BAKU, Azerbaijan, October 31. The largest number of mortgage agreements were concluded in Baku, State Committee on Property Issues under the Ministry of Economy of Azerbaijan told Trend.
A total of 28,243 mortgage agreements were concluded in Baku from January through September 2022, which is 55 percent of the country's total.
According to the state committee, 5,781 agreements were concluded in the Absheron Territorial Department No. 4 of the Public Entity of Legal Law "State Cadastre and Real Estate Register" of the State Service, 3,493 agreements - in Sumgayit Territorial Department No. 2, 2,394 agreements - in the Ganja Territorial Department No. 3 and 2,291 agreements in Khachmaz Territorial Department No. 5.
Moreover, real estate on the security was issued most often in the Yevlakh Territorial Department No. 17 and the Shirvan Territorial Department No. 13.
|
No. |
Territorial departments |
Total number of mortgage agreements |
Share across the country (%) |
|
1. |
Baku Territorial Department No.1 |
28,243 |
55 percent |
|
2. |
Absheron Territorial Department No.4 |
5,781 |
11.3 percent |
|
3. |
Sumgayit Territorial Department No.2 |
3,439 |
6.7 percent |
|
4. |
Ganja Territorial Department No.3 |
2,394 |
4.7 percent |
|
5. |
Khachmaz Territorial Department No.5 |
2,291 |
4.5 percent |
|
6. |
Yevlakh Territorial Department No.17 |
1,105 |
2.2 percent |
|
7. |
Shirvan Territorial Department No.13 |
955 |
1.9 percent |
|
8. |
Barda Territorial Department No.17 |
881 |
1.7 percent |
|
9. |
Beylagan Territorial Department No.6 |
810 |
1.6 percent |
|
10. |
Lankaran Territorial Department No.10 |
751 |
1.5 percent |
|
11. |
Shamkir Territorial Department No.11 |
718 |
1.4 percent |
|
12. |
Shaki Territorial Department No.12 |
637 |
1.2 percent |
|
13. |
Gabala Territorial Department No.9 |
631 |
1.2 percent |
|
14. |
Udjar Territorial Department No.16 |
628 |
1.2 percent |
|
15. |
Jalilabad Territorial Department No.8 |
620 |
1.2 percent |
|
16. |
Tovuz Territorial Department No.15 |
602 |
1.2 percent |
|
17. |
Shamakhi Territorial Department No.14 |
438 |
0.9 percent |
|
18. |
Zagatala Territorial Department No.18 |
423 |
0.8 percent |
|
Country’s total |
51,347 |
100 percent |
|