Property Prices in Baku, Azerbaijan

Index Info
Price to Income Ratio: 19.99
Mortgage as Percentange of Income: 223.06%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 19.08
Price to Rent Ratio - Outside of Centre: 18.90
Gross Rental Yield (City Centre): 5.24%
Gross Rental Yield (Outside of Centre): 5.29%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 511.36 man 300.00-800.00
Apartment (1 bedroom) Outside of Centre 256.52 man 170.00-400.00
Apartment (3 bedrooms) in City Centre 1,090.48 man 800.00-2,200.00
Apartment (3 bedrooms) Outside of Centre 489.13 man 400.00-700.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 214.17 man 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 100.90 man 74.32-139.35
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 424.17 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.47 8.00-15.00

These data are based on 162 entries in the past 18 months from 24 different contributors.
Last update: March 2018

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3 Comments so far

#A.R. on Oct 08, 2017 :
I like to know what are the rental rates for one bedroom one bath or two bedroom one bath apartment near Koala Park area or within three kilometer from the old town. I like to live in Baku for one year lease.

#Adel on May 28, 2017 :
Can I know what is the policy in Baku for gulf people if the would like to purchase apartments
#sreejesh on May 24, 2014 :
can you pease advise how much is the price for 1BHK and 2BHK for buying in azerbaijan