Real Estate

Near-Naked Renters, Screaming and Speeding Cars: Scandal Erupts in Baku’s Zykh Settlement

AZE.US Residents of the Zykh settlement in Baku say a daily rental summer house in their neighborhood has turned into a constant source of noise,...

Undervalued And Overvalued Real Estate Prices May Come Under Review In Azerbaijan

AZE.US Azerbaijan may introduce a new control mechanism for real estate purchase and sale transactions. The proposal involves mandatory preliminary valuation in cases where the price...

Residents of Emergency Dormitories in Ganja Refuse to Move Into New Apartments

AZE.US The relocation of residents from several emergency-condition dormitory buildings in Ganja has sparked complaints, with some families saying the apartments offered to them do...

Owners Of Undocumented Homes Told How They Can Obtain Deeds

AZE.US More than 500,000 undocumented homes are believed to exist on the Absheron Peninsula, making property registration one of the most difficult issues in Azerbaijan’s...

Owners Of Small Apartments May Receive Higher Compensation During Demolition

AZE.US Owners of small apartments in Baku may receive higher compensation if their buildings are included in demolition or reconstruction plans. The issue mainly concerns old...

Central Baku Apartments Have Become Unaffordable As Buyers Look To The Suburbs

AZE.US Demand for housing in settlements around Baku has increased as more residents look beyond the city center, real estate experts say. One of the key...

Buy A Ready House Or Build From Scratch: Which Is Cheaper In Azerbaijan?

AZE.US For people in Azerbaijan who want to own a private house, the choice often comes down to two options: buying an existing home or...

Housing, Parents And Poverty: What Is Behind Azerbaijan’s “Family Values”

By AZE.US Editorial Team In Azerbaijan, the desire to buy an apartment is often described as a cultural habit. People are said to be attached...

Skipping A 30-Manat Home Insurance Payment Could Cost You Your Property

AZE.US Many homeowners in Azerbaijan still do not insure their properties, even though mandatory real estate insurance can cost as little as 30 manats, or...

Azerbaijan Proposes Amnesty For Homes Without Property Documents

AZE.US Azerbaijan may launch an amnesty program for homes without property documents, allowing hundreds of thousands of houses to be legalized in stages. The proposal was...

What Foreigners Should Know About Buying Property In Azerbaijan

AZE.US Foreigners can buy property in Azerbaijan, but the first rule is simple: an apartment is not the same as land. A foreign citizen may generally...

Land Plots With Title Deeds Are Getting More Expensive In Azerbaijan: Prices Up 30-40%

AZE.US Demand for land plots with title deeds is rising in Azerbaijan, as buyers increasingly look for legally documented land suitable for building private homes. In...

Buying A Home In A New Building? Here Is What Residents Complain About

AZE.US Buying an apartment in a newly built residential complex in Azerbaijan does not always mean receiving exactly what was promised at the sales stage. Some...

Housing Office or Municipality: What Apartment Residents in Azerbaijan Must Pay For

AZE.US Residents of apartment buildings in Azerbaijan often face payment demands from different structures at the same time. Some fees are collected by housing offices,...

Apartments Are Being Built on the Roof of a New Building in Baku: State Agencies Pass the Approval Question Around

AZE.US Residents of a 12-story apartment building in central Baku say new apartments are being built on the roof of their building and are already...

Old Apartments in Azerbaijan May Lose Value as Buyers Shift Toward Newer Homes

AZE.US Part of Azerbaijan’s old housing stock may come under price pressure as buyers become more selective and demand more comfort, better planning and improved...

Gifted Apartment May Be Taken Back: Lawyer Explains When It Can Happen

AZE.US A gift agreement is one of the most common legal transactions involving real estate and other property. Such agreements are often signed between relatives,...

Students in Baku Keep Rental Apartments Over Summer as Housing Costs Rise

AZE.US Many students in Baku are choosing not to give up their rented apartments during the summer break, as affordable housing near universities becomes increasingly...

If a Crime Happens in a Rental Apartment in Azerbaijan, Is the Landlord Responsible?

AZE.US Crimes committed in rental apartments often raise a legal question in Azerbaijan: can the owner of the property be held responsible simply because the...

Online Realtors in Azerbaijan: Convenience, Fake Listings and the Risk of Losing a Deposit

AZE.US Azerbaijan’s real estate market is moving online, giving buyers and renters faster access to apartments, homes, offices and land listings. But experts warn that...

