By the end of 2025,
the total value of Azerbaijan’s real estate market is projected to reach
$501.33 billion, Report informs, citing data from the German online platform
Statista.
Among the different
segments of the market, residential real estate dominates with a projected
market volume of $403.46 billion in the same year.
This segment is expected to show an annual growth rate (CAGR 2025-2029) of 7.39%, resulting in a market volume of $666.65 billion by 2029. “The real estate market in Azerbaijan is experiencing a surge in demand for luxury properties due to increased foreign investment,” Statista notes.
