Section: Real Estate

Azerbaijan to Auction 13 Non-Residential Properties
Real Estate

Azerbaijan to Auction 13 Non-Residential Properties

Azerbaijan's State Housing Construction Agency will sell 13 non-residential properties in the Yasamal and Govsan residential complexes. The auction will be conducted by the Auction Organization Center under the Ministry of Economy.

FinFly NewsroomSeptember 23, 2026
Azerbaijan Boosts Revenue from Privatization and State Property Lease by 20.2%
Real Estate

Azerbaijan Boosts Revenue from Privatization and State Property Lease by 20.2%

In January–August 2026, Azerbaijan's state budget received 152.5 million manats from privatization and lease of state property, up 20.2% year-on-year.

Zeyni JafarovSeptember 23, 2026
Azerbaijan's Mortgage Fund Issues Loans Worth 4.09 Billion Manats
Real Estate

Azerbaijan's Mortgage Fund Issues Loans Worth 4.09 Billion Manats

The Mortgage and Credit Guarantee Fund has issued loans totaling 4 billion 91.682 million manats to 60,016 borrowers. Additionally, 10,092 apartments have been sold through lease.

FinFly NewsroomSeptember 21, 2026
Osman Khaliev Appointed Head of Azerbaijan's Mortgage Fund
Real Estate

Osman Khaliev Appointed Head of Azerbaijan's Mortgage Fund

President of Azerbaijan has signed orders to dismiss Fakhri Kazimov from the post of chairman of the Mortgage and Credit Guarantee Fund and appoint Osman Khaliev to this position.

FinFly NewsroomSeptember 7, 2026
MIDA Conducts Selection of Subsidized Apartments in Three Azerbaijani Cities
Real Estate

MIDA Conducts Selection of Subsidized Apartments in Three Azerbaijani Cities

The State Housing Development Agency (MIDA) held the selection of 535 subsidized apartments in Lankaran, Shirvan, and Yevlakh. The process was carried out under enhanced security measures after attempts of cyber interference.

FinFly NewsroomSeptember 4, 2026
Khalg Bank Launches Campaign for Loans Secured by Real Estate
Real Estate

Khalg Bank Launches Campaign for Loans Secured by Real Estate

Khalg Bank offers consumer loans secured by real estate up to 200,000 AZN at an annual rate from 12% until the end of 2026.

FinFly NewsroomAugust 31, 2026
Khalg Bank Offers Business Loans for Commercial Spaces in Baku City Residences
Real Estate

Khalg Bank Offers Business Loans for Commercial Spaces in Baku City Residences

Khalg Bank has launched lending for non-residential premises in the Baku City Residences BCR Khatai and BCR Olimpik residential complexes for up to 72 months.

FinFly NewsroomAugust 31, 2026
Demand for Homes in Flood-Risk Zones in Baku Plunges
Real Estate

Demand for Homes in Flood-Risk Zones in Baku Plunges

After heavy rains, demand for private homes in high flood-risk areas in Baku and Absheron has plummeted, despite prices halving.

FinFly NewsroomAugust 26, 2026
Tbilisi Home Sales Hit Record 4,503 Apartments in June
Real Estate

Tbilisi Home Sales Hit Record 4,503 Apartments in June

June 2026 was one of the most active months in Tbilisi's residential real estate market, with 4,503 apartments sold and a 52.6% year-on-year growth in the primary market.

FinFly NewsroomAugust 26, 2026
Abu Dhabi Residential Prices Rise 17.8% in Q2 2026
Real Estate

Abu Dhabi Residential Prices Rise 17.8% in Q2 2026

In Q2 2026, residential property prices in Abu Dhabi rose 17.8% year-on-year, with apartments up 24.1%. Growth slowed to a two-year low, but the market remains attractive for investors.

FinFly NewsroomAugust 26, 2026
Dubai Expects Record Housing Handover in 2026
Real Estate

Dubai Expects Record Housing Handover in 2026

In 2026, Dubai may see about 55,600 residential units handed over – the most since 2008. Meanwhile, new launches have declined and construction pace lags behind plans.

FinFly NewsroomAugust 26, 2026
Kazakhstan Distributes 8,600 Rental Apartments in Six Months
Real Estate

Kazakhstan Distributes 8,600 Rental Apartments in Six Months

In the first half of the year, Kazakhstan distributed 8,649 rental apartments, of which 5,361 were privatized. Support measures include preferential mortgages and housing certificates.

