Property Prices in Baku, Azerbaijan

Index Info
Price to Income Ratio: 14.59
Mortgage as Percentage of Income: 170.41%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 22.55
Price to Rent Ratio - Outside of Centre: 18.42
Gross Rental Yield (City Centre): 4.43%
Gross Rental Yield (Outside of Centre): 5.43%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 506.57 man 350.00-714.00
Apartment (1 bedroom) Outside of Centre 278.98 man 200.00-400.00
Apartment (3 bedrooms) in City Centre 988.61 man 700.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 511.91 man 400.00-800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 240.36 man 157.93-325.16
Price per Square Feet to Buy Apartment Outside of Centre 105.09 man 74.32-139.35
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 637.28 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.13 7.00-18.00

These data are based on 267 entries in the past 18 months from 48 different contributors.
Last update: August 2022

Sources and References
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8 Comments so far
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.
Anonymous on Feb 21, 2019:
Can I purchase an appartment or land lil out side baku m an Indian Syed Shia man