Real estate & relocation for businesses in Yerevan
Capeto Estate coordinates end-to-end real estate sourcing, team relocation, and operational setup for foreign businesses entering Armenia. We serve IT and technology companies, trading operations, manufacturers, and hospitality groups — operating natively in English, Russian, and Chinese.
- Full-building hotel leases for IT engineering teams of 20–120+ people — our signature B2B offering
- Office space, industrial facilities, commercial acquisitions — all property types coordinated
- End-to-end coordination — real estate, legal, banking, immigration, operational setup in one engagement
- English, Russian, Chinese (Mandarin) — native or near-native in all three
- Ongoing partnership — we stay with clients throughout the lease, not just to signature
- Initial consultation is free — including for clients still evaluating whether Armenia is the right fit
Four verticals. One point of contact.
Capeto Estate works with foreign companies across four primary verticals where our team has direct operational experience and partner depth:
- IT and technology companies — software development, AI/ML, gaming studios, fintech, SaaS, and any engineering-led business considering Yerevan as a primary or secondary location
- Trading and import-export businesses — companies leveraging Armenia's EAEU membership for tariff-free access to Russia, Belarus, Kazakhstan, and Kyrgyzstan, or its CEPA agreement with the EU
- Manufacturing and light industry — companies establishing production facilities, often within Armenia's Free Economic Zones for zero-tax operation
- Hospitality groups — investors and operators acquiring or leasing hotel properties, restaurants, and mixed-use venues in Yerevan
We also work with family offices, crypto/Web3 operations, and media studios on a case-by-case basis. Geographically, our clients come from China and East Asia, Russia and the CIS, the United States, Western Europe, and the Gulf states.
See your business here? We work best when clients come with a specific situation, not a generic enquiry. Tell us your vertical, location, and timeline.
Tell us about your business → · All contacts → ·Four service areas. Most engagements use all four.
2.1 Real estate sourcing and brokerage
- Office space — Class A and B in Kentron, Arabkir, Davtashen, and other business districts
- Industrial and warehouse space — including Free Economic Zones and logistics-strong locations
- Entire hotel buildings — our signature offering for IT and corporate teams (see section 3)
- Commercial property acquisitions — outright purchase of offices, retail, mixed-use
- Long-term residential — apartments and houses for executives and relocating team members
2.2 Relocation coordination
We coordinate with vetted partner firms for all legal, immigration, and financial services. We project-manage the full process so clients have a single point of contact.
- Visa and residence permit support through partner immigration law firms
- Banking introductions to the right Armenian bank for each client profile
- Company registration through partner corporate services firms (3–5 business days)
- Tax and accounting setup, including IT certification for qualifying companies
- Translation in Armenian, Russian, English, and Chinese
2.3 Operational concierge
- Furniture and equipment procurement for offices and team housing
- Internet and utilities setup (200+ Mbps fiber standard)
- Transport coordination, move-in logistics, on-site management
- City orientation for senior team members and families — schools, healthcare, neighborhoods
- Named relationship manager as ongoing point of contact throughout the lease
2.4 Vertical-specific advisory
Beyond universal services, we provide operational guidance specific to each vertical — High-Tech Registry for IT, EAEU customs logistics for trading, FEZ structuring for manufacturing, operational licensing for hospitality. Detail in the vertical pages linked in section 6.
Full-building hotel leases for IT teams
A typical IT relocation places engineers in scattered apartments across the city. This works for individual contractors but creates friction at team scale — coordination overhead, inconsistent quality, varying lease terms, and difficulty maintaining team culture.
We lease entire hotel buildings for IT teams of 20 to 120+ engineers — combining accommodation, common spaces, and team logistics in a single building under a single agreement.
The structure typically includes: private rooms or studio suites for each team member · shared common areas (lobby, dining, meeting rooms) used as social and collaborative spaces · optional in-building working space, eliminating commute · single lease agreement, one payment, one point of contact · bundled services — cleaning, utilities, internet, security · flexible terms of 6–24 months with renewal options.
