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Property in Baku

Azerbaijan. Prices, districts and foreign-buyer rules — key numbers below, details in the guides.

$1,100–1,800/m²price per m²
6–8% rental yieldkey advantage
5districts covered
6city guides

The Baku property market

Average city-centre price is roughly $1,100–1,800/m², higher in White City new builds. Foreigners can buy apartments but not land (land is leasehold only). Transactions are in manat (AZN), pegged to the US dollar. Rental yields are around 6–8% per year in central districts.

Affordable entry and central rentals

Investment entry from ~$70,000 — lower than Dubai or Istanbul. Central rentals: demand from business travellers and tourists, 6–8% a year. A home for yourself or family: seaside city, metro, Russian widely spoken.

Baku districts

Popular districts — character, prices and who they suit are covered in the districts guide.

Affordable entry and central rentals

Investment entry from ~$70,000 — lower than Dubai or Istanbul

Central rentals: demand from business travellers and tourists, 6–8% a year

A home for yourself or family: seaside city, metro, Russian widely spoken

  • Average city-centre price is roughly $1,100–1,800/m², higher in White City new builds
  • Foreigners can buy apartments but not land (land is leasehold only)
  • Transactions are in manat (AZN), pegged to the US dollar
  • Rental yields are around 6–8% per year in central districts

FAQ

Why Baku instead of Dubai or Istanbul?
The entry threshold is far lower with comparable rental yields: central apartments start around $70,000, the manat is pegged to the dollar, and landlord competition is lower than in hyped markets.
Can foreigners buy property in Baku?
Foreigners can buy apartments but not land (land is leasehold only)
How much does property in Baku cost?
Expect around $1,100–1,800/m². Average city-centre price is roughly $1,100–1,800/m², higher in White City new builds
Which districts of Baku are most popular?
Buyers most often choose: Ясамал, Насими, Сабаил, Нариманов, Белый город. See the districts guide for a full breakdown.

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