NUMBER OF LAND SALES AND PURCHASES GROWS BY 31.8% IN
ARMENIA IN JANUARY-SEPTEMBER 2006 ON SAME MONTHS OF PREVIOUS
YEAR
12-01-2007 18:40:00 | Armenia | Economy
YEREVAN, JANUARY 12, NOYAN TAPAN. In January-September
2006, 13,428 units of land (about 17.1 thousand ha) was
alienated in Armenia, including 1,571 units of land (497.74 ha)
in Yerevan.
According to the RA National Statistical Service, 6,136
units (15,942.31 ha) of alienated lands were agricultural lands,
including 12 units (1.24 ha) in Yerevan. 4,839 units of land for
construction of residential buildings (475.02 ha) were
alienated, including 829 units (91.63 ha) in Yerevan. 2.057
units (336.81 ha) of alienated lans were lands for social
building-up, including 568 units (197.81 ha) in Yerevan. 299
units of land (268.79 ha) were of industrial significance,
including 162 units (207.06 ha) in Yerevan. 75 units of land
(31.4 ha) were lands in specially protected territories, 20
units (8.41 ha) - lands for energy facilities, and 2
units (11 ha) - water areas.
Sale and purchase transactions were conducted with respect
to 12,635 units of alienated land (16,673.88 ha), including
1,493 units (487.46 ha) in Yerevan; donation transactions were
conducted with respect to 685 units (360.57 ha), including 56
units (8.3 ha) in Yerevan; exchange transactions were conducted
with respect to 108 units of land (39.28 ha), including 22 units
(1.98 ha) in Yerevan.
The number of land sale and purchase transactions grew by
31.8% in January-September 2006 on the same period of the
previous year. The number of sales and purchases of agricultural
lands grew by 6.5%, lands in residential areas - by 56.7%, lands
of industrial significance - 7.2fold, lands in specially
protected territories - 10.4fold, lands of energy facilities -
by 20 transactions and water areas - by 2 transactions.
The largest number of land sale and purchase transactions
was registered in Armavir marz - 10,471.6 ha, including
10,412.65 ha of agricultural land.
According to the results of auctions and sales of lands for
residential construction representing state and private property
in January-September 2006, the highest average prices for 1,000
square meters were registered, except Yerevan, in Akhurian
region of Shirak marz - 1 mln 568.8 thousand drams (about 3.73
thousand USD), Abovian region of Kotayk marz - 1 mln 488.4
thousand drams, Gugark region of Lori marz - 1 mln 414.2
thousand drams. The highest average market prices during sales
of residential lands representing private property of the same
area were registered in Ashtarak region of Aragatsotn marz - 1
mln 977 thousand drams, Abovian region of Kotayk marz - 1 mln
453.7 thousand drams, Echmiadzin region of Armavir marz - 1 mln
214.2 thousand drams.
According to the results of auctions and sales of
agricultural lands representing state and private property in
January-September 2006, the highest average prices for 1 ha were
registered, except Yerevan, in Artashat region of Ararat marz -
837 thousand drams, Noyemberian region of Tavush marz - 774.2
thousand drams, Chambarak region of Gegharkunik marz - 514.9
thousand drams. The highest average market prices of
agricultural lands respresenting private property of the same
area were registered in Abovian region of Kotayk marz - 2 mln
872 thousand drams, Ashtarak region of Aragatsotn marz - 2 mln
186.8 thousand drams, Eghvard region of Kotayk marz - 1 mln
995.6 thousand drams.