BAKU, Azerbaijan, September 11. Private and country houses rose in price by an average of 8.57 percent in Baku in July 2023 year-on-year, director of MBA Group consulting company Nusret Ibragimov told Trend.
At the same time, price growth amounted to 1.2 percent compared to last month.
"The average cost of one square meter of area in private and country houses amounted to 1,014 manat ($596) in July 2023, and the total volume of proposals for the year increased by 12 percent, in monthly terms by 4 percent - total volume of offers amounted to 1,124," Ibragimov said.
Also, the cost of one square meter of area in private and country houses amounted to 943 manat ($554) as of January 1, 2023, while the total volume of offers amounted to 1,017.