Property Jargon

A list of terms used in real estate transactions and property advertisements in Azerbaijan and their explanation...

Brokerage service Support in the negotiation process during land or property acquisition
Commercial property Office, retail, warehouse and industrial spaces
Dacha Summer house
Immovable property Real estate
Long-term rental Rental for six months or more
Primary housing Flats in new buildings, built after 2001
Residential real estate Apartments, houses, villas
Secondary housing Property built in Azerbaijan during the Soviet period