Azerbaijan, Baku, May 4 / Trend , U.Ismayilova/
In March, the price per one square metre of non-residential premise in Baku dropped by 2.8 percent to $3,180 in February compared to $3,270 in February 2008, the Public Organization Participants of Real Estate Market reported. The prices dropped by 6.8 percent compared to the previous quarter and 10.1 percent to the mentioned period in 2008.
The price for lease of commercial premises dropped by 1.8 percent. Some 60.7 percent of apartments were supplied lower than the average prices.
Supplies on the market in April increased by 4.4 percent. The exposition term was increased to 3.2 percent.
Table of city zones:
|
City zones |
Average price $ per quadrate meter |
Change of average prices in % |
|
I |
5102 |
-1 |
|
II |
3613 |
-1,5 |
|
III |
2359 |
-3 |
|
IV |
916 |
-2,9 |