Real Estate in Yerevan, Armenia

"We rent a 3-Bdrm 2-BA (unusual) apartment with a roof garden in the center of the city for $700 a month," explained one expat living in Yerevan, Armenia.

"1. It is important to research the local market and familiarize yourself with the current real estate trends in Yerevan. 2. It is also important to understand the legal framework for buying property in Armenia, including the registration process and any taxes or fees associated with the purchase. 3. It is recommended to hire a local lawyer to help you navigate the legal process and ensure that all documents are in order. 4. It is also important to consider the location of the property and the surrounding infrastructure, such as access to public transportation, schools, and other amenities. 5. It is also important to consider the condition of the property and any potential renovation or repair costs that may be necessary. 6. Finally, it is important to understand the financing options available and to ensure that you have the necessary funds to complete the purchase," explained one expat in Yerevan.

"Yes, foreigners are allowed to own property in Yerevan. The Armenian government permits foreign nationals to purchase and own real estate, including land, residential, and commercial properties. However, there are some restrictions on agricultural land ownership, which is reserved for Armenian citizens and legal entities. Foreigners can still lease agricultural land for long-term use. It is essential for foreign buyers to work with a local lawyer to ensure compliance with all legal requirements and proper registration of the property," said one foreigner living in Yerevan, Armenia.

"In a rental property in Yerevan, tenants can typically expect to find a refrigerator, stove, oven, and washing machine. Other common appliances include a microwave, dishwasher, and air conditioning unit. Depending on the property, tenants may also find a clothes dryer, water heater, and other small appliances," said one person in Yerevan.

"Expats searching for homes in Yerevan typically start by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, expats can reach out to local real estate agents who are familiar with the area and can help them find a suitable home. Some expats may also choose to visit Yerevan in person to explore different neighborhoods and attend open houses or schedule viewings with property owners. Networking with locals and other expats can also be helpful in finding potential rental or purchase opportunities that may not be advertised online," remarked one foreigner who made the move to Yerevan.