Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.88
Mortgage as Percentage of Income: 163.18%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 19.76
Price to Rent Ratio - Outside of Centre: 17.94
Gross Rental Yield (City Centre): 5.06%
Gross Rental Yield (Outside of Centre): 5.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 585.54 man 300.00-1,000.00
Apartment (1 bedroom) Outside of Centre 350.00 man 200.00-650.00
Apartment (3 bedrooms) in City Centre 1,097.14 man 500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 602.62 man 350.00-1,200.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 238.89 man 111.48-342.19
Price per Square Feet to Buy Apartment Outside of Centre 124.77 man 88.26-185.80
Salaries And Financing
Average Monthly Net Salary (After Tax) 657.84 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.22 7.00-14.00

These data are based on 494 entries in the past 18 months from 77 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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