GLOBEALERT
BUSINESS● LOW20h ago · Oct 13, 2026, 5:00 AM

Rent spikes in Georgia and Armenia as Russians flee fearing mobilisation

EuroNews [en] · eastern europe

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.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business