Real Estate

Homes Without Documents Will Not Be Connected to Gas

AZE.US Homes without official ownership documents will not be connected to the gas network for now, as Azerbaijan’s gas distribution authorities say there has...

Flooding in Baku: Most Stores Had No Insurance Coverage

AZE.US Heavy rains in Baku caused serious damage to businesses, with many shops and commercial facilities flooded and large volumes of goods left unusable. Business owners...

How Property Sale Tax Is Calculated in Baku: It Depends on Zone and Square Meters

AZE.US In Azerbaijan, individuals selling residential property are generally subject to a simplified tax. But in practice, the amount - or even whether any tax...

Building Your Own House From Scratch Can Cost Less Than A Baku Apartment

AZE.US Rising real estate prices in Azerbaijan are pushing more buyers to consider an alternative to ready-made housing: purchasing land and building a private home...

Rents Have Risen In These Parts Of Baku

AZE.US Rental prices are continuing to climb in Baku, with the sharpest increases now concentrated in the city’s central districts. The market is being pushed...

Residents Of Soviet-Era Homes In Baku Have Spent Years Unable To Secure Ownership Papers

AZE.US Residents of Soviet-era homes in Baku are still struggling to obtain formal ownership papers, even after decades of living in the same properties. The issue...

Homebuyers In Azerbaijan Are Being Denied VAT Refunds

AZE.US Azerbaijani homebuyers can recover part of the value-added tax they pay when purchasing residential property, but many are still losing that benefit because they...

Who Will Pay For Flood Damage In Baku After The Storm?

AZE.US Heavy rain that swept across Baku has left behind more than flooded streets. In several parts of the capital of Azerbaijan, residents say water...

Home Marked For Demolition, But Compensation Falls Short Of Buying A New One In Baku

AZE.US A debate is growing in Baku over how compensation should be calculated for homes demolished under redevelopment plans, as residents of smaller houses say...

Flooded Homes Likely To Lose Value After Heavy Rains

AZE.US The recent downpours in Baku and across the Absheron Peninsula did more than flood courtyards, basements and ground floors. They also exposed a growing...

Why Is It So Difficult to Register Homes in Azerbaijan’s Regions?

AZE.US Registering private homes remains a serious problem in Azerbaijan’s regions, especially in rural areas, where many residents still cannot obtain formal ownership documents for...

Small Apartments Gain Demand in Baku as Home Prices Outrun Incomes

AZE.US Demand for small apartments is rising in Baku as more buyers adjust to a housing market that has become increasingly detached from household incomes....

Baku’s Khrushchyovkas Are Turning Into An Investment Asset

AZE.US Apartments in Baku’s aging Soviet-era khrushchyovka blocks are increasingly being viewed not simply as old housing, but as a speculative real estate play tied...

How Azerbaijan Calculates Pensions For Children Who Have Lost Both Parents

AZE.US The issue of pension support for children who have lost both parents is back in focus in Azerbaijan, as lawmakers and experts debate whether...

Property Prices In These Parts Of Baku Could Rise Another 25%

AZE.US Buying an apartment in Baku is becoming increasingly difficult for many families, as prices in the capital continue to rise and push some buyers...

Two-Room Apartments Near Metro Start From 200,000 Manats Even Without Renovation: Market Snapshot in Ganjlik and Narimanov

AZE.US The market for newly built apartments in areas around the Ganjlik and Narimanov metro stations has shifted to a new price level, with even...

Compensation For Demolished Homes Without Documents: Will Residents Be Paid?

AZE.US In Azerbaijan, many people still live in apartments and private houses that do not have formal ownership documents. As demolition plans continue in some...

Housing Rents In Baku Have Risen By Hundreds Of Manats In A Year

AZE.US Rental prices in Baku have surged over the past year, with tenants now paying hundreds of manats more for apartments that were noticeably cheaper...

How To Privatize Land Leased From A Municipality In Azerbaijan

AZE.US Land plots leased from municipalities in Azerbaijan can, in some cases, be transferred into private ownership, according to experts commenting on the privatization process. They...

Pressure On Tenants And Landlords In Azerbaijan, Jafarli Says

AZE.US Pressure is growing on both tenants and landlords in Azerbaijan as authorities step up checks on rented housing, according to Natig Jafarli, chairman of...

Can You Still Buy An Apartment In Central Baku For 2,700 Manats Per Square Meter?

AZE.US Buying an apartment in central Baku for 2,700 manats per square meter is still possible in some cases, but it is no longer representative...

Azerbaijan Names 6 Documents That Can Help Legalize Homes Without Title Deeds

AZE.US Azerbaijan is moving into a new phase in the long-running effort to legalize thousands of individually built homes that still do not have official...

Apartments Under 100,000 Manats Are Nearly Impossible To Find In Baku

AZE.US Finding an apartment in Baku for less than 100,000 manats has become increasingly difficult as housing prices continue to climb across the Azerbaijani capital. According...

Apartments From 435 Manats Per Square Meter: Ministry Announces Sale

AZE.US Azerbaijan’s Ministry of Labor and Social Protection of the Population has announced the sale of new apartments that can be purchased through mortgage financing. According...

Apartments In Older Buildings Are Rising In Price In Baku

AZE.US Prices for apartments in older residential buildings across Baku are steadily rising, narrowing the gap with new construction projects in the city. Previously considered a...

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