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Astrum Ventures seeking to sell real estate to Azerbaijani investors(Exclusive)

Business Materials 27 November 2018 15:40 (UTC +04:00)

Baku, Azerbaijan, Nov. 27

By Matanat Nasibova - Trend:

The US company Astrum Ventures is looking for potential clients in Azerbaijan to buy real estate in California and Virginia, Alexander Solonin, a representative of the company, told Trend.

He said the company is based in these two US states and offers a wide range of brokerage services to investors who are interested in anonymous ownership and want to keep their assets secret.

"At the same time, we offer services to the potential customers who are interested in entering the liquid market, but cannot immediately acquire real estate because of lack of funds," said Solonin. "For such people, there is a special system, the main advantage of which are the financial confidentiality and the possibility to reduce tax burden."

“The California real estate market is quite liquid and more transparent compared to speculative investment projects in some European countries,” he said. “Some brokerage companies focus on potential earnings, but not returning capital to investors. The difference is that we first of all focus on ensuring that an investor earns money.”

Solonin added that, of course, the company guarantees the investor an income not of 15 percent per annum, but at least 6-9 percent, depending on the global situation and economic recession.

“Today, we decided to come to Azerbaijan and present the concept of our company here,” he said. “If our market causes interest among Azerbaijani investors or property buyers, we will come here again next year and hold a series of presentations.”

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