Azerbaijan, Baku, Aug. 24 / Trend A.Akhundov /
Non-residential facilities market in Baku decreased by 0.2 percent, rent of commercial buildings - by 0.5 percent in July, the public organization "Participants of property market" said.
Number of proposals on the market decreased by 0.2 percent in July.
The average price of a square meter of non-residential facility area decreased and was $2,958 in July. According to the held studies, lower prices compared to the first quarter amounted to 0.9 percent, as compared with July of last year - 1.9 percent.
Prices for non-residential areas in the first, third and fourth zones of the city fell by 0.1, 0.3 and 0.5 percent respectively. Over the past month increase in the average price on the market was observed in the second zone at 0.1 percent. Increase in the average price on the market was observed in the Garadagh district at 1.5 percent, but the most significant decrease was observed in the Khatai district - at 1 percent.
The share of commercial buildings, proposed on the market below the average price ($2,944 per square meter) amounted to 55.2 percent of the market portfolio.
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