Monthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022.
Monthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022. Russian nationals account for 72% of all foreign property transactions in Armenia.
Read the full original article: https://www.euronews.com/2026/10/13/rent-spikes-in-georgia-and-armenia-as-russians-flee-fearing-mobilisation
Sources: euronews_world
Listen on air.
Catch the international world press review on GLAMS Radio in continuous rotation.