Boulevard Palace

Baku, Azerbaijan

1 / 8

Price from

$536,300

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$2,866 / m²

pricier than 75% of city projects

+36% vs the city median (Baku), sample of 23 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

173 - 453 m²

Bedrooms

2 - 4

Readiness

Under construction

Available

5 of 5

Dry season

Jul, Aug, Jun

First instalment

30%

Properties

Condominium

Area

173 - 453 m²

Bedrooms

2 - 4

Readiness

Under construction

Available

5 of 5

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$2,866per m²pricier than 75% of city projects

Median $2,100

$1,694$7,683

+36% vs the city median (Baku), sample of 23 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

Step 1
On contract
30%
$160,890
Step 2
Before commissioning
15%
$80,445
Step 3
After transfer
55%
$294,965

Total100%$536,300

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

Purchase price: $536,300

Monthly rent: $2,700

$500$8,050

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$2,016

Annual income

$24,192

Gross yield

5.7%

Net yield

4.5%

Value in 5 years

$717,690

5-year ROI

56%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Jun

Wettest months: Nov, Oct, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	6.0	16
Feb	5.7	15
Mar	7.6	16
Apr	10.9	13
May	17.3	10
Jun	22.7	6
Jul	25.9	3
Aug	26.5	4
Sep	23.0	13
Oct	17.8	22
Nov	12.2	25
Dec	8.1	17

Source: NASA POWER, climate normal (2001-2020). Grid node 40.3, 49.8. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

Available

Area

173 - 453 m²

Properties

Condominium

Status

Under construction

Total units

Available

Area

173 - 453 m²

Description

Five units in a single building make up Boulevard Palace, a condo project under construction in Baku, Azerbaijan, developed by Best Construction MMC.

Unit sizes range from 173 sqm to 453.1 sqm, placing the project firmly in the larger-format segment. Bedroom counts run from 2 to 4, covering configurations from compact two-bedroom layouts to larger four-bedroom units.

The price per square meter is set at 3,100 USD. Listed prices start at 536,300 USD for the smallest unit and reach 1,338,675 USD for the largest. All 5 units in the building are currently available, meaning the full range of layouts, from two- to four-bedroom, is still open to buyers.

Boulevard Palace consists of one building and is located in Baku, within the City of republican subordination Baku. The project remains under construction.

Location

Baku, Azerbaijan

Market context

Apartment price growth

17%

Villa price growth

20.2%

Transaction volume

13%

Average rent

883 manats

Price per sqm

2,388 manats

Apartment prices in Baku have continued to rise, with a year‑over‑year increase of around 17% in 2025, while rental rates are also climbing, reflected in a median monthly rent of 883 manats. Demand for rental housing remains strong, driven by foreign specialists, international companies and the influx of residents linked to reconstruction projects. The market stays attractive to foreign buyers, who can purchase apartments (though not land) and benefit from residence‑permit programmes tied to real‑estate investment.

Sources (6) · updated 21/08/2026

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