For one month, the real estate market in Yerevan, Gyumri and other cities of Armenia changed radically. It is almost impossible to rent an apartment in Yerevan, and the minimum rental price through the agency is 800 dollars. The average monthly salary in Armenia in January 2022 was equal to 204,000 dramas (approximately $ 425). At the same time, at the beginning of the year it was easy to find apartments for 100-150 thousand drams (200-300 dollars).
Raising property rental prices is associated with the influx of migrants from Russia. Since the beginning of the war, according to Civilnet.am on March 12, more than 50 thousand Russians arrived in Armenia. Landlords and agencies decided to sell on it and raised prices sharply, and some of them went further – they drive out current tenants and populate rich migrants, ready to pay significantly large sums.
Doha’s edition, referring to local residents writes that in Yerevan already refuse to rent apartments to Armenians.
Arevik Mikaelian lives together with his sisters of the center of Yerevan. Previously, they paid 135 thousand drams (470 manat-conducted), now the landlord asks 250 and this is not a single case. Everywhere the Rent increases in two, and even three times.
with a similar situation also collided by the Eldo Gavrilof-Dernigosyan, who removed the apartment in Yerevan for $ 400.
“First, the landlord raised the price of up to $ 500, and I agreed to pay it. However, he stated a new amount – $ 800. And then evicted me. The landlord explained this by the emergence of the family from Russia,” the girl complains.
It should be noted that in addition to the Armenians, the Russians who fled to Armenia are complaining of the situation on the current situation.
they complain about the ignorance of the Russian language, to refuse to serve them in restaurants and fraud, with which they face everywhere.