Property Prices in Sumgayit, Azerbaijan

Index Info
Price to Income Ratio: 10.86
Mortgage as Percentage of Income: 100.99%
Loan Affordability Index: 0.99
Price to Rent Ratio - City Centre: 19.44
Price to Rent Ratio - Outside of Centre: 13.29
Gross Rental Yield (City Centre): 5.14%
Gross Rental Yield (Outside of Centre): 7.53%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 500.00 man 400.00-600.00
Apartment (1 bedroom) Outside of Centre 400.00 man 350.00-450.00
Apartment (3 bedrooms) in City Centre 550.00 man 500.00-600.00
Apartment (3 bedrooms) Outside of Centre 500.00 man
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 162.58 man 139.35-185.80
Price per Square Feet to Buy Apartment Outside of Centre 92.90 man 92.90-92.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 633.33 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.00

These data are based on 16 entries in the past 18 months from 4 different contributors.
Last update: April 2024

Sources and References
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