Commercial property for sale in Sumgait
- Newest
- Price: low to high
- Price: high to low
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Commercial property in Sumgait: shops and warehouses, prices
When you buy a commercial property, the conversation starts with the title deed. It states the purpose of the space: non-residential or residential. Quite a few people sell a first-floor apartment as a "commercial property." If the title deed says residential and you want to open a shop or cafe there, discuss it with a lawyer before you hand over the money.
Price per m² is useful for comparison, but other things decide the value of a space. For a shop it's a display window visible from the street; for a warehouse it's truck access to the door. If you're buying a workshop, find out what electrical capacity is allocated to the building. If the space is sold with a sitting tenant, ask when the lease ends.
Whether the space is pledged or under arrest is shown by the certificate from the registry. What to look at in the document itself is explained in our article on the title deed and the extract.
This section in numbers: the average price is 225,000 AZN; the average price per m² is 2,010 AZN. Most listings are between 85,000 and 450,000 AZN. Based on 10 current listings on Birev; the figures update as the listings change.
