Profit from privatization of real estate in Nakhchivan grew more than 12-fold

The State Service for Property Issues under the Ministry of Economy of the Nakhchivan Autonomous Republic privatized 165 facilities of state property for Jan-Apr 2024.

Property of closed banks put up for auction

Service on Property Issues ended 2023 with loss of 1.37 million manats

The State Service for Property Issues (under the Ministry of Economy) ended 2023 with loss of 1,369,392 manats.

A separate regulatory legal act to be adopted with regard to housing without registration documents

Azerbaijan provides for the adoption of a separate regulatory legal act concerning housing without registration documents, ABC.AZ reports, quoting chairman of board of the State Cadastre & Real Estate Register Nigar Alimova.

Single real estate portal to be launched in Azerbaijan

State Budget revenues from privatization grew by 24%

Land plots of another closed bank put up for sale

An auction will be held at the Baku Auction Center tomorrow.

Real estate of this bank put up for auction

On August 2, 2024, at 11:00 a.m., an auction will be held at the Baku Auction Center.

Property and land plots owned by NBCO Aqrarkredit put up for auction

The real estate property will be put up for auction to be held on August 16 by the State Service for Property Issues.

Azerbaijani citizens bought more than 300 real estate properties in Türkiye in 6 months

Azerbaijani citizens purchased 339 real estate objects in Türkiyey for Jan-Jun 2024 (56 objects less versus Jan-Jun 2023).

Revenues from lease of state property increased in NAR

Property of these banks is being auctioned

Cost of the service can be found out in advance on Property Issues Committee’s website

The fee for services related to the registration of immovable property is determined by the decision of the Tariff (Price) Council dated July 31, 2023 "On the regulation of tariffs for registration of immovable property, technical inventory and cadastral services".

Baku Concrete Structures put up for auction

The state-owned enterprise will be auctioned on August 6 by the State Service for Property Issues.

Property of Bank of Azerbaijan put up for auction

On July 25, Baku Auction Center LLC will host an open auction for the sale of real estate of Bank of Azerbaijan OJSC, which is in the process of liquidation.

Investment competition for a state-owned enterprise announced

The State Service for Property Issues has announced an investment competition for the sale of shares in state institution Baku Marble Granite LLC.

Another 17 mineral deposits put into operation

Following the next auction for commissioning of mineral deposits, 17 deposits were put into operation.

Limestone deposits Ahmadli in Lachin and Hajili in Gubadli to be put up for auction

For the first time, an auction for the commissioning of the earth's interior will be organized in the Eastern Zangezur geographical & economic region.

Bakı Beton Konstruksiyaları put up for sale for 7.6 million manats

Information has been published about the state-owned enterprise, which will be auctioned at 10:00 in Baku on July 2, 2024.

Property Issues Service’s reaction to tax debt in amount of 7 million mantas

The State Service for Property Issues clarified the issue of tax arrears in the amount of 7 million manats.

Registration of property rights to real estate drops in Azerbaijan

Over Jan-Apr 2024, 121,061 ownership rights to real estate were registered in Azerbaijan (32.5% less against Jan-Apr 2023), ABC.AZ reports, referring to the State Service of Property Issues (under the Ministry of Economy).