Zeyni JafarovAugust 15, 2026
Azerbaijan registers 207,000 property rights in 7 months
Real Estate

Azerbaijan registers 207,000 property rights in 7 months

In January-July 2024, Azerbaijan registered 207,035 property ownership rights, up 1.25% year-on-year.

Zeyni JafarovAugust 14, 2026
Mortgage Fund Provides 208 Rent-to-Own Apartments in Absheron
Real Estate

Mortgage Fund Provides 208 Rent-to-Own Apartments in Absheron

The Mortgage and Credit Guarantee Fund has allocated 208 renovated apartments in Saray settlement, Absheron district, under the rent-to-own mechanism. Monthly payments start from 620 manats.

Zeyni JafarovAugust 13, 2026
Azerbaijan Housing Prices Up 8.6% in Q2 2026
Real Estate

Azerbaijan Housing Prices Up 8.6% in Q2 2026

In Q2 2026, Azerbaijan's housing price index rose 8.6% year-on-year, according to the Central Bank.

Zeyni JafarovAugust 12, 2026
MIDA to Sell 535 Subsidized Apartments in Three Azerbaijani Cities
Real Estate

MIDA to Sell 535 Subsidized Apartments in Three Azerbaijani Cities

The State Housing Development Agency (MIDA) will sell 535 subsidized apartments in Lankaran, Shirvan, and Yevlakh on September 4.

Zeyni JafarovAugust 12, 2026
16 Residential Buildings with 518 Apartments to Be Built in Nakhchivan
Real Estate

16 Residential Buildings with 518 Apartments to Be Built in Nakhchivan

Azerbaijan's State Housing Construction Agency plans to build a residential complex of 16 buildings with 518 apartments in Nakhchivan, including subsidized housing.

Zeyni JafarovAugust 12, 2026
Azerbaijan Mortgage Fund Issues Loans to 59,216 Borrowers Worth 4.3 Billion Manats
Real Estate

Azerbaijan Mortgage Fund Issues Loans to 59,216 Borrowers Worth 4.3 Billion Manats

The Mortgage and Credit Guarantee Fund of Azerbaijan has issued loans totaling 4 billion 338 thousand manats to 59,216 borrowers and sold 9,657 apartments through rental.

Zeyni JafarovAugust 12, 2026
Groundbreaking Ceremony for 307-Bed Hotel Complex Held in Nakhchivan
Real Estate

Groundbreaking Ceremony for 307-Bed Hotel Complex Held in Nakhchivan

President Ilham Aliyev and First Lady Mehriban Aliyeva attended the groundbreaking ceremony of the Nakhchivan Hotel Complex, designed to accommodate 307 guests.

Zeyni JafarovAugust 11, 2026
Azerbaijan Returns 20 Million Manats in VAT for Cashless Real Estate Purchases
Real Estate

Azerbaijan Returns 20 Million Manats in VAT for Cashless Real Estate Purchases

In January-July of this year, Azerbaijan returned 20 million 16.3 thousand manats in VAT to individuals for cashless real estate purchases.

Zeyni JafarovAugust 11, 2026
Azerbaijan Real Estate Market: Land and New Build Prices Rise in July
Real Estate

Azerbaijan Real Estate Market: Land and New Build Prices Rise in July

In July 2024, Azerbaijan's real estate market showed mixed trends: land prices in Baku rose by 4%, new builds by 1.7%, while commercial property and garages saw price declines.

Zeyni JafarovAugust 11, 2026
Khalg Bank Launches Mortgage Program Up to 250,000 Manats
Real Estate

Khalg Bank Launches Mortgage Program Up to 250,000 Manats

Khalg Bank offers mortgage loans up to 250,000 manats for up to 22 years at rates from 11% per annum. The program runs until December 30, 2026.

Zeyni JafarovAugust 4, 2026
Apartment Prices in Sea Breeze Range from 160,000 to 1.5 Million Manats
Real Estate

Apartment Prices in Sea Breeze Range from 160,000 to 1.5 Million Manats

In Baku's premium district Sea Breeze, apartment prices vary significantly, from 160,000 to 1.5 million manats depending on the project.

