Industry: Real Estate
Sector: Construction of buildings
SIC Code: 15220000 RESIDENTIAL CONSTRUCTION, NEC
Country of Origin: Armenia |
Target Countries: Armenia
Target Areas: Worldwide
Creation of new alpine residential district in the Vayots Dzor Marz region, near the Kechut reservoir, next to the Lermuk resort town. The project envisages construction of private houses in the territory of 40 thousand square meters.
Houses can be up to 3 floors and predictive areas for them are divided into 3 main types.
Capital required: EUR EUR 41.000.000
Budget -50 million USD
Type of Investment - Green-field
Total area of the land -20 hectares (from which 40,000 m2 is building area)
Construction period -2-4 years
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