Property Prices in Baku, Azerbaijan

Index Info
Price to Income Ratio: 14.54
Mortgage as Percentage of Income: 162.12%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 16.92
Price to Rent Ratio - Outside of Centre: 16.25
Gross Rental Yield (City Centre): 5.91%
Gross Rental Yield (Outside of Centre): 6.16%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 802.00 man 500.00-1,500.00
Apartment (1 bedroom) Outside of Centre 453.45 man 300.00-800.00
Apartment (3 bedrooms) in City Centre 1,606.00 man 900.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 759.26 man 500.00-1,300.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 288.93 man 232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre 144.64 man 111.48-204.38
Salaries And Financing
Average Monthly Net Salary (After Tax) 802.53 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.46 7.00-14.00

These data are based on 353 entries in the past 18 months from 52 different contributors.
Last update: April 2024

Sources and References
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10 Comments so far
Rafique Ahmed Tunio on Jul 29, 2023:
I intrested one bed studio appartment near bakku city or baku city plz have a rights for purchase i m from Pakistan total cost 500 sq fit
Qubais Salam on Jul 25, 2023:
Coming next year for a month to rent a property in a village..thanks
Izat Pirmohamed on Aug 26, 2022:
Would like a reality company to contact me. Looking to purchase a 3-4 bedroom with 2 bathrooms house or apartment in Baku. Near all shopping and hospital and parks. Public transportation ok will sign documents and open bank account when agreement is done.

Please advise cost in CAD dollars. of property and final closing casts

Thank you. Izat
Safdar ali shah on May 10, 2022:
Centeral baku 3 bed room apparment is required can u plz give me info how to but from pakistan and how much will it cost thx
Khayal Sharif-zada on Apr 17, 2021:
Hi. All non-residents has the right to buy apartment in Azerbaijan. You need to open the bank account in any bank in Azerbaijan, sign the Sale and Purchase Agreement in notary and transfer to the seller agreed amount.
Price of apartment depend on location and infrastructure. We would recommend to contact to the agency to get good deal.
Muhammad nasim raza on Feb 12, 2021:
Good afternoon sir am from Pakistan but living in Saudi Arabia con u give me information how to buy apartment 2 bedroom how much cost in bako
peterson on Aug 16, 2020:
I am looking for an office space or apartment for office use, I want to know what procedures I have to take for the purchase or for leasing .thanks
Mr. Peterson
Ishtiaq hussai. on Aug 02, 2020:
M ishtiaq from pakistan. M shia . m intrested for form house plot near baku city(with in 20km to 30km. Plz tell me price and location.
Anonymous on Jul 17, 2020:
Can I investment in purchasing land for farming my name is Liaqat Abbas Abbasi from Pakistan and living in Qatar.
Anonymous on Jul 17, 2020:
Can I investment in purchasing land for forming my name is Liaqat Abbas Abbasi from Pakistan and living in Qatar.