Price Gap in Dagestan Housing: Apartments Cost Less Overall, But More Per Square Meter

MAKHACHKALA, March 17 – RIA Dagestan. Apartments in Dagestan are priced 42.5 percent lower than private houses, according to data presented on the MirKvartir portal. While the average price of a private residential house in Dagestan stands at RUB 13.7 million, apartments are valued at approximately RUB 7.8 million.

However, regarding the cost per square meter, the situation is reversed: the price per square meter in Dagestani apartments is 20 percent higher than in individual residential houses.