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Prices for Land in Baku Rose in March

Business Materials 21 April 2008 20:30 (UTC +04:00)

Azerbaijan, Baku, 21 April / Trend corr U. Ismayilova/ In March, the number of purchase and sale operations did not rise within the Baku land market, but the price for land did rise. The price for 100 sq m of land rose by 3.4% to average $23,854, the public organization Participants of Real Estate Market reported on 21 April.

The prices increased due to an increase in demand for cheap land lots located mainly in the Binagadi, Azizbeyov, Surakhani and Sabunchu districts of Baku.

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