Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.66
Mortgage as Percentage of Income: 162.89%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 18.62
Price to Rent Ratio - Outside of Centre: 17.38
Gross Rental Yield (City Centre): 5.37%
Gross Rental Yield (Outside of Centre): 5.75%
Rent Per Month
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Apartment (1 bedroom) in City Centre 684.47 man 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 388.16 man 250.00-750.00
Apartment (3 bedrooms) in City Centre 1,259.43 man 600.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 651.43 man 400.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 260.85 man 167.22-371.61
Price per Square Feet to Buy Apartment Outside of Centre 132.56 man 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 722.29 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.41 7.00-14.00

These data are based on 441 entries in the past 18 months from 68 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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