Rental Yields in Azerbaijan are Good to Excellent
| Last Updated: Sept. 13, 2022 | |||
| BAKU - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Yasamal | |||
| 1-Bedroom | $44,118 | $235 | 6.40% |
| 2-Bedroom | $68,235 | $353 | 6.21% |
| 3-Bedroom | $108,235 | $471 | 5.22% |
| 4-Bedroom | $147,941 | $706 | 5.73% |
| 4+Bedroom | $272,059 | $824 | 3.63% |
| Nəsimi | |||
| 1-Bedroom | $54,412 | $206 | 4.54% |
| 2-Bedroom | $74,706 | $471 | 7.56% |
| 3-Bedroom | $132,147 | $588 | 5.34% |
| 4-Bedroom | $202,941 | $879 | 5.20% |
| 4+Bedroom | $344,118 | $2,500 | 8.72% |
| Xətai | |||
| 1-Bedroom | $51,471 | $294 | 6.85% |
| 2-Bedroom | $65,000 | $558 | 10.30% |
| 3-Bedroom | $98,235 | $735 | 8.98% |
| 4-Bedroom | $158,824 | $1,176 | 8.89% |
| 4+Bedroom | $175,882 | $1,900 | 12.96% |
| Nərimanov | |||
| 1-Bedroom | $50,588 | $206 | 4.88% |
| 2-Bedroom | $79,412 | $412 | 6.22% |
| 3-Bedroom | $129,412 | $500 | 4.64% |
| 4-Bedroom | $191,176 | $647 | 4.06% |
| 4+Bedroom | $295,294 | $1,150 | 4.67% |
| Binəqədi | |||
| 1-Bedroom | $44,118 | $235 | 6.40% |
| 2-Bedroom | $62,206 | $324 | 6.24% |
| 3-Bedroom | $85,294 | $353 | 4.97% |
| 4-Bedroom | $108,824 | $324 | 3.57% |
| Nizami | |||
| 1-Bedroom | $41,176 | $206 | 6.00% |
| 2-Bedroom | $63,529 | $324 | 6.11% |
| 3-Bedroom | $85,588 | $382 | 5.36% |
| Səbail | |||
| 1-Bedroom | $52,059 | $176 | 4.07% |
| 2-Bedroom | $80,588 | $412 | 6.13% |
| 3-Bedroom | $114,706 | $647 | 6.77% |
| 4-Bedroom | $217,647 | $1,059 | 5.84% |
| 4+Bedroom | $291,176 | $1,471 | 6.06% |
| Baku avg. Rental Yields | 6.02% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||
Gross rental yields in Baku range from 3.57% to 12.96% with an average of 6.02%. Baku's rental returns are good. The yields are slightly lower in Nəsimi and Nərimanov districts compared to Yasamal, Səbail, Binəqədi and Nizami. The best yields are currently in the Xətai district as they are developing the "White City" area there, time will tell if these yields will stay at these rates.
