Areas in Baku where foreigners buy apartments

  • 1178 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.

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