BAKU, Azerbaijan, Aug. 3
By Zeyni Jafarov - Trend:
The re-registration of real estate greatly increased (by 41.9 percent) in Azerbaijan from January through June 2021, the State Service on Property Issues under the Azerbaijani Ministry of Economy told Trend on Aug. 3.
The indicator on re-registration of real estate in the country exceeded 111,000 real estate properties.
The re-registration of individual residential and country houses increased by 37.1 percent up to 14,110 real estate properties, apartments - by 59.5 percent (up to 29,110), land plots - by 35.8 percent (up to 64,250) and on non-residential areas increased in annual terms by 58.7 percent (up to 2,150) from January through June 2021.
Moreover, during the reporting period, the technical inventory was carried out and the technical passport was drawn up for 113,976 real estate properties, which shows the annual increase by 18.5 percent.
Thus, 189,320 certificates (Form-1) on the description of real estate properties registered in the state register were issued to the legal entities and individuals, which is by 67.9 percent more than last year.
The State Service on Property Issues stressed that it continues to work to simplify the procedures in the field of real estate registration and expansion of e-services.
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