New City Projects, one of Armenia’s leading real estate developers, will participate in the International Property Show (IPS) for the first time this year, marking a milestone as Armenia makes its first significant appearance at the region’s premier property event.

Specializing in modern residential developments in the premium and comfort segments, New City Projects plans to present four premium projects at IPS 2026: Lotus, Orion, and Novem in Armenia’s capital city, Yerevan, as well as Pallada – a distinctive complex in the heart of Tsaghkadzor, the country’s most renowned mountain ski resort, less than an hour from Yerevan.

Among these, Lotus is set to become one of New City Projects’ most refined developments. Designed as a quiet, elegant residential retreat, it combines contemporary architecture with understated luxury, offering a balanced living environment where aesthetics, comfort, and functionality come together.
Located just minutes from Yerevan’s city center in the prestigious and green district of Nork-Marash, Lotus will provide residents with tranquility while remaining well-connected to the city’s main destinations. The elevated site offers panoramic views of Yerevan and Mount Ararat, with Zvartnots International Airport reachable in about 20 minutes.

The development will feature 162 premium apartments, ranging from 54 sq m to penthouses of up to 352 sq m. Selected units include terraces that extend living spaces outdoors, while a variety of thoughtfully designed layouts cater to both family living and long-term investment purposes.
To complement the residential experience, Lotus offers an array of amenities, including a modern climate control system, secure underground parking, a 3,000 sq m landscaped courtyard, a children’s playground, a gym, an on-site café, and 24/7 security, creating a safe, family-oriented environment with privacy and convenience.

Beyond lifestyle benefits, investing in Armenian real estate – particularly in developments by New City Projects – offers a compelling long-term opportunity. Sustained economic growth, a favorable business climate, and a steadily increasing tourist flow strengthen the country’s investment appeal. Demand for quality residential property among local and international buyers positions these developments not only as prestigious homes but also as valuable assets with strong potential.
New City Projects’ IPS 2026 debut opens a new chapter in introducing Armenia to the global real estate community, positioning the country and its developments on the international stage.