This format works particularly well for Chinese IT companies relocating engineering teams, where the team-cohesion benefits of shared housing align with operational norms. For teams smaller than 20, we coordinate distributed arrangements — long-term office leases plus residential housing in nearby districts.
Planning to relocate a team of 20 or more engineers? This is exactly what we built for.
We'll send you a shortlist of available hotel buildings within 48 hours of your brief.
The four-stage process
Stage 1 is always free and takes one hour. Most clients say it's the most useful hour they spent on their Armenia decision.
Book a discovery call → · All contacts → ·Six things we do that most others don't
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01
Native trilingual operations: English, Russian, Chinese WeChat is a primary client channel. Among Yerevan brokers, comprehensive Chinese-language operational support is genuinely rare. If you're a Chinese-speaking founder or ops head, we are typically the best local fit.
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02
Vertical specialism, not generalist breadth Four verticals with depth, not every property type for every client. What an engineering team needs differs from what a trading operation needs. We don't pretend otherwise.
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03
End-to-end coordination, not just real estate Most agencies stop at lease signature. Our involvement begins there. Relocation, partner coordination, operational setup, and ongoing concierge are part of the engagement from day one.
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04
Brokerage model — our incentives align with yours We don't own properties. We find them. We don't provide legal services. We coordinate the right firms. This honest framing means we're aligned with finding what's actually best for your situation, not selling our own inventory.
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05
The signature hotel-building lease for IT teams For teams of 20–120+ engineers. Our entire-building lease model is operationally and culturally well-suited and not offered comparably elsewhere in Yerevan.
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06
Bias toward honest assessment When Armenia isn't the right answer, we say so. When a competitor is better suited for a niche we don't serve, we recommend them. We'd rather decline a poor-fit engagement than complete it badly.
Four verticals. Detailed pages for each.
Our deepest vertical. Full-building hotel leases, High-Tech Registry navigation, 1% tax regime structuring, talent market guidance, engineering workspace setup.
IT & Tech servicesArmenia's EAEU membership grants tariff-free trade to Russia, Belarus, Kazakhstan, and Kyrgyzstan. CEPA with EU adds European preferences. Strategic base for China-Gulf-Eurasia trade corridors.
Trading services — enquireFree Economic Zone structure: 0% corporate, property, profit, and customs tax. We source industrial facilities, coordinate FEZ applications, and arrange utilities and operational setup.
Manufacturing services — enquireYerevan's hospitality market expanded significantly post-2022. We source hotel acquisition opportunities, broker hotel and venue leases, and coordinate operational and licensing setup.
Hospitality servicesNot sure which vertical fits your business? Or you're a combination of two? Tell us what you do — we'll tell you how Armenia works for your specific case.
Ask us directly → · All contacts → ·The right partner for every situation
We coordinate with a curated network of specialist partners. We don't list every partner by name — the right partner depends on the specific engagement. We make introductions based on fit.
A 40-engineer relocation: week by week
A representative timeline for a mid-sized IT company relocating from a CIS country, choosing a full-building hotel lease and registering a new Armenian entity:
| Week | Capeto Estate | Partners | Client |
|---|---|---|---|
| Week 1 | Discovery + brief | — | Sign engagement letter; share team profile |
| Weeks 2–3 | Property shortlist + tours | Legal: begin company registration | Founder visit, property tours |
| Week 4 | Lease negotiation, terms agreed | Banking intros; company registered | Approval of selected property |
| Week 5 | Lease signed, deposit paid | Banking: due diligence; Immigration: permits filed | Coordinate team departure logistics |
| Weeks 6–7 | Operational setup: furniture, internet, utilities | Banking: account opened; permits processing | Team arrival begins |
| Weeks 8–10 | Full team move-in, orientation | Tax: IT certification; Permits issued | Operations begin |
| Months 3–12 | Ongoing concierge, lease management, expansion support | Ongoing tax and legal as needed | Sustained operations |
For smaller teams or simpler engagements, timelines are shorter — a single executive relocation can be complete in 2 weeks.
