Prices for the purchase of housing grow, hire - reduced
In September, the real estate prices have been contradictory - the commercial real estate, including rent was not in demand, housing was in demand. Accordingly, the price on these segments fluctuated, according to the realtor Novruz Zeynalov, prices for primary housing market compared to August increased by an average of 3.9% (the biggest in the city center), and not only in manat, but in dollar equivalent.
According to experts, the biggest growth demonstrates the primary housing (+ 5%), the secondary housing over the last month increased by 2.8%, preference in the sale from hand to hand is given to a foreign currency, when transferring - to manat.
According to experts, a gradual rise in prices began in late August (the eve of the new school year), in addition, due to the shock of two of last year's wave of devaluation, when the market dipped at the prices in half, and the activity initially was at zero. Then the wealthy clients who are able to withdraw money from bank deposits, decided to redirect them to the real estate and land.
The trend of reducing the cost of rent continues, including housing - for the 2-room apartment in Bakikhanov settlement of Sabunchu district were asked AZN 300 AZN, and 260-280 manat. --17D-
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review