Under construction
$1,950per m²
Palm Beach, photo 1Price from
$191,160US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$2,268 per m²
pricier than 55% of city projects: +8%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 64 - 456 m²
- Bedrooms
- 1 - 2
- Completion
- Q4 2026
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 30%
Price
Is this expensive for the city
$2,268 per m², Baku median $2,100
Median $2,100This project $2,268
$1,694$7,683
+8% vs the city median (Baku), sample of 23 projects. pricier than 55% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 30%Step 1 · On contract$57,348
- 20%Step 2 · After transfer$38,232
- Total
- $191,160
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$95,580$1,470,546
$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.
40%100%
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%
See calculation details
- Gross annual rent
- $11,400
- Common area fee
- -$810
- Tax (10%)
- -$1,140
- Agent commission
- -$1,000
- Net annual income
- $8,450
Read moreCollapse
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
Show monthly table
| 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
- Completion
- Q4 2026
- Status
- Under construction
- Area
- 64 - 456 m²
Description
Nardaran Invest MMC is building Palm Beach in Baku, within the city of republican subordination of Baku. The project is under construction, with completion set for December 2026.
Palm Beach is a condo development offering units with one or two bedrooms. Areas range from 64.1 to 456.3 square meters, covering both compact layouts and much larger ones. Prices start at 191,160 USD and reach up to 1,225,455 USD, with a price per square meter of 2,268 USD.
The spread between the smallest and largest units, and between the lowest and highest prices, points to a mix of layouts aimed at different budgets and living needs. Units at Palm Beach are being sold while construction continues toward the December 2026 completion date.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 1 USD≈ $191,160Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Baku, Azerbaijan
Market context
Apartment price growth17%
Villa price growth20.2%
Transaction volume13%
Average rent883 manats
Price per sqm2,388 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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