Park Residences 4

Baku, Azerbaijan

1 / 3

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

cheaper than 100% of city projects

-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

Is this expensive for the city

$1,700per m²cheaper than 100% of city projects

Median $2,100
$1,694$7,683

-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

  1. Step 1

    On contract

    30%

    $29,700

  2. Step 2

    Before commissioning

    70%

    $69,300

Total100%$99,000

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

ROI Calculator

$50$1,500

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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40%100%
0%20%
Monthly income

$318

Annual income

$3,820

Gross yield

5.8%

Net yield

3.9%

Value in 5 years

$132,484

5-year ROI

53%

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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
MonthTemperature, °CRainfall, mm
Jan6.016
Feb5.715
Mar7.616
Apr10.913
May17.310
Jun22.76
Jul25.93
Aug26.54
Sep23.013
Oct17.822
Nov12.225
Dec8.117

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

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.

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