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Yes Mosjan I have seen it, even went inside and looked couple of years ago when it was just beginning construction, across from it is 15 "kvartal" yes? Does it any way resemble Yerevan? My point is why not have diversity as long as it contains architectural symmetry, not today but maybe 3, 4, 5 years down the road local could afford, right now, and I was told at that time, diplomats and Diaspora Armenians have already reserved significant share of the property
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The point is to develop something that will have positive social and communial impact along with turning it into profitable business. Such mentality is simply absent.

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good comment Gamavor, but I would be much happier if Hovannian or any of these guys would donate some money or start a project to renovate the crumbling Soviet style apartment complexes that people still live in Armenia with the awful smells coming from the non-collected garbage cans, broken or dangerously hanging elevators. Anybody who knows Armenia will recognize what I am talking about. I think this will cost much less and will add a communal value as well as an aesthetic one to the city since 99% of these buildings look awful from outside as well.

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Yes Mosjan I have seen it, even went inside and looked couple of years ago when it was just beginning construction, across from it is 15 "kvartal" yes? Does it any way resemble Yerevan?  My point is why not have diversity as long as it contains architectural symmetry, not today but maybe 3, 4, 5 years down the road local could afford, right now, and I was told at that time, diplomats and Diaspora Armenians have already reserved significant share of the property

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No ED jan this is new - it is not finished yet - or it was not finished yet in June

 

mi qich jamanak tur n@kar@ k@dnem

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..........Sitting here in Diaspora we can cretisize and have our own hypocritical opinions, that does not matter for the worker who is paid to build those houses, I like them as long as those houses contain Armenian tradition and soul within there walls.

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Bud, I live in Armenia, I don't live in the Diaspora.

 

As far as creating jobs for locals of course that is awesome, but I suppose it would have even been even nicer if they used local materials or materials processed here rather than importing EVERYTHING. And by the way, in the past 3 or more years they have built less than 10 houses if I'm not mistaken. Their dream is to build a couple of hundred or more, yet they are not attracting many customers.

 

Whatever the case Hovnannian is not bound to do this but at least he is here and he's contributing somehow. No one is bound to contribute and I'm sure there are tonnes of Armenian millionaires that could care less about Armenia.

 

I've got a pic of that ugly home across the street. Let me see where it is and I'll post it.

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"Hovnannian is not bound to do this but at least he is here and he's contributing"

Contributions by Hovnannian Family are not limited to Building houses in Armenia

Hovnannian have been rebuilding Schools and kindergartens all around Armenia for the passed 6 years

hovnanyans are not duing thsi to make $$$$ - Hovnanyans can stay in NY or in Orange Ca buld teh house and make 2 time s mor.

 

As for the “Armenian millionaires that could care less about Armenia “ I have one correction to make in your statement.

 

Armenians do care and do love Armenia but the problem is some Armenians of Armenia

Not only the millionaires but also the poor people like me can care less abut SOME Armenians in Armenia who are taking advantage of Diaspora Armenians, Armenians who take advantage of any situation to milk anyone, the words “ Aper K@pav – LOsi Razza eli “ sound familiar ? – well I was looking at a property close to Cascade, and the broker was trying his best to get the deposit, I took 2 minutes to look over the neighborhood only to return and find him bragging over his cell phone “ k@pav aper hesa Losi RAzza esi vor arni” ……

Well my fist still hurts but my hart hurts even more…… f*** him and his like…… I did get the property for much much less

 

I was in Armenia for 33 days, have spend most of my time looking in many opportunities to invest…

 

tell you what - wan Armenians in Armenia start treating Diaspora Armenia as equal, wan a LOW will be enforced in Armenia, wan the government of Armenia starts careing for it’s people like HUMANS, and starts offering better protection then “yes you have $$$ you can open a hotel but your partner has to be GRzo or Dod or some General Seyran” then even more Diaspora Armenians will invest in properties and businesses in Armenia, even will go back to our beloved Homeland. Yes it’s also our Homeland Not only yours

 

As of now our family owns few properties in Armenia, wan purchasing this properties we did not look at them as investment but us a place to go back to raze our children……

 

Armenia need’s more Hovnannians, Khrimians and Krikoryans to invest – but Diaspora need’s to fell equal to Armenians of Armenia, need’s to fell secure and protected by the government…

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"Hovnannian is not bound to do this but at least he is here and he's contributing"

Contributions  by Hovnannian Family  are not limited to Building houses in Armenia

Hovnannian  have been  rebuilding Schools and kindergartens all around  Armenia  for the passed 6 years

hovnanyans  are not  duing thsi  to make  $$$$ - Hovnanyans  can stay in NY or  in Orange  Ca  buld  teh house and  make  2  time s mor.

