Exhibitors who want to break into the relatively new Azerbaijan property market are invited to take part in a new international property exhibition. With wealthy Azerbaijan investors showing more interest in international property investment, the BAKU Overseas Property Expo 2017 is taking place on Friday 28 April and Saturday 29 April. The show, at the five-star Hilton Baku Hotel in, Baku, Azerbaijan, is being organised by the Global Promotion Group and HomesOverseas.ru, which have experience of running international property shows in Russia and the CIS. It is only the second of its kind to be held.
Visitors looking to invest in some of the most valuable projects on the market attend the exhibition to get first-hand experience from industry professionals on issues such as immigration, investment features & running a business overseas. Industry professional participation is subject to approval, and spaces are limited. This is the latest in a series of successful private events held by the Global Promotion Group. Those interested in exhibiting can apply at http://landing.opp.email/273
The expo consists of two different days:
April 28 – for industry professionals. Foreign participants meet Azerbaijan realtors with the aim to find new partners and conclude contracts for cooperation. Discussion of the current condition of Azerbaijan and foreign real estate markets and opportunities for cooperation.
April 29 – for buyers & investors. Exhibition – Foreign participants meet Azerbaijan potential property buyers and investors in foreign real estate. Business Program – Participants present their companies and projects to potential clients and partners.
The Global Promotion Group says buying overseas properties is pretty new topic for the population of the Azerbaijan, since mainly, people were investing their means in local real estate and where saving them through deposit accounts in local banks.” At the start of 2016 years, the national currency collapsed, and the banking sector of the country is experiencing recession now. During 2016, the volume of deposits taken from the banks was the equivalent of just US$10billion. Wealthy investors are now actively looking for alternative ways of investment and securing their means, and buying real estate abroad country has become very popular trend. “The most popular products for investing in foreign real estate are: projects in popular tourist directions with high incomes, projects with guaranteed rental income and projects in Western countries with stable economies. “The main reasons for acquiring foreign residential real estate are as a second home, to obtain a residencе permit, citizenship or ‘Golden Visa’, as a vacation home, student property or for emigration purposes.”
Among exhibitors who attended the first BAKU show in October 2016 were: Sonmez Real Estate & Construction (Turkey), Austria Real GmbH (Austria), ILAND Co (Cyprus), Property Collection (France), Blackwood Property Management (Portugal, Great Britain), Myra Properties (North Cyprus), Berkeley Group (Great Britain).
