Property Prices in Azerbaijan

Index
Price to Income Ratio:	16.34
Mortgage as Percentage of Income:	170.11%
Loan Affordability Index:	0.59
Price to Rent Ratio - City Centre:	19.93
Price to Rent Ratio - Outside of Centre:	17.99
Gross Rental Yield (City Centre):	5.02%
Gross Rental Yield (Outside of Centre):	5.56%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	511.29 man	300.00-800.00
Apartment (1 bedroom) Outside of Centre	296.68 man	186.00-500.00
Apartment (3 bedrooms) in City Centre	1,051.50 man	600.00-2,000.00
Apartment (3 bedrooms) Outside of Centre	564.00 man	350.00-1,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	219.77 man	139.35-376.26
Price per Square Feet to Buy Apartment Outside of Centre	110.92 man	88.26-150.50
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	544.77 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.50	7.00-14.00

These data are based on 458 entries in the past 18 months from 66 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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