The Vahakni Residential Community is a completely innovative approach to a new culture and living standards philosophy in a modern Armenian society. It is constructed and built by the Hovnanian International Ltd., which operates on the Armenian construction and real estate market for 10 years.
Conveniently located on the edge of Yerevan, The Vahakni Residential Community is only 11.6 km from the center of the city, which makes 15 min drive at most. The magnificent snow-capped peaks of Ararat, Aragats and Ara Mountains serve as a stunning natural backdrop for this private, gated community that fits harmonically into the surrounding landscape.
Mr. Vahak Hovnanian - the owner and founder - is a successful businessman, real estate developer and philanthropist. During his more than fifty-year experience in the field, he has developed and built over five thousand homes and commercial properties throughout the United States of America and Europe.
The Vahakni Residential Community intends to raise more than 700 first-class homes and houses for 2300 apartments with urbanized infrastructure and facilities and designed with an original architectural solution. Adjacent to the Vahakni Residential Community is Ararat Valley Country Club which is a favorite gathering place for residents and their guests. In the nearest future it is planned to build a modern western-style shopping mall where both local and foreign companies and businesses would be welcomed to open their stores and offices. Plans are developed to build an international school where the curriculum would meet the highest international standards.