Section: Real Estate

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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomAugust 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.

FinFly NewsroomJuly 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.

FinFly NewsroomJuly 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.

FinFly NewsroomJuly 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.

FinFly NewsroomJuly 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.

FinFly NewsroomJune 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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