Mortgage Boom In Baku: 13,000 Applications Filed For Home Purchases

AZE.US Thousands of citizens applied for mortgage loans after Azerbaijan’s Mortgage and Credit Guarantee Fund opened new lending limits for 2026, triggering a surge in demand for housing. According to official figures, 9,019 applications were submitted for standard mortgage loans, while 4,369 applications were filed under the preferential mortgage program. However, only 2,165 applications were … Read more

Why Butter Prices Are Rising in Azerbaijan

AZE.US Prices for butter have been climbing in Azerbaijan in recent days, with increases reported both in supermarkets and local food markets. Retailers say the price changes are largely beyond the control of store chains, as suppliers and distributors have raised wholesale prices. According to sellers, some brands that were previously sold for around 23 … Read more

How To Avoid Being Scammed When Ordering A Car From Abroad

AZE.US Cases of fraud involving cars ordered from abroad are becoming increasingly common in Azerbaijan, with dozens of complaints reported over the past year. One victim said he was among 86 people who were allegedly deceived, paying nearly 19,000 manats for a vehicle that never arrived. According to him, neither the car nor the money … Read more

Fish Prices Surge In Azerbaijan As Imports Decline

AZE.US Fish prices in Azerbaijan have risen sharply in recent weeks, with some popular species becoming significantly more expensive as supplies from Iran decline. Traders at fish markets in Baku say customer activity has slowed noticeably as prices climb. While fish used to be purchased by the kilogram, many buyers now opt for smaller quantities … Read more

Why Construction Material Sales Are Slowing In Azerbaijan

AZE.US Sales at construction materials markets across Azerbaijan have slowed noticeably in recent weeks, as traders report weaker customer activity despite concerns about supply disruptions. Vendors say that for the past two to three weeks shipments of some materials have been irregular, particularly goods imported from Iran. Traders link the delays to the broader regional … Read more

Gold Prices Ease After Surge, But Demand Remains Strong

AZE.US Global gold prices edged lower at the start of the Asian trading session after a recent surge fueled by escalating tensions involving the United States, Israel and Iran. Despite the decline, gold remains at historically high levels, trading above $5,000 per ounce. The ongoing geopolitical uncertainty has continued to support demand for so-called safe-haven … Read more

Auto Parts May Not Be Accepted For Return: What Buyers Should Know

AZE.US Car owners in Azerbaijan are being urged to exercise caution when purchasing auto parts, as some components may not be eligible for return or exchange once they have been sold. According to mechanics and consumer advocates, the issue most often arises with electronic automotive components, which many retailers refuse to accept back after installation … Read more

Azerbaijan To Speed Up VAT Refunds For Shoppers

AZE.US Azerbaijan plans to accelerate the process of refunding value-added tax (VAT) to consumers through further automation of the “ƏDV-ni geri al” (“Get VAT back”) system used after retail purchases. Under the planned changes, information from next-generation cash registers will be transmitted automatically to the electronic platform that processes VAT refunds. This is expected to … Read more

Are Iranian Food Products Safe After Reports of “Chemical Rain”?

AZE.US Reports of unusual dark rainfall and pollution following fires at oil facilities near Tehran have sparked questions among consumers in the region: are agricultural products from Iran – including vegetables, fruits, nuts and dried fruits – still safe to consume? The discussion began after videos and social media posts claimed that black or chemically … Read more