Panorama Park: apartment prices 2026

Also known as: Panorama Park Residence

Gəncə prospekti, 312, Bakı, Köhnə Günəşli

19 floors · 1 382 flats

2 953AZN/m²
Typical price per m² · based on 684 listings
~242 000AZN
Typical price · ~82 m²
For sale
from 130 000 AZN
68 listings · +28 new this week
For rent
from 550 AZN/mo
28 listings
Status
Completed in 2018

Data updated on

Last 30 days: 36 new listings, 5 price drops

Latest drop: 2 rooms, 60 m², 249,900 → 200,000 AZN

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About Panorama Park

Panorama Park is a gated residential complex in Xətai district, where Gəncə and Nobel avenues meet. It was built by Alians Development and Construction, part of AzmanHolding, as the company's first project. Ten 19-floor blocks stand on 3.5 hectares. The frame is monolithic, the facade is a ventilated ceramic system, and heating is individual. The developer's site lists the complex as handed over, and flats now sell on the resale market.

Builder
Alians Development and Construction (AzmanHolding)
Site
3.5 ha
Blocks
10
Structure
Monolithic frame
Facade
Ventilated ceramic facade
Lifts
2 passenger and 1 freight lift per block, Kone
Parking
2-level underground (450 spaces) plus surface parking
Heating
Individual (autonomous)
Title deed
Stated in sale listings
Gas
Yes · 6 listings
Service fee
57 AZN a month · 2 listings, 30 AZN a month · stated in 1 listing

What the listings say

Stated in listings from at least two different sellers; the number is how many listings say it.

Timeline

  1. 2014Alians Development and Construction starts work, and Panorama Park becomes its first project.

Courtyard and services

The site is gated, with 24-hour camera surveillance, a security service and reception desks at the block entrances. The courtyard has children's and sports grounds and a rest area, and a kindergarten and a supermarket operate inside the complex. The buildings have gas, hot water and intercoms.

Flats

Flats range from 50.4 to 210.3 m². The developer has no flats left to sell, so sale and rental listings now come from owners and agencies.

Panorama Park apartments for sale

68 listings · typical 270 000 AZN2 deals

Prices by room count

From the listings for sale right now, each flat counted once however often it is relisted. Tap a row to open those listings.

Listings

See all listings (68)

Panorama Park floor plans

From the listings' own photos: every floor plan we have seen in this residence, including the ones no longer for sale. Tap a plan for sale to open its listing.

Panorama Park apartments for rent

28 listings · typical 750 AZN/mo

Monthly rent by room count

From the rental listings live right now, per month. Each flat counts once however often it is relisted.

Listings

See all rentals (28)

Rent trend

Panorama Park apartment prices

The Köhnə Günəşli market

35% above the district average
District typical
2 182AZN/m²
0.7% · last 4 weeks
Listings in district
461
New in 7 days
+98

Price segments

Priciest1-room · 3 223 AZN/m²Most affordable4+ rooms · 2 603 AZN/m²Gap24%

Based on asking prices, refreshed weekly

1-room3 223 AZN/m²
2-room3 127 AZN/m²
3-room2 782 AZN/m²
4+ rooms2 603 AZN/m²
First floor2 795 AZN/m²
Top floor2 723 AZN/m²

Renovation level (photo analysis)

Luxury finishModern renovationAverage conditionDated interiorUnfinished (shell)
41%Modern
  • Luxury finish32%49
  • Modern renovation41%63
  • Average condition19%29
  • Dated interior3%4
  • Unfinished (shell)5%7

Photos of 152 active listings in this complex analyzed by our vision model.Click a tier to see those listings.

Renovation's effect on price

Renovated apartments here are listed on average 18% higher than non-renovated ones.

Renovated vs non-renovated average AZN/m², by room count

RenovatedNo renovationDifference
2-room3 137 AZN/m²2 444 AZN/m²+28%
3-room2 805 AZN/m²2 602 AZN/m²+8%

Sale price trend

Panorama Park photos

Picked from the photos of listings in this complex.

Panorama Park: frequently asked questions

The developer has no flats left, so flats sell on the resale market. Flats for sale are listed on this page with rooms, area, floor and price, updated daily.
Rental listings are updated daily in the rent section of this page. Before signing, ask whether the building service fee is included in the rent.
Flat photos are in the listing cards, each listing with its own set. They often show the courtyard and block entrances as well.
No. The complex was built by Alians Development and Construction. Sale listings state title deeds; check the specific flat's deed before buying.
Sale and rent prices on this page come from current listings and update daily. Floor, view and renovation affect the price, so compare similar flats.
In Xətai district, where Gəncə and Nobel avenues meet, near Həzi Aslanov and Əhmədli metro stations. Sources write the address with different house numbers (the developer gives Gəncə avenue 29/30), but they all mean the same complex.
The typical price in Panorama Park is 2 953 AZN/m². A typical apartment (~82 m²) is offered for about 242 000 AZN. Based on 684 listings over the past year.
From the listings for sale right now: 1-room typically 169 000 AZN (1 listings); 2-room typically 175 000 AZN (19 listings); 3-room typically 304 450 AZN (24 listings); 4+-room typically 378 500 AZN (8 listings).
There are 28 rental listings right now, typical rent 750 AZN a month.
Developer: Alians Development and Construction. Year built: 2018.
We currently track 68 sale listings in Panorama Park. Köhnə Günəşli saw 98 new listings in the last 7 days.
Prices in Panorama Park run about 35% above the Köhnə Günəşli typical. Per the AI valuation, 2 listings in the complex are currently offered below market value.
Over the last 4 weeks the typical m² price in Köhnə Günəşli rose about 0.7%. The weekly dynamics are on the chart below.

Community comments

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