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Prices for Apartments Rise by About 70% in Stepanakert

PRICES FOR APARTMENTS RISE BY ABOUT 70% IN STEPANAKERT

STEPANAKERT, August 20 (Noyan Tapan). At present 1-room and 2-room
apartments are of much demand on the Stepanakert immovable property
market. Their prices rose by about 70% compared with the previous
year. Average price for 1-room apartment in Stepanakert makes $5.5-6.5
thousand. Growth in prices for private houses also has been registered.

According to the data of the NKR State Committee of Immovable Property
Land Survey, the price for the territory of 1 sq.m. in Stepanakert
increased by 16% compared with the previous year and made about 130
dollars. And the average price for a private house with every
convenience and a land plot makes $15-20 thousand. According to the
“Aspar” agency of immovable property bargains, not only local
residents, but also buyers from Armenia and abroad apply to them for
buying an apartment in Stepanakert.

Yeghisabet Arthur:
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