Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 15.09
Mortgage as Percentage of Income: 164.69%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 19.77
Price to Rent Ratio - Outside of Centre: 18.62
Gross Rental Yield (City Centre): 5.06%
Gross Rental Yield (Outside of Centre): 5.37%
Rent Per Month
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Apartment (1 bedroom) in City Centre 695.25 man 400.00-1,400.00
Apartment (1 bedroom) Outside of Centre 403.95 man 250.00-750.00
Apartment (3 bedrooms) in City Centre 1,342.38 man 600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 663.89 man 400.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 287.65 man 185.80-418.06
Price per Square Feet to Buy Apartment Outside of Centre 146.47 man 111.48-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 774.15 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.15 7.00-14.00

These data are based on 444 entries in the past 18 months from 63 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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