Bagapsh: Russians don’t buy land from Abkhazia

Moscow/Agency
Caucasus
– President Sergei Bagapsh of Abkhazia rejected that the recent rise in the real estate prices in Abkhazia resulted from purchases of land by Russian bureaucrats and businessmen prior to the Sochi 2014 Olympic Winter Games. 

“We don’t sell land,” Bagapsh told reporters in Moscow, capital of , “because we don’t sell land. The state organization controls as well as grants parliamentary approval to every privatization of real estates in Abkhazia.” 

 

Bagapsh also rejected that Moscow ’s Mayor Yuri Lujkov purchased a huge area of Abkhazian land for building. “The fact is that Lujkov has not bought anything from Abkhazia. We allocated an area for the construction of Moscow House and offered another area for the construction of a sanatorium.”
 
The rise in the prices of Abkhazian real estates is a consequence of the improved national security as well as of the financial tendency, popular with Abkhazians nowadays, toward , according to Bagapsh. RIA/ÖZ/FT