...

Property Prices in Baku in January Announced

Business Materials 29 February 2008 13:42 (UTC +04:00)

Azerbaijan, Baku, 29 February / Trend corr. U.Ismailova / The average price for apartments in Baku in January totalled $106,283, the public organization 'Participants of property market', reported. The average price per sq m of property made up $1,515, and apartment totaled $41,195 in January.

The most part of the property portfolio was apartments in Yasamal District of Baku, which made up 21.7% of the total portfolio of property in Baku.

Over 30% of the proposal portfolio was made up of apartments in the cost from $80,000 to $100,000. The share of a three-bedroomed apartment in the portfolio comprised 37.6% and two-bedroomed 34.3%.

The summary of prices of property per sq m of in Baku Districts is as follows:

Baku Districts Price in USD per square m Increase in % per month
Azizbayov 1,006 10.5
Binagadi 1387 2.9
Garadag 1,326 1.1
Yasamal 1,610 6.6
Nizami 1,423 6.6
Narimanov 1,633 4.8
Nasimi 1,681 5.7
Sabunchi 1,319 3.6
Surakhani 1,114 4.6
Sabail 2,230 3.5
Khatainski 1,225 -2.6
Latest

Latest