“Formula” spurred prices for renting housing in Baku

In recent days in the center of Baku and in the adjacent territories there is an increase in rent for daily rental apartments. Trend said this on Tuesday, real estate expert Ramil Osmanly.

According to him, the increase in prices for renting apartments in these territories is associated with the upcoming races of the Grand Prix of Azerbaijan Formula 1.

“The main reason is the influx of tourists to the country in connection with races. Prices for daily rent of apartments on Neftchlar Avenue range at 250-300 manat. Prices rose in other apartments in this part of the city-from 70-80 manat (two-room apartments (two-room apartments (two-room apartments (two-room apartments (two-room ) up to 110-120 manat and higher. As the number of rooms increases, prices are growing. In addition, balconies are rented out to observe the races, ”Osmanly said.