Mortgage Loan for construction or renovation from Artsakhbank
Artsakhbank
Loan for construction or renovation
Relevant for 09.10.2026
Effective rate
16.81% - 21.74%
Rate
15.5% - 16%
Amount
to 50 000 000֏
Down payment
from 0%
Term
3 - 20 years
Available for non-residents of Armenia
No
Loans are provided to RA citizens and resident individuals for the construction or renovation of non-residential real estate in Armenia. | |
Purpose | construction, renovation |
Collateral | Acquired real estate, and if necessary, a second property as well. |
Down payment | from 0% |
Loan term | 3 - 20 years |
Loan currency | ֏ |
Loan amount | to 50 000 000֏ |
Payment type | Annuity and Differentiated |
Validity period of the decision | 5 business days |
This loan can be taken under the following programs: | Not a government program |
Documents required for application: Identification documents of the borrower, co-borrower and guarantors, and the social card number The borrower's marriage certificate, child birth certificates, divorce certificates, death certificates or a certificate from the registry office confirming the absence of marriage Documents confirming the income of the borrower, co-borrower and guarantors Certificate of registration of ownership of residential real estate to be acquired and grounds for acquisition Identification documents of the owners and co-owners of real estate, A report on the evaluation of the proposed collateral or the basis for determining its value, Certificate of guarantee with the guarantor |
Data collected and verified by AFM.
Terms apply to the bank's head office and may differ at its branches.
Other mortgage programs at Artsakhbank
Effective rate
10.8% - 14%
Rate
10% - 12%
Amount
to 5 000 000֏
Down payment
from 0%
State program
ArtsakhbankHousing for military personnel.
Effective rate
6.6% - 7.3%
Rate
11%
Amount
to 25 650 000֏
Down payment
from 10%
State program
ArtsakhbankHousing for military personnel.
Effective rate
8.41% - 9.22%
Rate
12.75%
Amount
to 25 650 000֏
Down payment
from 10%
State program
ArtsakhbankLoan for construction or renovation
Effective rate
12.85% - 17.87%
Rate
12% - 13%
Amount
to 120 000$
Down payment
from 0%
Artsakhbank also offers:
News about mortgages
All news
25.03.2026 3.2k
New Housing Program for Displaced Persons from Artsakh to Launch in Armenia
06.02.2026 4.7k
Total loan volume in Armenia has reached a historical high
19.01.2026 3.8k
Ardshinbank becomes the market leader by number of mortgage products in Armenia according to AFM analysis for January 2026
08.01.2026 6.8k
Real estate prices in Armenia increased by 5.5% year-on-year – Central Bank
25.04.2025 4.4k
VTB Bank changed mortgage loan terms and conditions
03.01.2025 4.3k
Citizens of Armenia will be able to pay off their loans using income tax funds
Useful information about mortgages
Open AFM journal
18.08.2026 2.2k
Armenia measures for the first time which banks artificial intelligence actually "sees"
17.08.2026 1.7k
Apartment Renovation Budget: How to Calculate Costs and Avoid Unexpected Expenses
07.08.2026 3.3k
How to Choose a Mortgage with the Most Favorable Terms in Armenia in 2026?
24.06.2026 2k
How to Combine Several Loans into One and When It Is Beneficial
16.06.2026 2k
How to Transfer Your Loan to Another Bank to Reduce the Interest Rate or Increase the Loan Amount
27.01.2026 7.3k