Housing
Baku’s rental market rebounded in mid-2024 after stagnation, with rising demand and prices. The tourism boom is shifting long-term renters toward short-term options, reducing availability. Stricter tax regulations requiring landlords to declare rental income have further driven up prices.
Average monthly rates in Baku
Studio
Rare
$1,250–$3,800
$2,000–$6,000
$3,000–$15,000
Two-bedroom
apartment
apartment
One-bedroom
apartment
apartment
$800–$2,500
Three-bedroom apartmen
House
Key Trends:
- Short-term rentals are reducing long-term housing availability.
- Growing interest in gated communities and high-end residential complexes with security, swimming pools, gyms, and landscaped gardens.
- International forums held in Baku boost demand for quality short-term rentals.
Challenges:
- Cash payments are still preferred, mostly in the middle level residences complicating corporate rentals.
- Large, renovated apartments in prime areas like Sabail and Nasimi are scarce and expensive.
- The Port Baku area remains popular with foreigners, but its interiors are often average or come with high rents.
Immigration
Most citizens need a visa to enter Azerbaijan, but citizens of Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkey, Ukraine, and Uzbekistan can stay up to 90 days without one. Starting January 1st, 2025, Russian citizens' stay is limited to 90 days per year, down from 180. Azerbaijan also has its own electronic visa program via “ASAN Visa.” E-visas, valid for up to 30 days, can be issued within 3 days and are available to nationals of certain countries.
The Azerbaijani consular visa system is simple yet versatile. There are three options to choose from: single-entry or multiple-entry visas (valid for up to 90 days and 2 years, respectively), and the transit visa (valid for up to 5 days).
For a longer stay in Azerbaijan, a Temporary Residence Permit is required, and a Work Permit for employment. Employers must apply for an annual quota in advance, though new companies are exempt in their first year of operating in Azerbaijan.
The Azerbaijani consular visa system is simple yet versatile. There are three options to choose from: single-entry or multiple-entry visas (valid for up to 90 days and 2 years, respectively), and the transit visa (valid for up to 5 days).
For a longer stay in Azerbaijan, a Temporary Residence Permit is required, and a Work Permit for employment. Employers must apply for an annual quota in advance, though new companies are exempt in their first year of operating in Azerbaijan.
Moving
Transportation: Azerbaijan’s transportation for household goods relies primarily on road freight, with shipments coming through the Port of Poti and Baku’s Heydar Aliyev International Airport (GYD) handling air freight. Roads between Baku and other major cities are in good condition, ensuring timely deliveries.
Customs Duties: household goods are subject to customs duties of approximately 36% of the goods' value, although diplomatic shipments are exempt from these duties.
Customs clearance typically takes 1-2 business days.
Customs Duties: household goods are subject to customs duties of approximately 36% of the goods' value, although diplomatic shipments are exempt from these duties.
Customs clearance typically takes 1-2 business days.
