Expert: Winter right time to purchase land in Baku
By Trend
In December 2018, the prices for land plots in Baku fell by 2.12 percent, Director General of MBA Group Nusrat Ibrahimov told Trend.
"But in general, during 2018, prices of land plots went up by 5.88 percent," Ibrahimov said.
Ibrahimov noted that he considers the fall in prices observed in recent months to be a seasonal phenomenon.
"With the onset of the rainy season and cold weather, interest in land plots weakens," he explained.
Ibrahimov stressed that a revival will be observed in the market with the onset of warm weather, which will lead to higher prices, and added that therefore, now is the right time to buy land.
--
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!