Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.57
Mortgage as Percentage of Income: 158.24%
Loan Affordability Index: 0.63
Price to Rent Ratio - City Centre: 18.96
Price to Rent Ratio - Outside of Centre: 17.96
Gross Rental Yield (City Centre): 5.27%
Gross Rental Yield (Outside of Centre): 5.57%
Rent Per Month
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Apartment (1 bedroom) in City Centre 662.78 man 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 384.29 man 250.00-750.00
Apartment (3 bedrooms) in City Centre 1,286.67 man 600.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 659.41 man 370.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 263.73 man 167.22-371.61
Price per Square Feet to Buy Apartment Outside of Centre 136.99 man 92.90-204.38
Salaries And Financing
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Average Monthly Net Salary (After Tax) 740.29 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.09 7.00-14.00

These data are based on 445 entries in the past 18 months from 59 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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