Zeyni JafarovAugust 4, 2026
Marriott revenue up 5% in Q2
Real Estate

Marriott revenue up 5% in Q2

Marriott International's Q2 net profit rose to $766 million, adjusted earnings beat analyst expectations, but revenue fell short of forecasts.

Zeyni JafarovAugust 3, 2026
Khusnullin: 1.8 million Russian families improved housing conditions in six months
Real Estate

Khusnullin: 1.8 million Russian families improved housing conditions in six months

Deputy Prime Minister Marat Khusnullin reported a 3.7% increase in the number of families improving their housing conditions in the first half of 2026.

Zeyni JafarovAugust 3, 2026
A €1 Million Home Is Unaffordable on an Average Salary in Every EU Country
Real Estate

A €1 Million Home Is Unaffordable on an Average Salary in Every EU Country

Euronews Business calculated that buying a €1 million home requires an annual income of over €130,000, exceeding the average salary in all EU countries.

Zeyni JafarovAugust 2, 2026
Five-Star Baku Resort & Spa Opens on Issyk-Kul Lake
Real Estate

Five-Star Baku Resort & Spa Opens on Issyk-Kul Lake

On July 31, the five-star Baku Resort & Spa hotel, built with Azerbaijan's participation, opened on the shores of Lake Issyk-Kul in Kyrgyzstan. The ceremony was attended by presidents of several countries.

Zeyni JafarovJuly 31, 2026
Uzbekistan Housing Market Transactions Surge
Real Estate

Uzbekistan Housing Market Transactions Surge

Uzbekistan's residential real estate market saw a sharp rise in Q1 2026, with housing transactions up nearly 50% year-on-year, driven by mortgage growth, rising incomes, and buyers rushing to close deals before new escrow rules took effect.

Zeyni JafarovJuly 13, 2026
AZAL and Sea Breeze Launch Joint Campaign
Real Estate

AZAL and Sea Breeze Launch Joint Campaign

Azerbaijan Airlines and Sea Breeze launch a new lottery campaign for passengers, offering prizes including an apartment in Sea Breeze.

Zeyni JafarovJuly 9, 2026
PASHA Real Estate Opens Sales for Liman Estate
Real Estate

PASHA Real Estate Opens Sales for Liman Estate

PASHA Real Estate opens sales for Liman Estate, a new collection of luxury residences in Crescent Bay, located in the heart of Baku on the most developed part of the Baku Boulevard.

Zeyni JafarovJuly 8, 2026
Legal Risks in the Real Estate Market: Supreme Court Clarifies
Real Estate

Legal Risks in the Real Estate Market: Supreme Court Clarifies

The State Register and notarial system play a key role in acquiring rights to real estate. The Supreme Court has issued clarifications on this issue.

Zeyni JafarovJune 29, 2026
Housing in Portugal: Historic Event or a Hint of Anxiety?
Real Estate

Housing in Portugal: Historic Event or a Hint of Anxiety?

Bank of Portugal and OECD warn that the critical decline in housing affordability poses serious risks to financial market stability.

Sadraddin AghjayevJune 24, 2026
SOCAR Launches Innovation Competition on Smart Urban Development
Real Estate

SOCAR Launches Innovation Competition on Smart Urban Development

Azerbaijan's state oil company SOCAR is organizing an innovation competition on the theme of 'Smart Urban Development and Industrial Solutions'.

Sadraddin AghjayevJune 23, 2026
Ildar Khusainov on the Transformation of the Real Estate Market
Real Estate

Ildar Khusainov on the Transformation of the Real Estate Market

In recent years, the real estate market has undergone a tough transformation: prices are rising, mortgage rates are too high, and buyers are taking a wait-and-see approach.

Sadraddin AghjayevJune 23, 2026
Keys handed over to 20 families resettled in Shukurbayli village
Real Estate

Keys handed over to 20 families resettled in Shukurbayli village

Twenty families resettled in Shukurbayli village of Jabrayil district under the Great Return program have received keys to their homes.

Sadraddin AghjayevJune 22, 2026
Experts Expect Rise in Prices for Private Houses and Plots in Baku Suburbs
Real Estate

Experts Expect Rise in Prices for Private Houses and Plots in Baku Suburbs

According to real estate experts, due to the demolition of dilapidated buildings, citizens are increasingly choosing to buy housing outside the central districts of the capital, which directly affects price dynamics.

Sadraddin AghjayevJune 22, 2026
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