Azerbaijan, Baku, November 27/ Trend , corr U. Ismayilova/ In October, one sq m of non-residential premises in Baku fell by 2.8% to $3,559, Participants of Estate Market public union said. Since the beginning of the year, prices of non-residential premises fell by 1.6% as compared to previous quarter and 28.5% as compared to the beginning of the year.
The average price for rent of non-residential premises fell by 2.7% in October. The share of commercial premises supplied to the market at lower than average price made up 61.2% of a total portfolio.
The supply in the market of commercial premises reduced by 5.7% in a month and number of sale-purchase operations - 5.2%.
Comparative table of prices of non-residential premises IN Baku in October:
|
Zone of the city |
Price of a sq m ($) |
Growth in a month (%) |
|
I |
5435 |
-2 |
|
II |
3813 |
0,5 |
|
III |
2746 |
-2,2 |
|
IV |
1112 |
-2,4 |
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