NUMBEO

Property Prices in Baku, Azerbaijan

Index Info
Price to Income Ratio: 16.65
Mortgage as Percentange of Income: 169.22%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 18.64
Price to Rent Ratio - Outside of Centre: 17.51
Gross Rental Yield (City Centre): 5.37%
Gross Rental Yield (Outside of Centre): 5.71%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 516.00 man 350.00-700.00
Apartment (1 bedroom) Outside of Centre 263.21 man 200.00-400.00
Apartment (3 bedrooms) in City Centre 1,021.74 man 800.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 507.69 man 350.00-700.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 203.69 man 139.35-278.71
Price per Square Feet to Buy Apartment Outside of Centre 96.45 man 74.32-134.71
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 485.02 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.17 8.00-10.00

These data are based on 184 entries in the past 18 months from 30 different contributors.
Last update: July 2018

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2 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.

Thanks
#Adel on May 28, 2017 :
Can I know what is the policy in Baku for gulf people if the would like to purchase apartments