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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

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:

DistrictSettlementPrice (acres of land)
SabunchuBilgah3 904
 Bilgah. (seashore)16 717
 Zabrat6 338
 Ramana3 783
 Bakikhanov33 519
 Nardaran8 500
 Nardaran (seashore)15 000-20 000
 Savalan 9 000
 Kurdakhani2 000
Surakhani
Hovsan5 177
 Bulbule17 500
 Yeni Surakhani3 867
 Emirjan10 571
 Yeni Guneshli11 000
 Dede Korkut2 000
 Bahar 4500
 Garachukur16 997
SəbailBadamdar, 3 massif22 030
KhataiAhmadli27 143
 H.Aslanov 34 797
XəzərDubandi2 800
 Gala3 175
 Bina3 139
 Binə (Mardakan highway)9 875
 Gala3 175
 Mardakan6 622
 Buzovna6 983
 Shuvalan4 333
 Turkan2 100
 Zire1 767
 Shaghan11 500
YasamalYeni Yasamal 18 571
PirallahiGurgan 5 000
BinagadiVI microdistrict37 500
 VIII microdistrict111 250
 IX microdistrict
16 125
 Bilajari 11 943
 Binagadi 7 104
 Rasulzade 8 595
 Sulutepe 6 802
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