Armenian Economy Minister Vahan Kerobyan confirmed media reports saying that Turkish citizens have been actively acquiring property in Armenia.
Speaking at a press briefing after today’s government meeting Kerobyan said: ‘Turkish citizens have always purchased real estate and companies in Armenia.’
"This kind of thing has always happened, for example, buying real estate, companies," Kerobyan noted.
He refused to name real estate bought by Turkish citizens and how much money they paid, suggesting that journalists ask the Cadastre Committee, the State Register and the Central Depository for more details about the properties Turkish nationals buy and own in Armenia.
