Acquiring premium real estate in the center of Yerevan has long ceased to be merely a way to improve living conditions—today, it is viewed as a strategic tool for capital preservation and long-term value creation. In this context, the sale of a 168.3 sq. m apartment located on Charents Street, right next to Yerevan State University, is particularly noteworthy.
Priced at $550,000 and situated on the 6th floor of a 12-story new building, this 4-room property reflects the highest standards of modern urban construction and engineering.
Architectural Efficiency and Spatial Optimization
Proper structural layout is at the core of a successful real estate investment. Featuring 3-meter high ceilings and a functional floor plan, this apartment offers:
3 spacious bedrooms
2 elegant bathrooms
A walk-in closet (dressing room)
An open balcony
These spaces ensure maximum utility without compromising on comfort.
However, the key advantage of this offer lies not just in its floor area, but in its built-in infrastructure.
Added Engineering Value and Control Systems
The apartment is equipped with top-tier technological solutions, reducing the need for future capital expenditures and enhancing liquidity:
Climate Control (HVAC): Equipped with 2 Mitsubishi chillers integrated into a centralized heating, ventilation, and air-conditioning system, ensuring an uninterrupted indoor climate.
Resource Filtration: Specialized hot and cold water filtration systems are installed, guaranteeing high-quality consumption.
Autonomous Security: Features an individual video surveillance system.
Building Management and Infrastructure
The overall building infrastructure directly impacts the property's long-term preservation and value growth. The complex includes:
24/7 security and video surveillance systems
2 high-speed elevators
Monthly maintenance fee of 42,000 AMD
Given the scarcity of parking spaces in the city center, the 2 underground parking spots included with the property represent one of the most competitive features of this offer.
Conclusion and Market Outlook
This apartment on Charents Street combines all the benchmarks of premium housing: a strategic location, flawless technical equipment, and high liquidity. It is a practical and reliable solution for buyers seeking an asset that creates long-term value in the center of Yerevan.
Rafayel Asatryan
CEO, Real Estate Consultant
Address: 1 Amiryan Street, Republic Square Marriott Hotel Yerevan
Tel.: +374 94 416460 (Viber, WhatsApp)
Tel.: +374 91 416460
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