ACON Law Firm offers expert guidance on Real Estate Investment in Azerbaijan!
In recent years, Azerbaijan has experienced a significant rise in foreign investments, particularly in the real estate sector, alongside the business sector. Thus, every year, thousands of foreigners purchase residential (apartments, houses) and non-residential properties in Azerbaijan. Additionally, there is a growing number of foreign investors investing in regionally significant real estate projects in Azerbaijan.
There are numerous factors which attract foreigners to invest in the real estate market in Azerbaijan. The most significant factor is the large-scale real estate projects in Azerbaijan and the consistently rising value of properties within these projects. Additionally, the growing number of foreigners engaged in business activities in Azerbaijan influences their investment share in the real estate sector.
Seeking the assistance of experts is essential during the property investment process in Azerbaijan, particularly for foreigners. This is absolutely necessary to ensure protection against both legal and investment risks. Therefore, we strongly recommend consulting both real estate lawyers and investment consultants in the process of investment in the real estate market in Azerbaijan.