Park Lane by Nardaran Investment

Baku, Azerbaijan

1 / 4

Price from

$74,630

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

$1,800 / m²

cheaper than 90% of city projects

-14% 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

37 - 142 m²

Bedrooms

Readiness

Under construction

Available

16 of 16

Dry season

Jul, Aug, Jun

First instalment

30%

Properties

Condominium

Area

37 - 142 m²

Bedrooms

Readiness

Under construction

Available

16 of 16

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$1,800per m²cheaper than 90% of city projects

Median $2,100

$1,694$7,683

-14% 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%
$22,389
Step 2
On transfer
70%
$52,241

Total100%$74,630

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

ROI Calculator

Purchase price: $74,630

Monthly rent: $400

$50$1,150

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

$241

Annual income

$2,894

Gross yield

6.1%

Net yield

3.9%

Value in 5 years

$99,872

5-year ROI

53%

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 40.6, 49.9. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

Available

Area

37 - 142 m²

Properties

Condominium

Status

Under construction

Total units

Available

Area

37 - 142 m²

Description

Sixteen units spread across four buildings make up Park Lane by Nardaran Investment, a condo project in Baku developed by Nardaran Invest MMC. The property is currently under construction, situated in the City of republican subordination Baku, Azerbaijan.

All 16 units remain available, meaning the entire range of layouts is still open to buyers. Unit sizes start at 36.5 sqm and go up to 142.2 sqm, with every unit configured as a one bedroom layout. Prices begin at 74,630 USD and reach up to 291,510 USD, with a fixed rate of 2,045 USD per square meter.

No further details on amenities, finishes, or surrounding infrastructure are included in the available data, so none are claimed here.

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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