Country Profiles on Housing and Land Management

Republic of Armenia

image of Country Profiles on Housing and Land Management

This Country Profile is the second for the Republic of Armenia. It contains an in-depth analysis of its housing, urban development and land management sectors while focusing on specific challenges or achievements in these sectors. These include housing provision and affordability; management and maintenance of the housing stock; energy efficiency in housing; disaster risk mitigation; urbanization; housing finance; and the legal and institutional framework. This Country Profile also lays out a set of policy recommendations to help Armenia in meeting these challenges.



Financial framework for housing and land

According to the latest available data, housing construction amounted to 284.1 m2 in 2014, which is 11.3 per cent less than the previous year. Out of the total commissioned buildings, 53.2 per cent were constructed through funds of citizens, while 46.8 per cent were constructed by developers (legal entities).


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