In 2025, a total of 4,413 real estate transactions involving foreign citizens were carried out in Armenia, with only four transactions involving Turkish citizens, according to Armenia’s Cadastre Committee, as reported by Sputnik Armenia.

“There is no property registered in Armenia under the names of Azerbaijani citizens. During 2025, Turkish citizens acquired one apartment in a multi-unit residential building in Yerevan’s Kentron district, sold two apartments in multi-unit residential buildings, and sold one land plot in the rural settlement of Jrvezh in Kotayk Province,” the committee said.

The committee also reported that Turkish citizens carried out no real estate transactions in Armenia during January–April 2026.

According to data published on the Cadastre Committee’s official website, among transactions registered during the first quarter of 2026, foreign citizens acted solely as buyers in 1,889 cases, solely as sellers in 2,399 cases, while in 125 transactions both parties were foreign citizens.

The data show that during the previous year foreign citizens purchased 2,014 real estate units and sold 2,524 units.

Apartments, land plots, and garages attracted the greatest interest among foreign buyers. By geography, Yerevan ranked first with 1,304 purchased properties, followed by Kotayk Province with 221 and Lori Province with 78. In terms of sales, Yerevan also ranked first with 762 units sold, followed by Kotayk with 364 and Armavir Province with 292.

According to the Cadastre Committee, Russian citizens were the leading foreign purchasers of real estate in Armenia. They were followed by U.S. citizens, while Iranian citizens ranked third. Buyers also included citizens of Syria, various European countries, and other Commonwealth of Independent States (CIS) members.

During the first quarter of 2026, foreign citizens purchased 525 real estate units and sold 572 units.

Between January and April, they acquired 316 apartments, 68 garages, 58 land plots, and 54 residential houses. Purchased properties also included industrial and public-purpose buildings. During the same period, 226 apartments, 172 land plots, and 145 residential houses were sold, while transactions involving industrial and public-purpose properties remained limited.

In 2023, Turkish citizens purchased three apartments in multi-unit residential buildings in Armenia, all located in Yerevan. Azerbaijani citizens did not buy any real estate in Armenia that year. In 2022, however, Azerbaijani citizens acquired two properties in Armenia — one in Yerevan and the other a detached residential house in Lori Province.