Property Issues Service’s transfers to budget doubled

The State Service for Property Issues (under the Ministry of Economy) transferred AZN 61.2 million to the State Budget for Jan-May 2023

Documenting these objects not to be possible

40,000 entrepreneurs will benefit from simplifying the procedure for objects that are not documented.

MP: Over 40,000 objects of property without documents to be provided with ‘bills of sale’

The new changes, along with increased control, will serve to provide extracts of once illegally constructed and unusable non-residential facilities, as well as to prevent illegal construction in the future.

9 mineral deposits to be auctioned in Azerbaijan

On July 5, the State Service for Property Issues under the Ministry of Economy will hold another auction for the right to use a land plot.

Will prices of rented housing decrease?

In summer, prices for most rented apartments may decrease markedly.

Rate of facilities privatized in Azerbaijan this year

2 blocks of shares of company and 3 cars privatized in Azerbaijan

Number of registered real estate in Nakhchivan published for Jan-Apr 2023

The number of property and land plots registered in Nakhchivan for the last 4 months of 2023 has been made public.

Will land become cheaper in Azerbaijan?

Five fields of Azerbaijan put up for sale

An auction on the use of the earth's interior will be held at 11 am on June 14, 2023.

Objects owned by the state are rented out

The State Service for Property Issues submitted eight objects to the next competition for the lease of non-residential premises

Property belonging to two banks put up for sale in Azerbaijan

Real estate owned by the bank put up for sale

The sale of DemirBank real estate at an open auction has been announced. The real estated will be auctioned on June 7, 2023 at 10:00.

One facility and 17 vehicles privatized

Shares of 2 joint-stock companies, 1 object and 17 vehicles were privatized at the next auction held by the State Service for Property Issues

Registration of ownership of real estate in Azerbaijan increased by 77%

Texnikabank real estate in Mingachevir put up for auction

The real estate on the balance sheet of Texnikabank OJSC, being liquidated by the Azerbaijan Deposit Insurance Fund will be put up for open auction at the Baku Auction Center on 27 April.

Expert: Important news about bills of sales

Ilham Aliyev attended inauguration of new administrative building of State Service

A new administrative building of the State Service for Property Issues (under the Ministry of Economy) has been commissioned in Baku.

Machines on DemirBank balance sheet put up for sale

Number of real estate objects to which extracts were given made public

Property of a closed bank put up for sale

On March 14, 2023, at 12:00, the Deposit Insurance Fund will hold an auction for the lease of real estate owned by Dekabank OJSC, which is in the process of liquidation.