Property Prices in Baku, Azerbaijan

Index
Price to Income Ratio:	14.18
Mortgage as Percentage of Income:	158.09%
Loan Affordability Index:	0.63
Price to Rent Ratio - City Centre:	16.14
Price to Rent Ratio - Outside of Centre:	16.05
Gross Rental Yield (City Centre):	6.20%
Gross Rental Yield (Outside of Centre):	6.23%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	830.33 man	500.00-1,500.00
Apartment (1 bedroom) Outside of Centre	453.57 man	300.00-800.00
Apartment (3 bedrooms) in City Centre	1,648.08 man	900.00-3,000.00
Apartment (3 bedrooms) Outside of Centre	763.46 man	500.00-1,300.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	284.19 man	232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre	143.25 man	111.48-204.38
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	811.35 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.46	7.00-14.00

These data are based on 346 entries in the past 18 months from 51 different contributors.
Last update: April 2024

Sources and References

Nearby cities:

Property Prices in Lokbatan	13.21 miles
Property Prices in Puta	20.57 miles
Property Prices in Bakixanov	31.35 miles
Property Prices in Sumgayit	32.01 miles
Property Prices in Ramana	39.80 miles
Property Prices in Buzovna	46.36 miles
Property Prices in Nardaran	53.28 miles
Property Prices in Khachmaz (Xacmaz)	95.78 miles
Property Prices in Samur	125.46 miles
Property Prices in Lankaran	157.58 miles

This page in other languages:

DeutschImmobilienpreise in Baku

PortuguêsPreços de Imóveis em Baku

ItalianoPrezzi delle proprietà immobiliari a Baku

FrançaisPrix de l'immobilier à Bakou

EspañolPrecios de Inmuebles en Bakú

Leave a comment:

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.

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,100.00
GDP Growth Rate:	4.62%
Population Growth Rate:	0.43%

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