Frequently asked questions
How much does it cost to work with Capeto Estate?
For property sourcing, fees are typically a percentage of the first year's lease or purchase price. For relocation coordination, we structure fixed-scope or project-based fees. Initial consultation is free. We provide a written proposal with fees clearly stated before any work begins.
What's the minimum team size for the full-building hotel lease?
The economics typically work for teams of 20+ engineers. For smaller teams, distributed arrangements — office lease plus nearby residential housing — usually provide a better fit. We discuss this honestly during discovery.
Do you work with companies that haven't decided on Armenia yet?
Yes. Many engagements begin with comparative consultation — clients evaluating Armenia against Georgia, the UAE, or Eastern European hubs. If Armenia isn't the right answer, we say so and refer to partners in the right jurisdiction.
What languages does your team work in?
Natively or near-natively in English, Russian, and Mandarin Chinese. Working Armenian for local administrative work. WeChat, WhatsApp, and Telegram are all primary client channels.
How do you handle confidentiality?
All engagements are governed by mutual confidentiality. We don't disclose client names, deal structures, or details without explicit permission. For high-profile or geopolitically exposed clients, we extend additional protocols including limiting internal team visibility.
What happens after the lease is signed?
We remain your point of contact for the duration of the lease and beyond. Operational issues, renewals, renegotiations, new needs — all handled through the ongoing partnership. This is where the practical value of working with us compounds.
Do you accept cryptocurrency?
For crypto-native operations, we accept stablecoins (USDT, USDC) on a case-by-case basis. Default is wire transfer in USD, EUR, RUB, or AMD. All payments are documented transparently for compliance.
How do you measure whether you're doing a good job?
Client renewal rates and referrals. Most of our new engagements come from existing client referrals. We don't run aggressive lead generation. The metric we optimise for internally: whether the second engagement with a client is more substantial than the first.
Do you handle visa and residence permit applications directly?
No. Visa and residence permit applications are handled by our partner immigration law firms. We coordinate the process end-to-end so you have a single point of contact, but the legal work is performed by licensed immigration professionals. This is for both legal protection and quality assurance.
Can you set up the company itself?
Company registration is handled by partner corporate services and law firms. We coordinate and project-manage the workstream so it integrates with your real estate and relocation timeline, but the actual legal registration is performed by a licensed firm. Typical timeline: 3-5 business days from document submission.
Can I retain Capeto Estate before deciding which country to relocate to?
Yes, on an advisory basis. For clients in the comparison phase, we provide written assessments of Armenia's fit for their business — timelines, costs, and operational considerations. This is structured as a paid advisory engagement separate from any subsequent transaction. It's valuable when a wrong country decision costs months of wasted effort.
Can we visit Yerevan before engaging?
Yes, and we encourage it. For larger engagements, we typically recommend a founder or executive visit before signing. We coordinate the visit — property tours, partner meetings, city orientation — at no charge as part of the discovery process. Most clients find the visit clarifies questions that are difficult to resolve remotely.
What if our needs change after the lease is signed?
Operational changes — lease modifications, additional team members, expansion to new space — are handled within the ongoing partnership. Significant changes are handled honestly: we'll work with you to restructure or unwind the engagement as needed. Brokerage relationships work best when both parties are realistic about how plans evolve.
Initial consultation is free and confidential. We typically respond within one business day.
When reaching out, the most helpful first message includes: your industry and current location · what you're considering Armenia for · approximate team size and timeline · any specific constraints.
Capeto Estate is a real estate brokerage and operational concierge service. Legal, immigration, tax, and accounting services are performed by partner firms licensed and qualified to provide them. For specific advice in those areas, please consult licensed professionals. Last updated: May 2026.