Areas in Baku where foreigners buy apartments

  • 1997 man
  • Okt 1, 2024

Areas in Baku where foreigners buy apartments

Foreign investors predominantly acquire property in prestigious and strategically advantageous areas of Baku. These areas attract investors due to high infrastructure, developed commercial and business centers, as well as favorable social conditions. The main areas include:

  1. City Center (Nasimi, Sabail, and Yasamal districts):

    • Nasimi and Sabail districts, historical and cultural centers of the city, attract the attention of foreign investors. Here you can find both old and modern buildings.
    • Places like Fountain Square and Inner City are famous tourist spots and often offer apartments for rent.
  2. Baku, White City:

    • The Baku White City project is known for its modern architecture and is one of the city's most prestigious new construction areas. High-quality apartments here offer attractive investment opportunities for foreign investors.
    • Nearby are offices, hotels, and restaurants, making it even more attractive.
  3. Khatai district:

    • Khatai district has seen significant development in recent years and is one of the areas with many new buildings. Apartments here are attractive to foreign investors due to their proximity to the center and relatively affordable prices.
  4. Badamdar:

    • Badamdar is known for its prestigious villas and apartments. Its proximity to the city center, sea views, and clean air make this area attractive to foreign investors.
  5. Bayil:

    • Bayil village, especially with its sea views and proximity to the city center, attracts foreign investors. New constructions in this area offer advantages in both location and infrastructure.
  6. Bibiheybat and Shikh areas:

    • These areas are located near the sea and have tourism potential. High-quality villas and apartments here attract the attention of foreign investors.
  7. Narimanov district:

    • Narimanov district is known as a business center with well-developed infrastructure and commercial facilities. Apartments here are purchased both for residential and commercial purposes.

Foreign investors consider both location and income potential when purchasing property in these areas. Owning property in these districts is seen as an attractive investment due to rental income and potential property value appreciation.

0 Like

Similar news

Tax Calculation for Real Estate Sales.

If previously, the owner of an apartment was exempt from paying the residence tax by registering in ...

10 Okt, 2023 Read more

"Old building or new building ?" #1

40-50 years ago, residential buildings were being massively constructed in our city. These buildings...

Sen 27, 2024 Read more

Real Estate Market: Tips for Buying, Selling, and Renting New Properties

This growing interest is driven by urbanization and the development of infrastructure. In this artic...

Sen 20, 2024 Read more

Mysterious Aspects of the Eiffel Tower

The Eiffel Tower is one of the most famous and symbolic structures in the world. Built for the World...

Okt 2, 2024 Read more