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APARTMENTS FOR SALE IN BAKU
Upscale flats in Baku are highly liquid and high-yield homes that make great buy-to-live or buy-to-rent properties. A distinctive feature of these residences is convenient floor plans that will satisfy the most sophisticated connoisseurs. Custom-designed apartments with stylish signature furniture and numerous premium services provide access to a wide range of amenities within a single building. Developers are competing for potential investors by creating projects with distinctive architecture, where owners of flats for sale in Baku can live in comfort without setting foot outdoors. The following is often available to residents:
- Swimming pools and equipped recreation areas;
- Modern gyms;
- Spa salons and lounge areas;
- Shops and restaurants;
- 24/7 concierge service;
- And many other benefits.
The full range of services depends on the complex’s location and master plan.
It’s now easy for foreigners to buy freehold apartments in Baku, as the city has many such areas for expats, where they may have full ownership rights on a par with Azerbaijani citizens. The sales of real estate in Baku have increased by 30%. The overw helming majority of deals were closed on apartments.
COST OF APARTMENTS IN BAKU, AZERBAIJAN
Apartments prices in Baku depend on many parameters, i.e., the floor area, location, amenities available, etc. The average cost of apartments in Baku per square metre is approx. AZN 1,800 (USD 1,050) for off-plan apartments and AZN 2,700 (USD 1,600) for completed properties.
APARTMENTS IN BAKU FOR INVESTMENTS
If you are looking for high-yield flats, buy in Baku, and you can be sure of protecting your money. House prices constantly increase in this city, e.g., the average growth reached 11.9% over the first three quarters of the current year alone.These high growth rates are not consistent, as the real estate market develops in cycles. Experts from Property Azerbaijan, however, note that prices are always higher in each new cycle compared to the previous one, so investors benefit either way.
The demand for completed and off-plan apartments to buy in Baku, Azerbaijan, is the highest in the following districts:
- Nasimi;
- Narimanov;
- Ganjlik;
- Sabail;
- Sabunchu.
A buy-to-rent property in Baku’s popular districts generates an average of 5 – 8% per annum.
BUY AN APARTMENT IN BAKU WITH PROPERTY AZERBAIJAN
If you are planning to purchase buy-to-live or buy-to-rent apartments in the Azerbaijan, experienced team members of the real estate agency in Baku, Property Azerbaijan, will be indispensable in this endeavour. You can view the available listings in real time. Please fill in a request on the website and we’ll share detailed information, select a quality property, document the entire transaction, and provide after-sales service. Buying real estate in Baku is quick, easy, and safe with us.