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
Real estate data
Area, location, purpose and current land use classification
Development vision
In accordance with the community master plan and zoning regulations
Infrastructure information
Roads, electricity, gas, water supply and communications
Analyses
Market trends, financial flows and development proposals
Design and planning
Sketches, marketing and financial plans for the property
Prior permits
From community and state authorities for project implementation
Risk management
Risk assessment and mitigation steps for informed decisions
Listed properties
Properties currently available or upcoming for alienation.
Showing 6 properties.
Active tenderClosing Sep 15, 2026Historic Building, 45 Moskovyan St.
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Active tenderClosing Nov 30, 2026Mixed-use Land Plot, Parakar
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UpcomingTender opens Q2 2026Former Cinema "Nairi"
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UpcomingTender opens Q3 2026Industrial Land Plot, Masis
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CompletedSold · Jan 2026Former Administrative Building
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CompletedSold · Oct 2025Land Plot, Abovyan District
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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.