Sale Old building in Baku ID # 41841 Barter

In Baku city, Nizami district, near "Khalglar Dostlugu" and "Neftchilar" metro stations, close to the 8-km market and next to "Melhem" clinic, at the final stop of bus No. 32, a one-room apartment with a title deed is for sale. There are kindergartens, schools, and supermarkets nearby. The apartment, with a living area of 15 m², is located on the 5th floor of a 5-story former dormitory-type building. It has medium renovation, and utilities such as water, gas, electricity, and internet are available. The bathroom is shared (however, with minor expenses, it is possible to install a bathroom inside the apartment as the necessary connections are available). Water and electricity are present inside the apartment. The building has been removed from the institution’s balance, and the apartment is fully privatized with a certificate of ownership; no one is registered at the address. Currently, the apartment is rented to a family for 250 AZN per month. This is an excellent investment opportunity: in the future, a new high-rise building may be constructed on the site, allowing you to receive a new apartment or sell at a higher price. According to Baku city's Master Plan until 2040, since this is a densely populated area, only residential buildings are planned for construction in case of demolition. Price: 64,000 AZN. Agents are welcome; a 2% commission will be paid.