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Azerbaijan skyline
Curated real estate · Azerbaijan

Azerbaijan.

On the western shore of the Caspian, Baku pairs a UNESCO-listed old town with a fast-rising waterfront skyline, a frontier market now open to foreign buyers.

Why invest

Why Azerbaijan.

Azerbaijan
Azerbaijan
  1. 01

    Low entry prices

    An emerging market: central-Baku new builds run roughly $1,300–$2,400 per square metre, far below Western European capitals.

  2. 02

    Open to foreigners

    Foreigners may own apartments and commercial property outright in their own name; only agricultural land remains off-limits.

  3. 03

    Residency by property

    Real estate assessed at about AZN 100,000 (~$60,000) qualifies a foreign owner for a temporary residence permit.

  4. 04

    Caspian waterfront growth

    Residential values are forecast to grow about 7% a year to 2029, led by waterfront clusters like Sea Breeze and White City.

Market

In figures.

$1,300–2,400/m²
New-build, central Baku
Well below Western capitals
~$60k
Residence-permit threshold
Property value for a foreign owner's permit
~7%
Forecast price growth
Per year to 2029, led by the waterfront
Where to look

Key areas.

Sea BreezeSea Breeze

Branded 750-hectare Caspian resort city north of Baku.

White CityWhite City

Regenerated central district along the bay boulevard.

Nasimi & YasamalNasimi & Yasamal

Central business-class districts, Baku's new-build core.

On the desk

Azerbaijan residences.

The desk

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  • The whole purchase handled remotely if you prefer

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