Number of lands put up for sale in Baku up 19% in last two years

Number of lands put up for sale in Baku up 19% in last two years Demand in land market of Baku increased by 19.4% from February 2015 to February 2017
Infrastructure
March 31, 2017 16:48
Number of lands put up for sale in Baku up 19% in last two years

Baku. 31 March. REPORT.AZ/ Demand in land market of Baku increased by 19.4% from February 2015 to February 2017 and the number of sale advertisements made 437. For comparison, as of March 2014, the number of sale advertisements made 815. Thus, there were 46% decline on land market since March 2014 till February 2017. Report informs, this was revealed as a result of investigations by monitoring team of “Real Estate Market Participants "Public Union.

In February 2017, the region's share in total supply portfolio was as follows:

In February 2017, the land market prices were as follows:

District Settlement Price (acres of land)
Sabunchu Bilgah 3 904
  Bilgah. (seashore) 16 717
  Zabrat 6 338
  Ramana 3 783
  Bakikhanov 33 519
  Nardaran 8 500
  Nardaran (seashore) 15 000-20 000
  Savalan 9 000
  Kurdakhani 2 000
Surakhani
Hovsan 5 177
  Bulbule 17 500
  Yeni Surakhani 3 867
  Emirjan 10 571
  Yeni Guneshli 11 000
  Dede Korkut 2 000
  Bahar  4500
  Garachukur 16 997
Səbail Badamdar, 3 massif 22 030
Khatai Ahmadli 27 143
  H.Aslanov 34 797
Xəzər Dubandi 2 800
  Gala 3 175
  Bina 3 139
  Binə (Mardakan highway) 9 875
  Gala 3 175
  Mardakan 6 622
  Buzovna 6 983
  Shuvalan 4 333
  Turkan 2 100
  Zire 1 767
  Shaghan 11 500
Yasamal Yeni Yasamal 18 571
Pirallahi Gurgan 5 000
Binagadi VI microdistrict 37 500
  VIII microdistrict 111 250
  IX microdistrict
16 125
  Bilajari 11 943
  Binagadi 7 104
  Rasulzade 8 595
  Sulutepe 6 802

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