Park Residences 2

Baku, Azerbaijan

1 / 8

Price from

$170,015

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

$1,850 / m²

cheaper than 85% of city projects

-12% 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

92 - 160 m²

Bedrooms

1 - 2

Readiness

Ready

Available

11 of 11

Dry season

Jul, Aug, Jun

First instalment

30%

Properties

Condominium

Area

92 - 160 m²

Bedrooms

1 - 2

Readiness

Ready

Available

11 of 11

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$1,850per m²cheaper than 85% of city projects

Median $2,100

$1,694$7,683

-12% 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%
$51,005
Step 2
Before commissioning
70%
$119,010

Total100%$170,015

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

ROI Calculator

Purchase price: $170,015

Monthly rent: $900

$150$2,600

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

$627

Annual income

$7,524

Gross yield

6.0%

Net yield

4.4%

Value in 5 years

$227,518

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

About the project

Properties

Condominium

Status

Ready

Total units

Available

Area

92 - 160 m²

Properties

Condominium

Status

Ready

Total units

Available

Area

92 - 160 m²

Description

Eleven units across 5 buildings make up Park Residences 2 in Baku, and all 11 remain available, so the full range of layouts is still open to buyers. The condo was built by developer Nardaran Invest MMC and construction is complete, meaning units are ready now rather than under construction.

Apartments come with 1 or 2 bedrooms, with sizes ranging from 91.9 to 159.7 square meters. Prices start at 170,015 USD and go up to 462,840 USD depending on unit size and layout, with a price per square meter of 1,850 USD.

The project is located in Baku, within the City of republican subordination Baku region. Because the building is already completed, buyers can view finished units and buildings directly rather than relying on renderings.

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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