Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.88
Mortgage as Percentage of Income: 165.21%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 19.52
Price to Rent Ratio - Outside of Centre: 17.90
Gross Rental Yield (City Centre): 5.12%
Gross Rental Yield (Outside of Centre): 5.59%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 564.41 man 300.00-1,000.00
Apartment (1 bedroom) Outside of Centre 338.30 man 200.00-600.00
Apartment (3 bedrooms) in City Centre 1,057.45 man 500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 557.15 man 300.00-1,200.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 227.45 man 111.48-325.16
Price per Square Feet to Buy Apartment Outside of Centre 118.05 man 75.85-185.80
Salaries And Financing
Average Monthly Net Salary (After Tax) 624.98 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.40 7.00-16.00

These data are based on 582 entries in the past 18 months from 93 different contributors.
Last update: September 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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