Azerbaijan, Baku, 26 May / Trend corr U. Ismayilova/ From March to April (close to summer season), prices for summer cottages in Baku rose by 8.8% and price for summer cottage leasing by 10.4%, Nusrat Ibrahimov, Director General of MBA group, a consulting company, said on 24 May.
"The figure is the largest in the recent three years," he said.
According to Ibrahimov, three years ago the leasing price for an average cottage was $2,000 for entire summer, but now, the price for cottage leasing is 48% more - $2.960. Three years ago, the leasing of a fully equipped cottage cost $12,000 for entire summer, but now the price has increased by 31% to $12,372.
Ibrahimov said that the researches of recent four years have shown that previously the greatest demand was for cottages in Novkhani settlement, but in 2007-2008, the interest has shifted to Zagulba and Bilgah regins.
The correspondent can be contacted at: [email protected]