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Increase in Prices for Non-housing Facilities in Baku

Business Materials 30 April 2008 17:25 (UTC +04:00)

Azerbaijan, Baku, 30 April /corr. Trend U.Ismaylova / In March, the price for one sq.m of non-housing area increased by 11.1% up to $3417 as compared to the February, public organization Participants of Real Estate Market reported.

In all the zones, prices for the sale of non-housing facilities increased by 3.9% in March and rent prices - 4.1%.

The number of the signed sale-purchase agreements on non-housing facilities decreased by 2.1%.

Summary table on average cost of non-housing facilities seems to be as:

Location of facility

Average prices per square metre in USD

Near Olimp shop

4536

H.Javid Ave

6235

Tebriz str.

3276

Khalglar Dostlugu metro station

1433

Khagani str.

7570

Near Nasimi market

4508

Azadlyg Ave

5026

Genjlik Metro

4145

Memar Ajami Metro

3023

Landmark Business-Center

6345

The correspondent can be contacted at:   [email protected]

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