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.

A vessel for 30,000 manats put up for sale in Azerbaijan

Baku International Sea Trade Port CJSC has put the vessel up for sale.

Real estate of a closed bank put up for sale

The real estate on the balance sheet of AGBank liquidated by the Azerbaijan Deposit Insurance Fund will be put up for open auction at the Baku Auction Center.

Privatization process to be accelerated

The State Service for Property Issues (under the Ministry of Economy) has held a meeting, dedicated to activities in 2022 and the upcoming tasks.

Cars of this fund to be put up for sale

Property that does not have an inheritor not to pass to municipalities

Property that does not have an inheritor will not pass to municipalities.

Budget money received from rental of real estate for past year disclosed

The State Budget received AZN 24.8 million from the lease of immovable state property in 2022

Real estate owned by Gəncəbank put up for auction

On March 9, the real estate located on the balance sheet of Gəncəbank (Ganjabank) liquidated by the Azerbaijan Deposit Insurance Fund will be put up for open auction at the Baku Auction Center.

Closed bank’s property for AZN 2.2 million to be put up for sale

The State Service for Property Issues under the Ministry of Economy will hold an auction at 10 am on 28 March for the sale of 4 private residential buildings owned by DemirBank OJSC, ABC.AZ reports with reference to the SSPI.

113 real estate objects to be put up for auction

Choice of buyers increases at the auction: 113 real estate objects will be put up for auctions on 7 and 10 March.

7 more deposits put up for auction

Five mineral deposits put into operation

1,476 JSCs privatized in Azerbaijan

1,476 out of 1,566 joint-stock companies established in Azerbaijan were privatized by the end of last year.

Inventory of 14,000 objects of property carried out in Karabakh

The inventory of property in the territories of Azerbaijan liberated from occupation is ongoing.

1,095 state property objects privatized last year

The State Budget received AZN 115.4 million from privatization of 1,095 objects of state property for 2022.

7,576 real estate objects registered in Nakhchivan in 2022

In 2022, 7,576 real estate objects were registered in the Nakhchivan Autonomous Republic.

Real estate registration procedures to be simplified

Procedures relating to the purchase, sale, registration of real estate will be simplified, overhead costs will be reduced.

Real estate to be registered within one stop shop mechanism

The state registration of rights to immovable property will be carried out on one stop shop principle.

Another 12 mineral deposits to be put up for auction next month

Since 2021, certain areas of the earth's interior are available through an auction

Data unveiled on property rights registered last year

Azerbaijan registered ownership rights to 49,371 individual residential buildings and 94,510 apartments last year.