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Steep rise in Property Prices in Ganja

Azerbaijan Materials 6 November 2006 17:41 (UTC +04:00)

Property prices are rapidly increasing in Ganja, Fikrat Aliyev, Director of the Centre for Immovable Property Sale, informed Trend Regional Correspondent.

According to Mr. Aliyev, at present a three-bedroomed apartment with a total area of 40-47 sq.m in Ganja costs some $40,000- $50,000. He pointed out that one sq.m in the centre of the City costs $800- $1000

Prices on newly-erected buildings in Ganja are similar to those of Baku (one sq.m costs $450-$650 depending on the City's district).

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