How Much Do Apartments and Land Really Cost in Baku? Prices

AZE.US Property prices in Baku continued to rise in May, but the official percentage increases tell only part of the story. For buyers, the bigger question...

Investors shift from Baku apartments to homes in Azerbaijan’s regions

AZE.US Azerbaijan’s real estate market is seeing a new investment trend: buyers are looking beyond Baku apartments and turning to homes in regions with strong...

Home Cleaning in Baku: How Much Cleaning Companies Charge

AZE.US Demand for cleaning services in Baku is rising as warmer weather pushes more residents to order window washing, carpet cleaning, post-renovation cleanup and full...

What Can You Buy in Baku Today With a State-Backed Mortgage?

AZE.US A state-backed mortgage in Azerbaijan offers loans of up to 150,000 manats ($88,235) for as long as 25 years. That still sounds substantial, but...

Up to 20% of Baku residents live in rented housing

AZE.US Around 18% to 20% of Baku residents live in rented homes, while the share is estimated at 15% to 20% in Sumgayit and Ganja,...

Azerbaijan’s mortgage limits fall far behind soaring home prices

AZE.US Buying a home with a mortgage has become increasingly difficult in Azerbaijan as property prices rise faster than state-backed lending limits. The rules themselves have...

Baku demolition compensation rises to 2,700 manats per square meter

AZE.US Compensation for properties demolished under redevelopment projects in parts of Baku has risen from 1,500 manats to 2,700 manats per square meter, but property...

220 buildings and 15 hotels are under construction at Sea Breeze - Agalarov

AZE.US About 220 buildings with a combined area of 4.5 million square meters are under construction at the Sea Breeze resort near Baku, businessman and...

Baku Apartment Rents Set to Rise: When Prices Are Expected to Increase

AZE.US Apartment rents in Baku are expected to rise most sharply in August and September, when students return to the capital and demand for affordable...

Baku woman says she bought apartment on 12th floor of 11-story building

AZE.US A Baku resident says she bought an apartment on the 12th floor of a building that was ultimately built only up to 11 floors,...

When can credit debt lead to losing your home?

AZE.US Credit problems can put borrowers at risk of losing property in Azerbaijan, but that usually happens only after a long period of missed payments...

New buildings get pricier, older apartments back in demand

AZE.US Rising housing prices in Baku are changing what buyers look for, with older apartments returning to demand as new buildings become increasingly expensive. Buyers who...

From 40 To 800 Manats A Day: How Much It Costs To Rent A Summer House

Demand for summer houses in Baku, Absheron and Azerbaijan’s tourist regions is rising again as the season begins. Daily rental prices start from about 40–50 manats ($24–$29), while more expensive properties can cost up to 800 manats ($471) a day.

Buyers Of New-Build Apartments May Lose Up To 10% Of Space

AZE.US Buyers of new-build apartments in Azerbaijan are increasingly facing a familiar problem: the apartment they pay for is not always the same size as...

More Than 200 Baku Families Still Waiting For Homes After Demolition

AZE.US More than 200 families in Baku are still waiting for apartments years after their homes were demolished under a pilot redevelopment project, according to...

Land In Central Lankaran Reaches 50,000 Manats Per 100 Square Meters

AZE.US Real estate prices are rising in Lankaran, one of Azerbaijan’s main southern cities, as demand grows for homes near the sea, apartments in central...

Demand For Older Apartments Rises In Azerbaijan

AZE.US Demand for apartments in older residential buildings has grown sharply in Azerbaijan in recent months, reflecting a shift in buyer behavior on the country’s...

Baku’s Summer House Season Begins As Prices Reach 1.2 Million Manats

AZE.US The approach of summer has brought new activity to the market for summer houses in Baku and the Absheron Peninsula, with demand rising especially...

Old Building or New Development: Which Apartments in Baku Are Considered Safer?

AZE.US Many homebuyers in Baku remain cautious about new residential buildings and continue to place more trust in older apartment blocks. The argument is familiar: old...

Agalarov Outlines $100 Billion Investment Vision for Sea Breeze

Emin Agalarov says Sea Breeze is moving beyond its original role as a Caspian resort project and becoming an international investment and tourism ecosystem, with a planned investment portfolio of at least $100 billion over the next decade.

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