In recent years, the primary real estate market in Baku has been developing rapidly. Therefore, the rapidly developing economy of Azerbaijan pushes investors to thoughts about buying real estate in this country. Historically, investing in real estate is a good example of investing, preserving and multiplying capital.
There is a well-known rule that says that the cost of housing should be returned to the owner after 10 years of renting a house or apartment. Therefore, real estate investments are considered to be quickly paid back.
In the market of Azerbaijan, most of all housing is built in the capital, Baku. Currently, the city is building 196 new buildings of different class and value.
The most convenient site for finding apartments in the new buildings is the profile site: https://new.flatfy.az/.
There is also a Russian version of this website.
I personally like the fact that you can see all the active new buildings on the map. You can also select apartments by filters: Cities, Districts, Prices per m2 and construction completion dates.
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Interesting. Do you know if the rental markets in these locations are good. That is, are there renters and are the rents high enough to get sufficient returns.
In this region, foreigners are actively buying housing, in particular, many deals are made by the Turks. Everything suggests that the primary real estate market will continue to grow in the future.
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