Dynamic economic development in Azerbaijan creates the favorable conditions to develop real estate market as well. Growing investment affinity of the Republic is mainly conditioned in many respect by continuously increase of GDP. Moreover Azerbaijan is the leader in rate of growth of GDP (in current prices 37 milliard dollars) and in the presence of petroleum currency and stable political situation give confidence to investors who want to enter the housing market of Azebaijan. In spite of world economic crisis the population s level of income, which is provided with development of small and middle business undertaking, has increased 7,6%. This creates objective demand for acquisition immovable both in Azerbaijan and foreign countries. Demand for real estates abroad has recently increased 40%.
Strong demand in residential property is one of the results of construction boom taking place in Azerbaijan for last few years. Turkey, Russia, France, Great Britain, Ukraine, Spain, U.A.E., Bulgaria, Montenegro, Kazakhstan remain their status of the most attractive countries to buy the property there. At the same time the number of international real estate units offered in Azerbaijan still doesn t reach the growth rate of demand in property abroad having place on the market. It creates the auspicious background for all developers and real estate agencies that are ready to establish their business in this region.
CaspianRealty is a professional forum participation in which gives you an opportunity to realize the following aims and objectives: - To gain detailed information about business opportunities in Azerbaijan
- To establish partnership relations with local operators of property market
- To offer your real estate assets to the wide range of visitors interested in renting or purchase of property abroad