 

As  for the “Armenian millionaires that could care less about Armenia “ I have  one  correction to make in your statement.

 

Armenians do care and  do love Armenia but the problem is some Armenians  of  Armenia

Not only the millionaires but  also the poor people like me  can care less abut SOME Armenians in Armenia who  are taking advantage of  Diaspora Armenians, Armenians  who take  advantage  of  any  situation to milk anyone, the words “ Aper K@pav – LOsi Razza  eli “ sound familiar ? – well I  was  looking  at a  property close to Cascade, and  the broker was trying  his  best to  get the  deposit, I took  2  minutes  to look over the neighborhood  only to return and  find  him  bragging  over his cell phone  “ k@pav aper hesa Losi RAzza esi vor arni” ……

Well my  fist still hurts but my hart  hurts  even  more……  f*** him  and  his  like…… I did  get the property for much much less

 

I  was in Armenia  for  33 days, have  spend most  of my time  looking in many opportunities to invest…

 

tell you  what - wan  Armenians  in Armenia start treating Diaspora Armenia  as  equal,  wan a  LOW  will be  enforced in Armenia,  wan the government of  Armenia starts careing  for it’s people like  HUMANS, and starts offering better  protection then “yes you have $$$  you can open a  hotel  but your  partner has to be GRzo or Dod  or  some  General Seyran” then  even more Diaspora Armenians  will invest in properties and businesses  in Armenia, even  will go back to our beloved Homeland. Yes it’s also our  Homeland Not only yours

 

As of  now  our  family  owns  few properties in Armenia, wan  purchasing this properties  we did not  look at them as investment but  us a  place to go back to raze  our  children……

 

Armenia need’s  more Hovnannians, Khrimians  and Krikoryans to invest – but  Diaspora need’s to fell equal to Armenians of Armenia, need’s to fell secure and protected by the government…

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Communication through internet SUCKS!

MosJan you've twisted what I have said and I will try to correct what you have misinterpretted.

 

I can write you a list of everything Hovnannian has done in Armenia and in the Diaspora. It is a long list. I said that HE IS NOT BOUND TO MAKE THESE CONTRIBUTIONS. No one is holding him by the balls saying "Do this, do that for Armenians", he is doing it because he is very patriotic. Do you understand now?

 

I agree with most of what you are saying, but dude you need to relax.

 

And this comment you made "Yes it’s also our Homeland Not only yours " ------ who was this directed to? I wasn't monopolizing Armenia dude. I have lived here for a couple of years now, I am a pure Diasporan bud. 100%

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Communication through internet SUCKS!

MosJan you've twisted what I have said and I will try to correct what you have misinterpretted.

 

I can write you a list of everything Hovnannian has done in Armenia and in the Diaspora. It is a long list. I said that HE IS NOT BOUND TO MAKE THESE CONTRIBUTIONS. No one is holding him by the balls saying "Do this, do that for Armenians", he is doing it because he is very patriotic. Do you understand now?

 

I agree with most of what you are saying, but dude you need to relax.

 

And this comment you made "Yes it’s also our  Homeland Not only yours "   ------ who was this directed to? I wasn't monopolizing Armenia dude. I have lived here for a couple of years now, I am a pure Diasporan bud. 100%

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directed to anyone who still thinks that Spyurk Armenians are 2nd or 3rd Sort Armenians

 

you don't understand do you

My post was directed to our Armenians who are taking advantage of others, if you pay closer attention to my post you will see >>> SOM Armenians <<<

Armenians from abroad have been milked badly – way to many scams ….. starting from the church constractions ending by rebuilding museums and orphanages

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directed to anyone  who still thinks  that  Spyurk Armenians  are  2nd or 3rd Sort Armenians

 

you  don't understand do you

My  post  was  directed  to our  Armenians who are taking  advantage of others,  if you  pay  closer attention to  my post  you will see >>> SOM Armenians <<<

Armenians from abroad have been  milked badly – way to many  scams  …..  starting from the church constractions ending  by rebuilding  museums and orphanages

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When you say SOM is that an acronym or do you mean "some"? MosJan your spelling is horrible, maybe that is why I don't understand what you have to say.

