 10. BARS: PRODUCT PORTFOLIO
TABLE 11. NEDO: KEY EXECUTIVES
TABLE 12. CHARAGAYT: COMPANY SNAPSHOT
TABLE 13. CHARAGAYT: PRODUCT PORTFOLIO
TABLE 14. COMFY: COMPANY SNAPSHOT
TABLE 15. COMFY: PRODUCT PORTFOLIO
TABLE 16. ELITE: KEY EXECUTIVES
TABLE 17. ELITE: COMPANY SNAPSHOT
TABLE 18. ELITE: PRODUCT PORTFOLIO
TABLE 19. MLL INDUSTRIES: KEY EXECUTIVES
TABLE 20. MLL INDUSTRIES: COMPANY SNAPSHOT
TABLE 21. MLL INDUSTRIES: PRODUCT PORTFOLIO
TABLE 22. RENSHIN: KEY EXECUTIVES
TABLE 23. RENSHIN: COMPANY SNAPSHOT
TABLE 24. RENSHIN: PRODUCT PORTFOLIO
TABLE 25. ROXWELL: COMPANY SNAPSHOT
TABLE 26. ROXWELL: PRODUCT PORTFOLIO
TABLE 27. STEP: COMPANY SNAPSHOT
TABLE 28. STEP: PRODUCT PORTFOLIO
TABLE 01. ARMENIA REAL ESTATE MARKETREVENUE, BY PROPERTY TYPE, 2018–2026 ($MILLION)
TABLE 02. ARMENIA REAL ESTATE MARKET REVENUE, BY BUSINESS TYPE, 2018–2026 ($MILLION)
TABLE 03. ADATECH: KEY EXECUTIVE
TABLE 04. ADATECH: COMPANY SNAPSHOT
TABLE 05. ADATECH: PRODUCT PORTFOLIO
TABLE 06. AKCERN: KEY EXECUTIVE
TABLE 07. AKCERN: COMPANY SNAPSHOT
TABLE 08. AKCERN: PRODUCT PORTFOLIO
TABLE 09. BARS: COMPANY SNAPSHOT
TABLE 10. BARS: PRODUCT PORTFOLIO
TABLE 11. NEDO: KEY EXECUTIVES
TABLE 12. CHARAGAYT: COMPANY SNAPSHOT
TABLE 13. CHARAGAYT: PRODUCT PORTFOLIO
TABLE 14. COMFY: COMPANY SNAPSHOT
TABLE 15. COMFY: PRODUCT PORTFOLIO
TABLE 16. ELITE: KEY EXECUTIVES
TABLE 17. ELITE: COMPANY SNAPSHOT
TABLE 18. ELITE: PRODUCT PORTFOLIO
TABLE 19. MLL INDUSTRIES: KEY EXECUTIVES
TABLE 20. MLL INDUSTRIES: COMPANY SNAPSHOT
TABLE 21. MLL INDUSTRIES: PRODUCT PORTFOLIO
TABLE 22. RENSHIN: KEY EXECUTIVES
TABLE 23. RENSHIN: COMPANY SNAPSHOT
TABLE 24. RENSHIN: PRODUCT PORTFOLIO
TABLE 25. ROXWELL: COMPANY SNAPSHOT
TABLE 26. ROXWELL: PRODUCT PORTFOLIO
TABLE 27. STEP: COMPANY SNAPSHOT
TABLE 28. STEP: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. ARMENIA REAL ESTATE MARKET, 2018–2026
FIGURE 02. ARMENIA REAL ESTATE MARKET: KEY PLAYERS
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. MODERATE COMPETITIVE RIVALRY
FIGURE 09. ARMENIA REAL ESTATE MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 10. ARMENIA REAL ESTATE MARKET REVENUE, BY PROPERTT TYPE, 2018–2026 (%)
FIGURE 11. ARMENIA RESIDENTIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 12. ARMENIA COMMERCIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 13. ARMENIA INDUSTRIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 14. ARMENIA LAND REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 15. ARMENIA REAL ESTATE MARKET REVENUE, BY BUSINESS TYPE, 2018–2026 (%)
FIGURE 16. ARMENIA REAL ESTATE MARKET REVENUE, BY SALES, 2018–2026 ($MILLION)
FIGURE 17. ARMENIA REAL ESTATE MARKET REVENUE, BY RENTAL, 2018–2026 ($MILLION)
FIGURE 01. ARMENIA REAL ESTATE MARKET, 2018–2026
FIGURE 02. ARMENIA REAL ESTATE MARKET: KEY PLAYERS
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. MODERATE COMPETITIVE RIVALRY
FIGURE 09. ARMENIA REAL ESTATE MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 10. ARMENIA REAL ESTATE MARKET REVENUE, BY PROPERTT TYPE, 2018–2026 (%)
FIGURE 11. ARMENIA RESIDENTIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 12. ARMENIA COMMERCIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 13. ARMENIA INDUSTRIAL REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 14. ARMENIA LAND REAL ESTATE MARKET REVENUE, 2018–2026 ($MILLION)
FIGURE 15. ARMENIA REAL ESTATE MARKET REVENUE, BY BUSINESS TYPE, 2018–2026 (%)
FIGURE 16. ARMENIA REAL ESTATE MARKET REVENUE, BY SALES, 2018–2026 ($MILLION)
FIGURE 17. ARMENIA REAL ESTATE MARKET REVENUE, BY RENTAL, 2018–2026 ($MILLION)
