Pallada is a unique residential complex, which seamlessly blends daily life, relaxation, health, sports and entertainment.

The Residential Complex in the Heart of the Tourist City

Pallada is being built in the centre of Tsaghkadzor (on Tsaghkunyats Square), one of the favourite tourist cities of Armenia. The city, renowned for its picturesque nature, provides ideal opportunities to have a great vacation in all seasons of the year. Here, the necessary conditions are created for both passive rest and extreme entertainment.

The city is located on the slope of Mount Teghenis, on the left bank of the Marmarik River. In Tsaghkadzor, there is Kecharis Monastery Complex, the ski resort, Orbeli Brothers House-Museum, the ropeway, the zipline, and one can reach Bjni Fortress and Lake Sevan in a short time.

Necessary Conditions for a Wonderful Lifestyle

This residential complex consists of 8 buildings. Each apartment of Pallada is a hotel room, offering 24-hour concierge, apartment cleaning and security services. 

Pallada features amenities such as a swimming pool, a spa centre, a gym, a tennis court, underground parking and a rooftop helipad, parking for ATVs and snowmobiles, as well as a ski storage-dryer. The complex is planned to have a large, green and well-maintained courtyard area, a supermarket, restaurants, cafes, an outdoor children's playground and a game hall. 

The end of construction is scheduled for 2026.

Apartment Purchase Terms

It is possible to buy an apartment in Pallada through several options.

When making a purchase with a mortgage loan, we cooperate with Ameriabank. The advance payment is 10%, the annual percentage rate is 13-13,5%.

When opting for phased repayment, a 15% advance payment is made, and the remaining amount is paid according to an individual schedule before the end of construction.

For more detailed information, please call us at 060 444 777 or visit the offices of New City Projects.

Addresses: 

4 Tsaghkunyats Square, Tsaghkadzor

1/2 Hrachya Tamrazyan Street, Yerevan