Where is the best place to look for a luxury property for rent in Armenia

Armenia is gaining attention as an emerging destination for international property investors, overseas buyers and lifestyle purchasers seeking affordability, cultural depth and long-term potential. With a growing tourism sector, improving infrastructure and an open attitude toward foreign ownership, Armenia offers opportunities to buy homes for personal use, long-term rental income or mixed-use investment strategies.

One of the key benefits of buying real estate in Armenia is excellent value compared to many European and regional markets. Property prices remain competitive, while demand from expatriates, digital nomads, students and returning diaspora continues to rise. Armenia also benefits from a strategic location between Europe and Asia, making it attractive for buyers seeking diversification beyond traditional markets.

Yerevan is the most popular city for international buyers and property investors in Armenia. As the capital, it offers apartments, new-build developments and renovated historic homes close to business districts, universities and cultural attractions. Central districts such as Kentron attract short-term renters and professionals, while suburban areas appeal to families and long-term tenants.

When it comes to property for rent in Armenia, there are several types depending on your needs, budget, and location.

Residential properties such as apartments or flats can come with 1 to 5 bedrooms and can be furnished and include services like cleaning and the cost of utilities such as water and heat.

Houses come in a variety of configurations such as detached homes which is a standalone property, and usually private, semi-detached houses which are two homes joined side-by-side and terraced houses which are a row of connected homes.


Bungalows are single-story houses, townhouses or row houses are multi-story homes that share walls with neighboring units, and condos (Condominiums) are privately owned units in a building or complex, with shared amenities.

Commercial properties include offices, retail spaces such as shops, warehouses suitable for storage and distribution facilities, industrial units for manufacturing, assembly, or heavy industry businesses.

Other commercial properties also include restaurants or cafés that come with necessary equipment or licenses. Deciding where is the best place to look for a luxury property for rent in Armenia will depend on your needs, budget, and preferred location.