Russians Rush to Rent Apartments in Armenia Amid Mobilization Fears
9 Articles
9 Articles
Russians' interest in moving to Armenia has been growing rapidly in recent months. According to local real estate agents, the situation in Yerevan is starting to resemble 2022 after the invasion of Ukraine began. Demand for housing is much higher than usual and rental prices are rising. Many of the new arrivals are planning to move before the September elections in Russia, as there is talk of a mobilization of up to half a million people after t…
Russian Mobilization Fears Trigger New Exodus, Sending Armenian Rent Prices Soaring
Demand for housing among Russians in Yerevan has surged to levels local realtors compare with the 2022 emigration wave, driving rents in the Armenian capital up by around 30% in three months, Verstka reported on July 28. The rush is being fueled by rumors of another wave of military mobilization in Russia. Realtors in Yerevan told the Russian outlet that demand was “huge” and prices had become “just crazy.” We bring you stories from the ground.…
The interest of Russians in the Erevan apartments rose to the level of the period of the outbreak of the full-scale war against Ukraine and the mobilization of 2022.
Realtors are calling demand "insane," and prices have already risen by almost a third. Armenia has seen a sharp increase in demand for rental and purchase housing among Russians. Realtors are comparing the situation to the mass migration of 2022 during the "partial mobilization" declared in Russia. This was reported by RBC-Ukraine, citing the publication "Verstka." According to local real estate experts, rental prices in Yerevan have increased b…
According to the independent Russian publication Verstka, Russians are increasingly interested in real estate in Armenia, which in turn is driving up rental prices for apartments in Yerevan.
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