Under construction
$1,950per m²
Park Residences 4, photo 1Price from
$99,000US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$1,700 per m²
cheaper than 100% of city projects: -19%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 55 - 102 m²
- Bedrooms
- 1
- Completion
- Q2 2028
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 30%
Price
Is this expensive for the city
$1,700 per m², Baku median $2,100
Median $2,100This project $1,700
$1,694$7,683
-19% vs the city median (Baku), sample of 23 projects. cheaper than 100% 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
A breakdown of this project for your budget and goals
We will go through the price, the payment schedule and what registration and upkeep cost.
- Current price and payment terms for this project
- The full purchase budget: price, registration, upkeep
- A reply in the messenger you choose within one business day
What it really costs
Payment plan
- 30%Step 1 · On contract$29,700
- 70%Step 2 · Before commissioning$69,300
- Total
- 100% · $99,000
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$49,500$257,040
$50$1,500
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
- $318
- Annual income
- $3,820
- Gross yield
- 5.8%
- Net yield
- 3.9%
- Value in 5 years
- $132,484
- 5-year ROI
- 53%
See calculation details
- Gross annual rent
- $5,700
- Common area fee
- -$810
- Tax (10%)
- -$570
- Agent commission
- -$500
- Net annual income
- $3,820
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, 49.9. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q2 2028
- Status
- Under construction
- Area
- 55 - 102 m²
Description
Nardaran Invest MMC is building Park Residences 4 in Baku, Azerbaijan, with completion set for May 2028. The project is currently under construction.
The units on offer are one-bedroom apartments ranging from 55 to 102 square meters. That spread within a single bedroom count points to several layout sizes, from more compact units up to larger floor plans with the same bedroom configuration.
Prices start at 99,000 US dollars and go up to 214,200 US dollars, with a price per square meter of 1,700 US dollars. The gap between the lowest and highest price lines up with the gap in unit size, so larger apartments cost more at a comparable rate per square meter.
The project sits within the region listed as the City of republican subordination Baku. Nardaran Invest MMC is the developer, and the building is scheduled for completion in May 2028.
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≈ $99,000Rate 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 ↗
A shortlist for your goals
Want to weigh several options before deciding?
We will send comparable options with price, area, completion date and payment terms.
- A side-by-side comparison of price and terms
- What to check on the property before signing
- The order of the deal and the cost of registration
Similar
Similar properties
Under construction
$2,700per m²
Under construction
$2,100per m²Need help choosing: Baku?
Write to a manager: we reply within a few seconds and send a selection for your budget.