Number of property registration increased by 17 percent per year in Azerbaijan

Business Materials 31 July 2010 16:52 (UTC +04:00)

Azerbaijan, Baku, July 31 / Trend N. Ismayilova /

In January-May 2010 Azerbaijan registered property rights for 38,793 facilities, or 7.2 percent more over the corresponding figure for the same period last year.

About 40 percent fall to apartments, about 32 percent - land, about 20 percent - private homes and summer cottages, etc.

In May, the number of registration of property rights increased by 50 percent compared to May, and in January-May last year - by 16.6 percent.