Investing in property in Azerbaijan: what to buy and what it costs
One-room apartment in Binagadi for residence
$64,000
A 40 m² apartment with a room, a kitchen and a glazed balcony in a building with a lift in Binagadi - a residential district in the north-west of Baku. Schools, markets and buses to the centre are nearby. The price is above the 100,000-manat threshold, so the apartment gives the right to a temporary residence permit, and it is let long term to students and young professionals.
One-room apartment in a new building in Khatai
$72,000
A 45 m² apartment with a room, a separate kitchen and a glazed balcony in a new building in the Khatai district in the east of Baku. The metro, shopping centres and offices are nearby, the centre 15 minutes away. Apartments here are let long term to company staff and couples.
One-room apartment with a kitchen-living room in Yasamal
$80,000
A 50 m² apartment with a kitchen-living room, a sleeping area and a glazed balcony in a new building in the Yasamal district - on the hills west of central Baku. Universities, parks and the metro are nearby. Apartments here are let all year to students, lecturers and visiting professionals.
Two-room apartment in Narimanov
$96,000
A 60 m² apartment with a living room, a bedroom, a kitchen and a glazed balcony in the Narimanov district - next to central Baku, the metro and large parks. Apartments here are let long term to families and company staff, and the business centre is 10 minutes away.
Two-room family apartment in Nizami
$110,000
A 68 m² apartment with a living room, a bedroom, a kitchen and a balcony in a new building with a playground in the courtyard in the Nizami district in the east of Baku. Schools, kindergartens, the metro and a market are nearby. Apartments like this are let long term to families.
Two-room apartment in Nasimi for permanent residence
$120,000
A 75 m² apartment with a living room, a bedroom, a kitchen and a view of the city and the sea in a new building in the Nasimi district - the business part of Baku with universities, offices and the metro. The price is above the 200,000-manat threshold, so after two years of temporary residence the apartment gives the right to a permanent residence permit.
Three-room family apartment in Khatai
$150,000
A 90 m² apartment with a living room, two bedrooms, a separate kitchen and a glazed balcony in a new building in the Khatai district. A park, schools, shopping centres and the metro are nearby. Apartments like this are let long term to families of foreign professionals, and for your own family it is a spacious home 15 minutes from the centre.
Three-room apartment with a bay view in Yasamal
$180,000
A 110 m² apartment with a living room, two bedrooms, a separate kitchen and a balcony overlooking the city and the Bay of Baku in a new building in the Yasamal district. Parks, universities and the metro are nearby. The price is above the permanent residence threshold, and the apartment is let long term to families of company managers.
What property is bought for investment in Azerbaijan
Above are the most interesting offers selected by our experts: apartments with a title extract in residential districts of Baku. A manager will find a property that fits your requirements.
Apartments for sale in the Binagadi, Khatai, Yasamal, Narimanov, Nizami and Nasimi districts of Baku, prices, taxes, costs and residence.
A foreigner buys an apartment in Azerbaijan freehold without permits, on the same terms as citizens. An apartment square metre in Baku costs about $1,600 on the resale market and about $1,700 in a new building. A 40 m² one-room apartment in Binagadi costs $64,000, and it already gives the right to a temporary residence permit: the threshold is 100,000 manats, about $59,000. Government fees on the deal come to about $230, and the seller pays the tax on the sale. Housing in Baku rose 8.6% in a year, new buildings 12.4%.
This page covers apartments in residential districts of Baku: for long-term letting, for a family and for residence. It also covers prices, taxes, buying costs, the buying process and residence. What is for sale today and the exact price will be confirmed by a manager.
The market in brief
Prices and rules as of 2026.
What an apartment in Azerbaijan costs in 2026
The Azerbaijani property market is above all Baku: it has almost all new construction and most tenants. In summer 2026 an apartment square metre in Baku cost about $1,600 on the resale market and about $1,700 in a new building. According to the Central Bank of Azerbaijan for the second quarter of 2026, housing rose 8.6% in a year, new buildings 12.4% and rents 7.4%. The centre and seafront blocks cost several times more, while residential districts by the metro are closer to the average price. An apartment without a title extract sells for less, but it cannot be officially resold and does not qualify for residence.
| Market | Apartment per m² | 50 m² apartment |
|---|---|---|
| Baku resale market | ~$1,600 | ~$80,000 |
| Baku new buildings | ~$1,700 | ~$85,000 |
2026 data: average prices per square metre of apartments in Baku, dollars rounded up. Manats in the cards at 1.70 manats per dollar in 2026, rounded up.
