Teras Park residential complex, Baku

Teras Park: apartment prices 2026

Sakit Qocayev küç., 35, Bakıxanov

23 floors · 5 buildings

2 829AZN/m²
Typical price per m² · based on 83 listings
~258 000AZN
Typical price · ~88 m²
For sale
from 170 000 AZN
31 listings · +13 new this week
For rent
from 650 AZN/mo
4 listings
Status
Completed in 2021

Data updated on

Last 30 days: 28 new listings, 4 price drops

Latest drop: 2 rooms, 57 m², 173,000 → 170,000 AZN

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About Teras Park

Deed
Yes
Heating
Central
Gas
Yes · 7 listings
Ceiling height
3.12 m

What the listings say

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

The "Teras Park" residential complex located in Baku fully lives up to its name. One of the main features of the project is the spacious terraces offered to buyers in apartments above the 13th floor.

Teras Park is a residential complex situated in Bakikhanov, near "Aygün Mall" and School No. 252. The 23-story building, whose foundation was laid in 2017, is only a 10-minute distance from Neftchilar metro station. The interior ceiling height of the apartments is 3.12 meters, with a total floor height of 3.30 meters.

From the 13th floor upwards, the complex is designed with terrace and duplex terrace apartments.

Teras Park is constructed using high-quality, durable building materials that meet international standards, including Ukrainian-made reinforcement bars and M400 grade concrete.

The complex is being built in an ecologically clean, quiet, and peaceful district of Baku - the Bakikhanov settlement, at 35 Sakit Gojayev Street. The 23-story building, whose foundation was laid in 2017, is just 10 minutes away from Neftchilar metro station.

Looking at the map of the area where Teras Park is located, one can see a sufficient number of commercial and social infrastructure facilities nearby. Parents with young children will appreciate the proximity of several schools, including No. 94, No. 96, and No. 252. Additionally, there is a lyceum and two kindergartens in the vicinity.

Shopping can be done at the "Araz" and "Gloria" supermarkets, as well as the "Aygün Mall" shopping center. Nearby are branches of "Bank Respublika," "Kapital Bank," and "Bank of Baku," along with the Cinema Plus movie theater and a mosque. To ensure residents' convenience, the complex’s ground floor already houses an Araz supermarket, a Texnomart electronics store, and an above-ground parking area in front of the building.

The new building is located 2 km from the "Neftchilar" metro station, accessible by foot or above-ground public transport. Public transport also provides connections to Bakikhanov railway station, Balakhani settlement, and other parts of Baku.

Built by SR Construction, the Teras Park residential complex attracts buyers with several unique features. The building’s original architecture, with variable heights up to 23 floors, is particularly noteworthy. Starting from the 13th floor, the stepped structure of the new building offers apartment buyers large open terrace apartments on the upper floors.

The courtyard of the new building is enclosed and closed to outsiders, with 24-hour security and video surveillance. Landscaping and the development of children’s play areas are planned. A two-level underground parking garage will relieve residents of concerns about where to park their cars.

SR Construction offers apartments ranging from 49 to 700 square meters in this project, with 1 to 6 rooms available. In addition to standard options, comfortable two-story apartments with one or two terraces are also offered. It is possible to purchase your desired apartment with a mortgage of up to 20 years by paying an initial 30% down payment. More detailed information can be found on the project’s official website.

Teras Park apartments for sale

31 listings · typical 192 000 AZN1 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 (31)

Teras Park apartments for rent

4 listings · typical 725 AZN/mo

Monthly rent by room count

RoomsFlatsTypical priceLowest
2-room4725 AZN/mo650 AZN/mo

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

Listings

See all rentals (4)

Rent trend

Teras Park apartment prices

The Bakıxanov market

21% above the district average
District typical
2 333AZN/m²
0.2% · last 4 weeks
Listings in district
2 554
New in 7 days
+370

Price segments

Priciest2-room · 3 045 AZN/m²Most affordable1-room · 2 533 AZN/m²Gap20%

Based on asking prices, refreshed weekly

1-room2 533 AZN/m²
2-room3 045 AZN/m²
3-room2 747 AZN/m²
4+ rooms2 587 AZN/m²

Renovation level (photo analysis)

Luxury finishModern renovationAverage conditionUnfinished (shell)
43%Modern
  • Luxury finish32%15
  • Modern renovation43%20
  • Average condition15%7
  • Unfinished (shell)11%5

Photos of 47 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 27% higher than non-renovated ones.

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

RenovatedNo renovationDifference
2-room3 048 AZN/m²2 583 AZN/m²+18%
3-room2 810 AZN/m²2 054 AZN/m²+37%

Sale price trend

Teras Park: frequently asked questions

The typical price in Teras Park is 2 829 AZN/m². A typical apartment (~88 m²) is offered for about 258 000 AZN. Based on 83 listings over the past year.
Teras Park is in Bakıxanov, Baku. Address: Sakit Qocayev küç., 35. The nearest metro station is Neftçilər (about 2.0 km).
From the listings for sale right now: 1-room typically 195 000 AZN (1 listings); 2-room typically 185 000 AZN (13 listings); 3-room typically 302 500 AZN (10 listings); 4+-room typically 392 500 AZN (1 listings).
There are 4 rental listings right now, typical rent 725 AZN a month.
Developer: SR Construction Co. Year built: 2021.
We currently track 31 sale listings in Teras Park. Bakıxanov saw 370 new listings in the last 7 days.
Prices in Teras Park run about 21% above the Bakıxanov typical. Per the AI valuation, 1 listings in the complex are currently offered below market value.
Over the last 4 weeks the typical m² price in Bakıxanov held steady. The weekly dynamics are on the chart below.

Community comments

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