The property market in Azerbaijan is growing with each year, and the reluctance of some to put their money into the country is changing with the increased stability of the region and the Azeri government’s schemes that have been recently put in place – these systems guarantee the rights of foreign investors, and with a second line of backup from the British government also backing investments there is certainly a safe plane to build upon. Prices are still low and crime rates in popular regions are very low, and the increasing levels of tourism mean that the region will likely become far more affluent as time goes by.

Baku is clearly the most popular place for investment, and the boomtown has experienced many immigrants in the shape of wealthy businesspeople – both foreign and domestic. As such, prices have been on the rise, and the potential for the economy of the country to grow massively thanks to the oil industry means that prices will likely keep on rising. Right now is a good time to invest in the region, as costs are still low and potential for capital appreciation is quite high. Areas outside the capital are – as would be expected – much cheaper, with some areas have almost criminally low prices for renovation project houses.

The sheer potential of Azerbaijan should not be ignored, and the capital city seems as sound an investment as many other European cities. Whilst there are still troubles with the country, the government is acting to turn things around, and the preferential treatment given to foreign investors is a very positive note for the potential off plan buyer. Prices are more or less sure to rise with the growing oil industry; meaning now is the time to invest.