How to Rent a Home in Armenia

Navigating the process of renting a home in Armenia for the first time can feel overwhelming. Numerous questions might arise: Should I consult a lawyer? Are appliances typically included in rentals? How can I discover quality rental properties? Which neighborhoods will best suit my needs? These are just the tip of the iceberg. Dive in for answers to these pressing questions and gain insights from our members who've made Armenia their home.

"Armenia, a country rich in culture and history, is becoming an increasingly popular destination for expats. Whether you're moving for work, study, or simply to experience a new way of life, finding a place to live is one of the first steps in settling into this beautiful country. This guide will provide you with all the necessary information about renting an apartment in Armenia, from finding a property to understanding the legalities involved.

How do you find a rental property in Armenia?

There are several ways to find rental properties in Armenia. Online platforms such as List.am and MyRealty.am are popular and provide a wide range of options. Local newspapers and real estate agencies are also good sources. It's advisable to start your search early and consider hiring a local real estate agent to help navigate the market.

Does Armenia have an MLS type system?

Armenia does not have a Multiple Listing Service (MLS) system like in the United States. However, real estate agencies and online platforms provide comprehensive listings of available properties.

Do brokers have licenses and how do I know if they are licensed?

Yes, real estate brokers in Armenia are required to have a license. You can verify their license by asking to see it or checking with the Ministry of Justice, which maintains a public registry of licensed brokers.

Should I buy or rent in Armenia?

This decision depends on your personal circumstances, such as the length of your stay and financial situation. Renting is often a more flexible option for shorter stays, while buying could be a good investment if you plan to stay long-term.

Is it difficult to find rentals in Armenia?

Finding a rental in Armenia is not typically difficult, especially in larger cities like Yerevan. However, the process can be more challenging in smaller towns or rural areas where there may be fewer available properties.

What documents are required when renting an apartment in Armenia?

When renting an apartment in Armenia, you will typically need to provide a copy of your passport, proof of income, and a signed rental agreement. Some landlords may also require a reference from a previous landlord.

Do I need a lawyer when renting an apartment in Armenia?

While not mandatory, it's advisable to hire a lawyer when renting an apartment in Armenia. A lawyer can help you understand the rental agreement, ensure it's legally sound, and negotiate terms if necessary. Legal fees can vary, but you can expect to pay around $100-$200.

How long is the typical lease for?

The typical lease term in Armenia is one year, but shorter or longer terms can be negotiated depending on the landlord's flexibility and the tenant's needs.

Do I have to pay a deposit?

Yes, a security deposit is typically required when renting an apartment in Armenia. This is usually equivalent to one month's rent but can vary depending on the landlord.

What other upfront costs are there when renting?

Other upfront costs can include the first month's rent, a real estate agent's fee (if used), and potentially a lawyer's fee. It's also common for tenants to pay for any necessary repairs or improvements to the property.

Are utilities included?

Utilities are typically not included in the rent and are the responsibility of the tenant. The cost of utilities can vary but is generally affordable. It's important to clarify this with the landlord before signing the lease.

Are furnished or unfurnished rentals more popular?

Both furnished and unfurnished rentals are available in Armenia. Furnished apartments usually include basic furniture and appliances such as a refrigerator and stove. Unfurnished apartments may not include any appliances. The choice between furnished and unfurnished largely depends on your personal needs and budget," said one expat living in Armenia.

Expats Talk about How they Found their Home

"One of the best ways to find a place to live in Armenia is to search online for rental listings. There are many websites that offer listings of apartments, houses, and other types of rental properties in Armenia. Additionally, you can also search for rental listings in local newspapers and magazines. Additionally, you can also ask friends and family who live in Armenia for recommendations. Finally, you can also contact real estate agents in Armenia who specialize in rental properties," commented an expat living in Armenia.