January-May in Azerbaijan there were registered rights to 68.2 thsd properties, up 17.1% over the comparable period in 2012. The main part (48.8 thsd or 71.5%) of the operations was performed on the sale, according to Register Service of Real Estate.
Since the beginning of the year ASAN Khidmet provides services to citizens on the secondary real estate market. Perhaps the increase is associated with this factor.
The share of land in the structure of real estate is 39%. The number of transactions with land plots (26.6 million) increased compared to the same period of 2012 by 19.7%.
For five months operations were carried out with 23.3 thousand apartments in tenement buildings. This includes the privatization of public housing flats. Only in May 1,167 apartments were privatized. From 1993 to the 1st of June this year there were privatized 472,229 apartments.
The share of Baku in the real estate deals (25.1 thsd) was 36.8%. The share of the capital of the registration of apartment deals exceeds 71%. Activity in the real estate market of Baku for five months increased by 15.9%. - 08D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review