...

Price of most expensive land plot in Baku announced

Business Materials 10 November 2009 19:03 (UTC +04:00)


Azerbaijan, Baku, Nov. 10 / Trend , U.Ismayilova /

In September, the most expensive land plot was offered in Yasamal district of Baku ($250,000 per one hundred sq.m) and the cheapest in Absheron district of Baku ($280 per one hundred sq.m), public organization Participants of Real Estate Market said. 

The average price for one hundred sq.m of land in Baku reduced 3.6 percent to $16,840 compared to $17,470 in August. The period of exposition of the land plots rose 0.8 percent to 239 days. A considerable drop was observed in the Sabayel District of Baku - 10.3 percent and there was no price growth in any districts of Baku.

The most passive district of Baku was the Nasimi District and the most active - Binagadi and Narimanov Districts in September.

Summary table indicates price changes for land plots in zones of Baku:

Zone of city

Price per one hundred sq.m (in $)

Average price change (in %)

I

189314

-4.3

II

109348

-4.6

III

22932

-3

IV

4605

-3.7

Do you have any feedback? Contact our journalist at: [email protected]

Tags:
Latest

Latest