In January-April this year, rights to 44.7 thousand properties were registered in Azerbaijan. This is a 6.8% increase over the comparable period in 2011. In this case the initial registration of property rights decreased by 14.3%.
According to the State Committee on Property, in the primary market the rights to 13,267 properties were registered in this period. The types of the property were not made public.
The secondary real estate market showed 19.1% growth. The rights to real estate were issued for 31.4 thousand objects, which were the subject of sale. In January-April, land transactions were 16,828 (the leading index). Rights were issued to 15,998 apartments, including the privatization of state housing stock. Extracts were obtained on 9,200 cases of individual ownership of houses and country estates.
Over a third of the registration of property rights in January-April this year fell on the city of Baku - 15.6 thousand. However, most of the property, on which rights were registered, included apartments (11.2 thousand). - 08D-
Economics
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