The cost per square meter differs depending on the city. It is most expensive in Yerevan, the capital of the country, in the range of 1500-2200 euros. Gyumri and Armavir are also in the top 3 in terms of costliness, where you can buy housing in Armenia at the rate of 1000-2000 euros per square meter. In other cities and towns the price per square meter ranges from 500 to 1200 euros.