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Prices for Land Areas in Baku Rise by 1.5%

Business Materials 7 May 2007 20:31 (UTC +04:00)

Azerbaijan, Baku / Trend / The Participants of Real Estate Market social organization has reported that the average prices of land in the Baku market has comprised $19,935 per acre in April. The rise in prices made up 1.3% by March.

The average price for private houses rose by 0.4% compared to March and comprised $214,324. The increase was caused by a rise in prices for construction material and land. The average square of land areas on sale amounted to 4.7 acres and with 2 - 3 bedrooms.

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