△PYRAMID DEVELOPMENT Request Investor Memo
RUAMENTR
Concept rendering of Pyramid Residence

PREMIUM RESIDENTIAL DEVELOPMENT · YEREVAN

PYRAMID
RESIDENCE

A new-generation gated residential complex with three stepped buildings, a private park, three pool zones, wellness facilities, children’s and sports amenities, underground parking and panoramic terraces.

Investment ModelExplore the Project
3buildings
15 / 12 / 12floors*
~30 000 m²residential sellable*
~260–280residences*

CONCEPT

Architecture That Becomes an Asset

Pyramid Residence is conceived as a self-contained premium urban environment. The 15-storey central building forms the architectural peak, while two 12-storey side buildings create the stepped silhouette. Residential floors begin on level two; the ground floor is dedicated to lobbies, services and a limited amount of commercial space.

A Balcony for Every ResidenceCorner residences feature enlarged terraces.
Gated Private GroundsControlled access, concierge service and a private landscaped garden.
Three Pool ZonesFamily pool, panorama pool and a year-round wellness pool.
Rooftops as a Premium AmenityReserved for rooftop lounge / helipad use, subject to all required approvals.
Aerial view of the complex
Conceptual masterplan. Final positioning depends on site parameters and planning approvals.

RESIDENCES

Residence Collection

Preliminary unit mix for the financial model. Areas and quantities will be refined after architectural optimization.

Compact residence interior
1-bedroom

55–70 m²

Efficient urban residence with a balcony and premium finish option.

Two-bedroom residence interior
2-bedroom

75–110 m²

Core high-liquidity format for families and long-term living.

Family residence interior
3-bedroom

115–160 m²

Family residences with enlarged living areas and panoramic glazing.

Penthouse interior
Penthouse

250–450+ m²

Limited top-floor collection with large terraces and private lift lobbies.

AMENITIES

A Resort Experience Within the City

Family pool area
Family Garden PoolChildren’s water zone, cabanas and café/lounge.
Infinity pool
Panorama PoolThe project’s signature visual centerpiece.
Pool lounge area
Wellness ClubIndoor pool, spa, sauna, hammam and gym.
Children’s area
Kids ClubOutdoor playground + indoor club.
Sports area
SportPadel / multifunction court / running route.
Underground parking
ParkingTarget 400–450 spaces with EV charging.

WHY ARMENIA · 2026

Investment Thesis: Growth, Construction and Private Capital

Armenia entered 2026 with strong domestic-demand momentum. According to the World Bank, real GDP grew by 7,2% in 2025; private investment increased by 15,6%, while construction expanded by 21%. In June 2026, the IMF expected approximately 5,25% real GDP growth in 2026.

For a developer, this does not guarantee real-estate price appreciation, but it creates a supportive macro backdrop: economic expansion, investment activity and a strong contribution from construction. The project investment case must still be validated independently through location, permitted GFA, development cost, sales velocity and availability of project finance.

7,2%GDP growth, 2025
15,6%investment growth, 2025
21%construction growth, 2025
~5,25%GDP growth forecast, 2026

Sources: World Bank, Armenia country overview (2026); IMF First Review under SBA, June 2026. Links are provided in the Sources section below.

Investor Due-Diligence Checklist

  • Legal title and site restrictions
  • Permitted height, density and sellable area
  • Geology, seismic requirements and foundation cost
  • Utility connections
  • Tax model and the special-account regime for buyer funds
  • Bank covenants and maximum funding gap

INVESTMENT CASE

Illustrative Project Capital Structure

Land partnerland / economic contribution
Seed / equitydesign, permits, launch
Project financebank project-finance facility
Presalesbuyer funds released in accordance with applicable law
Preliminary GSV*~AMD 35.5 bnIllustrative scenario value, not a valuation.
All-in development cost*~AMD 24–28 bnWide preliminary range pending site confirmation and tendering.
Residential sellable area*~30 000 m²Subject to architectural and permit confirmation.
Indicative development horizon*~4 yearsLand → permit → finance → build → handover.
* All project figures are preliminary conceptual assumptions for discussion with sponsors and partners. They do not constitute a public offer, a promise of returns, a valuation or a guarantee of results. Any investment decision should be based on legal, technical, tax and financial due diligence.

ROADMAP

From Land Partnership to Handover

  1. 01Feasibility & DDTitle, zoning, geology, massing and land valuation.
  2. 02SPV & PartnershipCorporate structure, shareholder agreement and distribution waterfall.
  3. 03Design & PermitConcept, design, engineering and permits.
  4. 04BankabilityCost plan, lender model, sales strategy and security package.
  5. 05Launch & ConstructionSales under the applicable legal framework, project finance and construction.
  6. 06Handover & ExitCommissioning, handover, debt repayment and distribution of capital and profit.

PRIVATE INVESTOR ACCESS

Request Partner Package

The next version of the site can include a secure data room with site documents, valuation, financial model, permit tracker, architectural materials and transaction structure.

Sources and Notes

World Bank — Armenia country overview: GDP growth of 7.2% in 2025, private investment growth of 15.6%, construction growth of 21%, and a 5.3% growth forecast for 2026.

IMF — June 9, 2026: expected real GDP growth of about 5¼% in 2026; strong economic activity and continuing external risks were noted.

Architectural images on this website are conceptual AI renderings and do not constitute an approved architectural design.