BAKU, Azerbaijan, June 9. Rental prices of apartments decreased in Baku in April 2023, CEO of Azerbaijan's MBA (Marketing, Business, and Analysis) Consulting Group Nusrat Ibrahimov told Trend.
"The average cost of renting apartments in Baku amounted to 857 manat or $504.1 (a decrease by 4.03 percent over the month, and an increase by 13.21 percent over the year," he said.
According to him, the total volume of offers on the apartment rental market in the capital city in April 2023 amounted to 822 (an increase of 0.24 percent over the month, and 6.75 percent over the year).
MBA Ltd, the consulting and evaluation company, which has been registered since March 2008, provides consulting and marketing services in various sectors of the economy. During this period, the company passed international certification in the field of marketing and appraisal activities, creating a vast business network. The company's specialists also act as trainers at organized courses on marketing, business organization, legal services, real estate activities (buying and selling real estate), and valuation.
The consulting company is accredited and entered into the register of Azerbaijan's Central Bank and the Ministry of Finance in accordance with national valuation standards in the field of property valuation (immovable and movable) and business.
