Baku, Azerbaijan
Price from
$99,000
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$1,700 / m²
-19% 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
55 - 102 m²
Bedrooms
1
Readiness
Under construction
Available
21 of 21
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
55 - 102 m²
Bedrooms
1
Readiness
Under construction
Is this expensive for the city
$1,700per m²cheaper than 100% of city projects
-19% 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%$29,700
Step 2
Before commissioning
70%$69,300
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$318
$3,820
5.8%
3.9%
$132,484
53%
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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.
| 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
21
Available
21
Area
55 - 102 m²
Properties
Condominium
Status
Under construction
Total units
21
Available
21
Area
55 - 102 m²
Description
Nardaran Invest MMC is building Park Residences 4 across seven buildings with a total of 21 units in Baku, Azerbaijan. The project sits within the City of republican subordination Baku and is currently under construction.
Every unit in the development is a one bedroom apartment, with sizes ranging from 55 to 102 square meters. That spread within a single layout type means buyers can choose between a more compact unit or a larger one depending on their needs. Prices start at 99,000 USD and go up to 214,200 USD, working out to an average of 1,800 USD per square meter.
All 21 units are currently available, so the full range of sizes and price points within the project remains open to buyers. Park Residences 4 is suited to those looking for a condo in Baku at an early stage of 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
- Dashinmaz emlak bazari_en
- Baku rental market reflects strong activity in real estate
- CBA notes surge in latest housing prices in Azerbaijan - Trend.Az
- Buying Real Estate in Azerbaijan | Housing Prices and Residence Permit through Investment
- Bangkok Luxury Housing Market - Knight Frank Thailand | RE Talk Asia
- The SFH # Report 2025
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