The impact of coronavirus on the realestate market

From the very beginning, I would like to note that in this article there is absolutely no purpose of encouraging property buyers to buy private homes. My goal, as a realtor, is simply to share with you the trends that I have observed on the eve of the coronavirus with respect to various types of property.

This virus did not bypass the real estate market, as it had a negative economic impact on various areas, and as a result, there were certain reductions in purchase and sale transactions. But this negative economic effect was felt mainly in building houses. Thus, it is very interesting to private houses i.e. country houses, cottages and villas, on the contrary, increased buyer's interest, and as a result, the sale of private houses increased their rent operations. I would like to give a reminder that after the earthquake of November 2000, 25 in Baku, the capital of Azerbaijan, there was also a high buyer's interest in private houses and lands for private houses. All this suggests that people feel safer and more comfortable in such private houses. In any case, it is more likely to remain unharmed in a one-or two-story house during an earthquake, neither in a high-rise building J. At the same time, in the period of special quarantine during Coronavirus, people live more comfortably and comfortably in their private home, private garden, private yard than in building houses. How " can you sit between four walls?!"J. In this regard, those who live in a private house can at least go out and put a tree in the garden, worry about chicken, boil tea and drink a somovar, if they find meat, take a kebab, etc. J.

Thus, it can be concluded that mass interest of people in private houses is mainly created on the eve of earthquakes and viruses. Therefore, dear buyers of real estate, do not wait for this earthquake and virus to buy private houses, buy on time, then it will be expensive. Otherwise, realtors who are engaged in the purchase of a private house will pray all day that if it were from the virus, tsunami, earthquake, we would sell a two garden J. The current situation is expected to increase in sales prices, as it creates a huge buyer's interest in individual homes. Since traditional habits such as going to rest in foreign countries were not expected in summer months this year, there was a great demand for rental Gardens in the suburbs of Baku and Absheron Peninsula. In most cases, realtors cannot meet this demand. The owners of the property have decided to stay in the rented houses every year. All these cases, which I have listed above, indicate that prices for private houses will rise in the coming months.

I would like to make a mistake, it is good to buy real estate in foreign countries, to invest in real estate. However, recent events show that in Italy, “million villas” in Hovsan, a country house of 90 thousand is more reliable if the villa in Jitalia is put up for sale, then they will not buy 10 thousand. Meanwhile Hovsan was already 100 thousand J.

Finally you can come to such conclusion :

Prices for individual houses and land for individual purposes will rise - it's time to buy.

Invest with your money in our homeland, in our native Azerbaijan – let your property be in front of your eyes.

Well, if you want to buy something in the meantime villa.az visit the site or contact me, I will advise you amicably about the property 055 868 86 86