Prices of real estate soar

Prices of real estate soar

19-02-2008 11:45:21 – Karabakh

According to the information of the State Committee of Real Estate
Cadastre, in the fourth quarter of 2007 457 acts of registration of
property right were made on purchase and sale of real estate. The
number of acts has gone up by 12.8 percent compared with the third
quarter and by 68.6 percent compared with the same period in 2006. 114
deals are on apartments, 77 detached houses and 201 land

It turns out that an apartment in Stepanakert costs an average 524
dollars per square meter, which is up by 3.8 percent compared with the
third quarter. In Martuni 132,25 dollars (up by 2,5%), in Askeran 131
dollars (2,7%), in Shushi 95,5 dollars (5,5%), in Hadrut 78 dollars
(2%), in Martakert 65 dollars (2,4%).

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS