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Apartment rentals get cheaper in Baku

Business Materials 27 February 2009 12:56 (UTC +04:00)

Azerbaijan, Baku, Feb. 27 / Trend , U.Ismayilova/

In January, apartment rentals reduced in price by 5 percent in Baku, the MBA Group said on Feb. 27.

The average price for renting apartments in the center was 627.2 manat per month. A one-room apartment in the center costs 326.4 manat, two-room - 524.7 manat and three-room - 613.2 manat.

Proposals on the apartment rentals market in Baku increased 3.5 percent in January. The majority are three-room (36.3 percent) and two-room (33.5 percent) apartments.

Apartments in the Nasimi district amounted to 28.3 percent and Narimanov district - 22 percent.

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