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 |