Apartment in Baku, Azerbaijan, 660 sq.m

The first project built on an artificial island in the country! This is a unique architectural structure.

The complex will have private swimming pools on the deck and bow areas.

Delivery condition: turnkey (with furniture and appliances)

Delivery: December 2027

Premium residential complex with developed infrastructure. Within walking distance from our complex there is a school, kindergarten, water park, amusement park, medical center, art center, etc.

Real estate

The construction of residential buildings in Azerbaijan has increased greatly since the beginning of the 21st century. In 2020, it amounted to 5.16 million km2, of which 93.3% is non-state property.

Baku offers investors a wide range of investment opportunities in different directions. One of the most attractive areas at the moment is real estate. Thanks to the city's urbanization and increased tourist interest, real estate investment has never been so attractive.

The annual increase in real estate prices is up to 15%

Also, due to increased demand, the price of rental real estate is rising, this is due to the development of the tourism sector and the massive demolition of dilapidated housing, thereby many began to live in rented apartments.

The annual increase in rental prices is 4-5%

Advantages of investment

Low taxes on real estate and real estate sales
World brands of restaurants, hotels, fashion houses
Ownership of real estate (full private ownership regardless of citizenship)
Azerbaijan provides the right to obtain a residence permit for investments in real estate in the amount of $59 thousand or investments in the country in the amount of $284 thousand
Growth of tourist flow
Location

The complex is located on the coast of the Caspian Sea.

A new highway is being built - Boyukshor-Pirshagi. Now you can arrive at the complex in 23 minutes. Of the significant places to visit, the Baku shrine - Ateshgah is 25 km away, and the Heydar Aliyev Cultural Center is 42 km away.

To date:

The complex was founded by Emin Agalarov in 2010 and consisted of a hotel, restaurant and a small beach area. Today the territory consists of 200 hectares, more than 2,000,000 m2 of housing, and the complex is home to more than 12,000 residents. At the moment, much attention is paid to landscaping. The area of ​​landscaping and plantings occupies 150 hectares.

Why do investors choose this complex?

— One of the most competitive in the CIS market

— The project has no alternatives in the Azerbaijani market

— Significant role in the country’s tourism sector

— Planned area of ​​more than 500 hectares, rapid construction and landscaping of the territory

— Special package offers for investors, including development options

— Wide selection of real estate formats from 40 m2 to 1500 m2: apartments, townhouses, villas, cottages; There are options without repair and with repair and even turnkey

— The average annual growth in asset value is 15 - 35%

— Turnkey rental business - passive income with a payback of 8% per year

Infrastructure:

Parking: above ground and underground
Outdoor pools
Playground
Reception service 24/7
Fitness and spa center
Restaurants
Luna Park and Water Park
Food courts and delivery service
Bars and clubs on the beach