Prospect24

Investment packages for state-owned properties

In partnership with the State Property Management Committee of the Republic of Armenia, Prospect 24 prepares comprehensive investment packages for state property subject to alienation.

How the partnership works

On January 24, 2025, the State Property Management Committee and Prospect 24 signed a memorandum of cooperation. Prospect 24 was selected through a two-stage competitive process to prepare investment packages for state-owned real estate subject to alienation.

Before each property is offered for sale, Prospect 24 conducts urban development, financial, and economic analysis using the latest tools. The result is a comprehensive investment package that allows potential buyers to evaluate the property's opportunities in advance — and significantly reduces bureaucratic procedures after acquisition.

What each property package includes

  1. Real estate data

    Area, location, purpose and current land use classification

  2. Development vision

    In accordance with the community master plan and zoning regulations

  3. Infrastructure information

    Roads, electricity, gas, water supply and communications

  4. Analyses

    Market trends, financial flows and development proposals

  5. Design and planning

    Sketches, marketing and financial plans for the property

  6. Prior permits

    From community and state authorities for project implementation

  7. Risk management

    Risk assessment and mitigation steps for informed decisions

Visit the State Property Management Committee website

Listed properties

Properties currently available or upcoming for alienation.

Showing 6 properties.

Interested in state property opportunities?

Contact us to learn more about upcoming listings, or explore our packages to understand the full scope of analysis we provide for each property.