What letting gives
Apartments in Baku are let long term to visiting professionals, company staff, students and families, and rents rose 7.4% in a year. From 2026 the tax on an individual's rental income is 10% instead of 14%: if the tenant does not withhold the tax, the owner registers with the tax service and pays it. A manager calculates the income of a specific apartment taking into account the district and the renovation.
| Tax | Rate |
|---|---|
| Rental income | 10% from 2026 |
| Property tax | 0.4 manats per m² a year above 30 m², with a district coefficient of 0.7-1.5 |
| Tax on sale | paid by the seller: 15 manats per m² with a district coefficient, the first 30 m² exempt; not due after 3 years of registration in the apartment |
2026 data; a comparison of countries is in the rental yield table.
A tax resident of another country reports rental income from Azerbaijan under the rules of that country. An account for the rent is convenient to open at an Azerbaijani bank - see personal bank account in Azerbaijan.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Notary duty on the contract, Baku | $170 (280 manats); in Sumgait, Ganja and Absheron 70% of this rate, in other towns 50% |
| Notary duty and service together, Baku | ~$190 |
| Title extract from the registry | ~$30 |
| Encumbrance certificate | ~$10 |
| Tax for the buyer | none |
2026 data. The buyer's government fees on top of the price come to $230 or more. The price is paid through a bank, which asks for documents on the source of the money. If the apartment is needed for residence, a valuation is added to the costs. A manager calculates the total for a specific property.
In Azerbaijan the title extract is checked before the deposit
Mistakes here cost more than the fees: an apartment without a title extract that cannot be resold or used for residence, a house on a plot that cannot be registered to a foreigner, a mortgage or an arrest discovered after the deposit, a valuation below the 100,000-manat threshold, a residence application filed too late. Murblz support removes these risks: we find an apartment for the budget and goal, check it in the registry, take the deal through the notary to a title extract in your name and prepare the documents for residence.
The cost of support depends on the purchase budget and the goal - letting, a family home or residence; a manager will calculate it in the chat.
Does buying give a residence permit
Yes, a temporary residence permit for owners of property from $59,000 (100,000 manats): it is issued for up to 1 year and then extended for up to 2 years each time. An owner of property from $120,000 (200,000 manats) gets a 5-year permanent residence permit after at least two years of temporary residence. This ground is set out in the Migration Code. Any apartment from the cards meets the temporary residence threshold, apartments from 75 m² meet the permanent one, and a manager will send other properties to the chat.
The application goes to the State Migration Service no later than 30 days before the permitted stay ends, with the title extract and a valuation certificate. The fee for a one-year temporary residence permit is about $75 and the review takes 20 working days. The law does not divide buyers by citizenship: citizens of Russia, Belarus and Kazakhstan need no visa, and a foreigner staying longer than 15 days registers at the place of stay.
How we find a property
- Budget and goal: long-term letting, a family home or residence. The manager clarifies the district and the payment method.
- A selection of real properties: apartments with a title extract, the seller's price, the area and a calculation of rental income.
- Checks before the deposit: the owner, mortgages and arrests in the property registry, the type of land right, consent of the seller's spouse, and a valuation if the apartment is needed for residence.
- The deal: a contract at a notary, who withholds the seller's tax and sends the documents to the registry, payment through a bank, a title extract in your name, then the documents for residence.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
Options in other countries
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More on buying in this country:
- Property in Azerbaijan to live in and invest: rules, taxes and the deal
- Buying an apartment in Baku, Azerbaijan
- Company registration in Azerbaijan
- Personal bank account in Azerbaijan
- Baku: what to see and whether to move there
- How to send money to Azerbaijan
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Azerbaijan cost in 2026?
Can foreigners buy property in Azerbaijan?
Does buying property give a residence permit in Azerbaijan?
What does letting an apartment in Baku bring?
What taxes apply when buying property in Azerbaijan?
Can a Russian citizen buy an apartment in Azerbaijan?
Which district of Baku to buy an apartment in for investment?
Can you buy an apartment in Baku remotely?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
Free consultationWhat happens next
- An expert reviews your situation and goal.
- We contact you the way you prefer and answer your questions.
- You get a work plan, honest timelines and a written quote.