 

Whatever the case you are angry if I am not mistaken, right?

 

Armenians NOT ONLY ABROAD but Armenians in general are being milked everyday, all around the world, and this has existed, I'm sure, for centuries. Spyurqs don't trust other spyurqs, spyurqs don't trust Hayastantsis, Hayastantsis don't trust eachother, and they don't trust spyurqs as well. We have MAJOR TRUST ISSUES.

 

Spyurqs have slowly gotten their acts together and are having people sent to Armenia to keep a close eye on whatever investments or money they are contributing to Armenia. This is the right way to do it. 70 years of bullshit communism has not moulded our fellow Armenians in Armenia into the most generous people. But the new generations are becoming more and more beautiful in every sense, and they can be trusted more and more. I friggen HATE when people bad mouth others. Maybe this is my Christian side talking, but I'm SICK of spyurqs that talk BS about Hayastantsis without even for a split second thinking about what BS they have grown up with because of the BS SOVIET UNION.

 

Back to Hovnannian, he is doing a good job. As boring as I think his houses are, he's contributing in some way with this project.

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  • 2 months later...

Moso,

 

Whats the going price for 3 or 4 bedrooms in kentron or bagramian,

or some place in between ?

 

I am planning going down next year thinking that I may want to get a place, for the same reasons as you, not an investment but a place for kids to stay over the summer

 

 

Vahagni seems to be overpriced, no ?

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Moso,

 

Whats the going price for 3 or 4 bedrooms in kentron or bagramian,

or some place in between ?

 

I am planning going down next year thinking that I may want to get a place, for the same reasons as you, not an investment but a place for kids to stay over the summer

Vahagni seems to be overpriced, no ?

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i was in Armenia in June - 1 bedroom in Kentron was starting at 45~50k

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  • 6 months later...
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  • 3 weeks later...

Artsax diary

 

COSTS OF REAL ESTATE IN ARTSAKH RISE YEAR BY YEAR

 

According to the data of the Real Estate Cadastre of Nagorno Artsax, the authorities of the republic completed topographic works of 85 village communities included Askeran region during 2000-2004. Rights for ownership of real estate were registered in 71 communities of Artsax. More real estate owners came up in Stepanakert and Askeran region, the least in Shushi region.

 

In Stepanakert it is the buildings of public importance that are more often hired and in regions -- lands for agricultural aims. The number of mortgage contracts in 2004 increased twice against 2003. Stepanakert is leading in number of mortgaged the real estate. Of 395 contracts signed in 2004, 327 were signed in Stepanakert.

 

The greatest change in the real estate market took place in the market of many-storied buildings and houses. In 2003, 1 sq. meter of an apartment in a many-storied building in Stepanakert cost $105. Last year, this figure rose up to $147.5 for 1 sq. meter.

 

Prices most profoundly fluctuated in Shushi. The minimal price of a flat in Shushi in 2003 was $7 for 1 sq. meter, in 2004 it was $16. Despite this growth, real estate in Shushi still remains the lowest in Artsakh.

 

Stepanakert is leading with the highest prices for real estate. Specialists say that the prices for real estate will keep rising henceforth.

 

By Kim Gabrielian in Stepanakert

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  • 2 years later...

For Residential Houses

 

20% down payment from the total amount is due on signing of the preliminary contract.

50% of the total amount are scheduled to be paid during upcoming six months on monthly basis.

The remaining 30% to be paid on closing of the house

Financing of up to 30% purchase price is available to qualified buyers at 8% annually from HSBC bank.

 

For Town Houses

 

20% down payment from the total amount is due on signing of the preliminary contract. 50% of the total amount are scheduled to be paid during upcoming six months on monthly basis.

The remaining 30% to be paid on closing of the house.

For Land Purchase

 

In case of a Land Purchase, payment is made all at once.

© Hovnanian International 2004 - 07

 

http://www.vahakni.com/

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