Azerbaijan, Baku, 2 June/ Trend / The Cabinet of Ministers of Azerbaijan has approved the standard prices for the land plots with state-privatized facilities.
The approved regulations also concern the facilities built by the physical and judicial persons. In case of sale, the land, not yet completed or less than 50% constructed, is considered to be a free land plot and is valued at 75% of the standard cost depending on the coefficient of the zone. In case of rent of plots in Baku, (I and III zones), the rent makes up 10% of the standard price and 5% in other cities and regions (IV and XII zones).
According to the regulations, rent may be lower than the double volume of the land tax from this plot.
The following coefficients have been established to value the land plots for privatization at the decision of the Cabinet of Ministers:
Baku and its regions:
|
Zone |
Coefficient |
|
1 |
8.7 |
|
2 |
8.0 |
|
3 |
7.3 |
|
4 |
6.6 |
|
5 |
5.9 |
|
6 |
5.2 |
|
7 |
4.5 |
|
8 |
3.8 |
|
9 |
3.1 |
|
10 |
2.4 |
|
11 |
1.7 |
|
12 |
1.0 |
Sumgayit and Gandja
|
Zone |
Coefficient |
|
1 |
5.0 |
|
2 |
4.8 |
|
3 |
3.6 |
|
4 |
2.4 |
|
5 |
1.2 |
Absheron region
|
Zone |
Coefficient |
|
1 |
5.0 |
|
2 |
3.6 |
|
Посёлки и сёла |
1.0 |
Nakhchivan, Shirvan, Khankandi, Mingachevir, Yevlakh and Shaki:
|
Zone |
Coefficient |
|
1 |
2.9 |
|
2 |
2.2 |
|
3 |
1.5 |
|
4 |
1.0 |
Naphtalan, Gazakh, Shamkir, Sallyan, Jalilabad, Khachmaz, Guba, Zagatala and Goychay:
|
Zone |
Coefficient |
|
1 |
2.4 |
|
2 |
1.2 |
|
3 |
1.0 |
The following coefficients have been established for the other region centers:
|
Zone |
Coefficient |
|
1 |
1,7 |
|
2 |
1,0 |
The standard basis prices have been established for 100 cu. meters on zones:
|
Location |
Basis price |
|
12th zone of Baku аку |
400 |
|
6th zone of Sumgayit and Gandjam settlements and villages in Absheron region |
90 |
|
4th regions of Nakhchivan, Khankandi, Shirvan, Mingachevir, Lankaran, Yevlakh and Shaki |
50 |
|
3rd zone of Naftalan, Shamakhi, Gazakh, Shamkir, Salyan, Jalilabad, Guba, Khazhmaz, Zagatala and Goychay |
40 |
|
2nd regions of the other regions |
30 |