Palm Beach

Baku, Azerbaijan

1 / 5

Price from

$191,160

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$2,268 / m²

pricier than 55% of city projects

+8% 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

64 - 456 m²

Bedrooms

1 - 2

Readiness

Under construction

Available

15 of 15

Dry season

Jul, Aug, Jun

First instalment

30%

Properties

Condominium

Area

64 - 456 m²

Bedrooms

1 - 2

Readiness

Under construction

Available

15 of 15

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$2,268per m²pricier than 55% of city projects

Median $2,100

$1,694$7,683

+8% 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%
$57,348
Step 2
After transfer
20%
$38,232

Total$191,160

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

ROI Calculator

Purchase price: $191,160

Monthly rent: $1,000

$150$2,900

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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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$704

Annual income

$8,450

Gross yield

6.0%

Net yield

4.4%

Value in 5 years

$255,815

5-year ROI

56%

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
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, 50.0. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

Available

Area

64 - 456 m²

Properties

Condominium

Status

Under construction

Total units

Available

Area

64 - 456 m²

Description

Nardaran Invest MMC is building Palm Beach across three separate buildings in Baku, Azerbaijan, within the City of republican subordination Baku region. The project is currently under construction. Of the 15 total units, all 15 remain available, meaning the full range of layouts can still be chosen.

Unit sizes run from 64.1 sqm to 456.3 sqm, with 1 to 2 bedrooms per unit. That size range within the same bedroom count points to a mix of compact and much larger layouts within the development.

Prices start at 191,160 USD and go up to 1,225,455 USD, with a price per square meter of 2,982 USD. All figures are quoted in US dollars.

Palm Beach sits in Baku, the capital of Azerbaijan, and is one of the developments currently in progress there under Nardaran Invest MMC.

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

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