Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 15.59
Mortgage as Percentage of Income: 168.62%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 20.13
Price to Rent Ratio - Outside of Centre: 19.01
Gross Rental Yield (City Centre): 4.97%
Gross Rental Yield (Outside of Centre): 5.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 713.56 man 450.00-1,400.00
Apartment (1 bedroom) Outside of Centre 408.33 man 250.00-700.00
Apartment (3 bedrooms) in City Centre 1,325.13 man 600.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 675.64 man 450.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 295.37 man 185.80-418.06
Price per Square Feet to Buy Apartment Outside of Centre 151.64 man 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 771.49 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.02 7.00-14.00

These data are based on 465 entries in the past 18 months from 69 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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