page_title: Housing in Azerbaijan
section_title: Privatization
hierarchical_section_title: Housing in Azerbaijan / Privatization
caption_attribution_description: English: Number of privatized dwellings in Azerbaijan 1990-2015 https://www.stat.gov.az/source/healthcare/?lang=en
context_page_description: Housing in Azerbaijan is characterized by high rates of private housing ownership. Construction in housing industry started to improve since the late 1990s, as the result of the Presidential decree, which eliminated state monopoly of construction sector.
context_section_description: In order to promote private ownership, the Government of Azerbaijan adopted the Law on Privatization of the Apartment Stock in 1993, The State Program of Privatization in the Republic of Azerbaijan for 1995–1998, and The Second State Program on Privatization of State Property in the Republic of Azerbaijan in 2000. Privatization rate has increased to 85% of the entire housing stock until 2010. In comparison with early 1990s, privatization process is steady now. This law simplified the privatization process of flats and canceled the requirement of paying nominal value of the house for the privatization.
caption: Housing conditions of the population, Privatization of housing fund Extracted www.stat.gov.az
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