Property Prices in Azerbaijan

Index Info
Price to Income Ratio: 14.55
Mortgage as Percentage of Income: 160.17%
Loan Affordability Index: 0.62
Price to Rent Ratio - City Centre: 17.81
Price to Rent Ratio - Outside of Centre: 17.76
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 710.59 man 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 398.44 man 250.00-750.00
Apartment (3 bedrooms) in City Centre 1,356.97 man 600.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 651.67 man 400.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 263.60 man 185.80-371.61
Price per Square Feet to Buy Apartment Outside of Centre 137.54 man 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 742.00 man
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.27 7.00-14.00

These data are based on 404 entries in the past 18 months from 59 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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