Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.47
Mortgage as Percentage of Income: 161.53%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 21.68
Price to Rent Ratio - Outside of Centre: 19.46
Gross Rental Yield (City Centre): 4.61%
Gross Rental Yield (Outside of Centre): 5.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 487.48 man 250.00-900.00
Apartment (1 bedroom) Outside of Centre 277.41 man 150.00-500.00
Apartment (3 bedrooms) in City Centre 896.36 man 500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 487.54 man 300.00-900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 216.26 man 111.48-325.16
Price per Square Feet to Buy Apartment Outside of Centre 108.27 man 74.32-139.35
Salaries And Financing
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Average Monthly Net Salary (After Tax) 603.59 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.47 7.00-18.00

These data are based on 517 entries in the past 18 months from 88 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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