Baku, Azerbaijan
Price from
$165,522
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$1,694 / 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
97 - 220 m²
Bedrooms
1 - 3
Readiness
Under construction
Available
6 of 6
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
97 - 220 m²
Bedrooms
1 - 3
Readiness
Under construction
Is this expensive for the city
$1,694per 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%$49,657
Step 2
Before commissioning
70%$115,865
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$550
$6,598
5.5%
4.0%
$221,506
54%
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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 40.3, 49.8. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
97 - 220 m²
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
97 - 220 m²
Description
Six units make up the entire Boulevard Palace Luxury Residence, a single building under construction in Baku, Azerbaijan. The developer is Best Construction MMC, and the project sits within the City of republican subordination Baku.
Unit sizes range from 97.03 to 220.4 square meters, with layouts spanning one to three bedrooms. Prices start at 165,522 USD and go up to 373,465 USD, with a price per square meter of 1,706 USD. All six units remain available, so the full range of layouts and sizes is still on the table for buyers.
With only one building and six units total, this is a small-scale project by unit count compared to larger developments in the city. Buyers can choose between a one-bedroom unit at the smaller end of the size range or a three-bedroom unit above 220 square meters at the larger end.
The project is currently under construction, meaning buyers are purchasing ahead of completion. Best Construction MMC is listed as the developer of record for the building. For anyone comparing options in Baku, the combination of one building, six units, and bedroom counts from one to three defines the scope of what is on offer 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
- 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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