Azerbaijan.US
Prices for apartments eligible for mortgage financing have risen sharply in Azerbaijan, reflecting strong demand and limited supply in key urban areas, particularly in Baku.
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According to data cited by the Azerbaijan Valuers Society, residential properties valued at around 200,000 manats have seen price increases of approximately 5,000-7,000 manats over the past six months.
Final pricing continues to depend on factors such as apartment size and location.
Real estate and construction expert Elnur Azadov says apartments that meet mortgage requirements tend to rise in price faster than the broader market.
“Properties that qualify for mortgage financing are more attractive to buyers, as they are easier to purchase through banks and therefore more liquid,” he noted.
In most cases, mortgage-eligible apartments are located in buildings constructed after 2000. The strongest price growth has been recorded in the one- and two-bedroom segment, where demand remains particularly high.
By the end of 2025, housing prices in Baku increased by an estimated 13-15%, depending on location and market segment. Experts expect this upward trend to continue into 2026.
Urban redevelopment projects and ongoing infrastructure improvements, combined with demand consistently outpacing supply, are cited as key drivers behind the sustained rise in prices.
