Novotel · Tsaghkadzor · Armenia
Your apartment
in the mountains
of Armenia.
Serviced apartments with Accor hotel management. Live in it yourself — or earn 8–14% in hard currency by handing it over to the operator.
The property
Novotel Tsaghkadzor
Branded Accor hotel · 10 floors · 310 apartments in full ownership
Restaurants, SPA, pool · Title registered in the Cadastre of Armenia
Ownership format
It’s not a hotel room.
It’s your apartment — with hotel service.
You get an apartment in full ownership, with the title registered in the Cadastre of Armenia — and you decide how to use it. Flexibility a regular hotel room can’t offer.
Hotel program — run by the operator
Hand your apartment over to Le Rond management under the Accor brand. The operator finds guests, checks them in and services everything — you do nothing. The apartment works like a hotel room and earns.
- 8–14% p.a. in hard currency, audited by Cushman & Wakefield
- 20 nights of personal stay per year — free
- ALL Gold status: −20% at 5,600+ Accor hotels
- Fully passive — the operator manages it for you
Your own apartment — you decide
It’s a full apartment in ownership, not a hotel room. With no obligations to the operator, you choose whether to live in it or rent it out.
- Live yourself: resort, SPA and restaurants at your doorstep
- Or rent long-term directly — your terms, your tenants
- Armenian residence permit for the whole family
- Title in the Cadastre of Armenia — an asset, not a deposit
And it’s not a one-time choice. Put the apartment under management now and take it back later — to live in or rent yourself. You’re not locked into one model, because it’s your property.
Discuss a scenario →Returns
8–14% per year in FX
Independent audit by Cushman & Wakefield. Managed by Le Rond Group (Cosmos Stay Le Rond Sochi). Annual payouts.
Payment terms
Instalments up to 4 years
On signing
Down payment from ~$19,000. Price is fixed on the contract date.
Over the first year
Interest-free, in equal monthly payments.
Balance
At once (7% discount) or instalments up to 4 years at +10% / year.
Included in the deal
What else you get
Armenian residence permit
Lawyers, documents and state fees included. 5-year permit, renewable. Visa-free with Russia, bank account in 1 day.
Smart Visit
Flights and 7 nights for two, free, during the deal. See the property and meet the project team in person.
SPA & Medical Wellness
A full medical-wellness centre: 6 massage rooms, 4 doctors, halotherapy, hydrotherapy, pools, VIP suite.
ALL Gold status
Premium Accor Live Limitless status: −20% at 5,600+ hotels worldwide, upgrades, early check-in.
Accor Live Limitless
ALL Gold status
for every owner
By buying an apartment in Novotel Tsaghkadzor you automatically get premium ALL Gold status — the Accor loyalty program covering over 5,600 hotels in 110 countries: Sofitel, Pullman, Novotel, Mövenpick, Mercure, Ibis, Raffles, Fairmont, Swissôtel and more.
It’s not just a discount card — it’s a premium status usually unlocked only after 30 nights a year at Accor hotels.
Project partners
Interiors
Your apartment
Special terms
Offers
Smart Visit — flights credited
Fly in to see the property in person. Ticket and stay costs are credited toward your purchase.
Learn more →0% instalments20/20/60 — no bank
20% down. Another 20% over the year, interest-free. Balance — until handover in Q3 2027.
Calculate →NewResidence permit for the family
On purchase — Armenian residence in 30 days. Visa-free to 90+ countries, EAEU, Russian licence valid.
Learn →Availability
Choose a floor
Apartments are sold in Armenian dram (֏). USD prices are indicative (≈385 ֏/$).
Leave a request
A manager will contact you within an hour with a PDF presentation and a calculation for your budget.
Or call: +374 44 777 999