Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 17.03
Mortgage as Percentage of Income: 181.83%
Loan Affordability Index: 0.55
Price to Rent Ratio - City Centre: 21.44
Price to Rent Ratio - Outside of Centre: 18.37
Gross Rental Yield (City Centre): 4.66%
Gross Rental Yield (Outside of Centre): 5.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 487.17 man 300.00-800.00
Apartment (1 bedroom) Outside of Centre 283.78 man 175.00-500.00
Apartment (3 bedrooms) in City Centre 986.68 man 600.00-1,870.89
Apartment (3 bedrooms) Outside of Centre 539.85 man 300.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 223.62 man 148.64-380.97
Price per Square Feet to Buy Apartment Outside of Centre 108.36 man 74.32-152.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 524.53 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.84 7.00-15.00

These data are based on 508 entries in the past 18 months from 76 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Aserbaidschan
PortuguêsPreços de Imóveis no Azerbaijão
ItalianoPrezzi delle proprietà immobiliari in Azerbaigian
FrançaisPrix de l'immobilier en Azerbaïdjan
EspañolPrecios de Inmuebles en Azerbaiyán