The 10 Best Neighborhoods in Yerevan, Armenia
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As a real estate and content writing expert, I’ve had the pleasure of exploring various cities around the world. One city that has captured my heart is Yerevan, the capital of Armenia. In this article, I’ll share my first-hand experiences and insights on the 10 best neighborhoods in Yerevan for US real estate investors, homeowners, first-time home buyers, and real estate agents. So, let’s dive in!
1. Kentron (City Center)
Undoubtedly, Kentron is the heart of Yerevan. It’s where you’ll find the city’s main attractions, such as the Republic Square, Opera House, and Cascade Complex. The neighborhood is bustling with life, offering a plethora of restaurants, cafes, and shops. As a result, property prices in Kentron are higher compared to other neighborhoods, but the convenience and vibrant atmosphere make it worth the investment.
2. Arabkir
Located just north of Kentron, Arabkir is a popular residential area known for its green spaces and family-friendly atmosphere. The neighborhood boasts several parks, schools, and supermarkets, making it an ideal choice for families. Property prices in Arabkir are more affordable than in Kentron, and the area offers a mix of Soviet-era and modern buildings.
3. Davtashen
If you’re looking for a quieter neighborhood with stunning views of Mount Ararat, Davtashen is the place to be. Situated on the western bank of the Hrazdan River, this area offers a peaceful environment with easy access to the city center via the Davtashen Bridge. The neighborhood features a mix of apartment buildings and private houses, with property prices being relatively affordable.
4. Kanaker-Zeytun
Located in the northeastern part of Yerevan, Kanaker-Zeytun is a historic neighborhood with a unique charm. The area is home to several cultural landmarks, such as the Surp Hakob Church and the Erebuni Fortress. Property prices in Kanaker-Zeytun are quite reasonable, and the neighborhood offers a mix of old and new residential buildings.
5. Nor Nork
Nor Nork is a large residential district in the eastern part of Yerevan. The neighborhood is known for its well-planned layout, green spaces, and numerous schools and kindergartens. Nor Nork offers a variety of housing options, from Soviet-era apartment buildings to modern residential complexes. Property prices in this area are quite affordable, making it an attractive option for first-time home buyers.
6. Nork-Marash
Located in the southeastern part of Yerevan, Nork-Marash is a quiet and green neighborhood with a suburban feel. The area is known for its beautiful parks and gardens, as well as its stunning views of the city and Mount Ararat. Property prices in Nork-Marash are relatively affordable, and the neighborhood offers a mix of private houses and apartment buildings.
7. Shengavit
Shengavit is a residential district in the southwestern part of Yerevan. The neighborhood is known for its well-developed infrastructure, including schools, hospitals, and shopping centers. Property prices in Shengavit are quite reasonable, and the area offers a mix of Soviet-era and modern residential buildings.
8. Malatia-Sebastia
Located in the western part of Yerevan, Malatia-Sebastia is a diverse neighborhood with a mix of residential, industrial, and commercial areas. The neighborhood is known for its affordable property prices and well-developed infrastructure, making it an attractive option for both investors and home buyers.
9. Ajapnyak
Ajapnyak is a large residential district in the northwestern part of Yerevan. The neighborhood is known for its green spaces, including the Tumanyan Park and the Yerevan Zoo. Property prices in Ajapnyak are quite affordable, and the area offers a mix of apartment buildings and private houses.
10. Avan
Located in the northeastern part of Yerevan, Avan is a quiet and green neighborhood with a suburban feel. The area is known for its beautiful parks and gardens, as well as its stunning views of the city and Mount Ararat. Property prices in Avan are relatively affordable, and the neighborhood offers a mix of private houses and apartment buildings.
Frequently Asked Questions
- What is the average property price in Yerevan? The average property price in Yerevan varies depending on the neighborhood, but it generally ranges from $800 to $1,500 per square meter.
- Is Yerevan a safe city to live in? Yes, Yerevan is considered a safe city with a low crime rate. However, it’s always important to take standard safety precautions, such as being aware of your surroundings and keeping your belongings secure.
- What is the cost of living in Yerevan? The cost of living in Yerevan is relatively low compared to other European cities. You can expect to pay around $500 to $1,000 per month for a one-bedroom apartment in the city center, and basic utilities typically cost around $50 to $100 per month.
Conclusion
In conclusion, Yerevan is a charming city with a rich history and diverse neighborhoods. From the bustling city center of Kentron to the quiet, suburban feel of Avan, there’s a neighborhood to suit every taste and budget. As an experienced expert on the subject, I can confidently say that investing in Yerevan’s real estate market is a wise decision for US real estate investors, homeowners, first-time home buyers, and real estate agents. So, why not consider Yerevan as your next real estate destination?
