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.