Real estate at Sea Breeze is a desirable life by the sea, an investment in the future, and an opportunity to become a resident of the largest resort city on the Caspian Sea coast.
Annual property
value growth
15-35%
Annual rental
yield
from
8%
In-house
installment plan
from
12 mos
Data from Sea Breeze projects completed in 2023–2025. Calculations are based on statistics from previous periods and are not a guarantee of future returns.
Investment
Benefits
7 reasons why foreign investors choose Azerbaijan and Sea Breeze.
A Country of Opportunities
A Country of
Opportunities
Azerbaijan is a dynamically developing country with a population of more than 10 million and growing international influence. In recent years, the republic has become a venue for major global events and continues to attract investment in tourism, transport, education, and infrastructure.
Azerbaijan’s
GDP growth,
$ billion
2020
2021
2022
2023
2024
2025
The manat-to-dollar exchange
rate has been stable since 2017
(1.7 AZN = $1)
7th among countries in terms
of investment prospects
(FDI Intelligence, FT, 2024)
Growing tourism – a driver of rental demand
Annual growth
in the number of
tourists
+11%
Annual growth
in the number of
foreign tourists
58%
over
5 years
3.17 million
Growth
in spending by
foreign tourists
1.624
over
5 years
$1.75 billion
Investor
Geography
Sea Breeze brings together residents and investors from more than 40 countries around the world. An international community, comfortable environment, and transparent terms make the resort attractive for living and investment.
20%
Share of
foreign property buyers
at Sea Breeze
Returns and Cases
Returns
and Cases
The Azerbaijani market has tripled in six years – a record among premium destinations. At the same time, it remains one of the most affordable markets in terms of entry cost.
Growth
in price per m²,
2019–2025, $
UAE
0%
According to rosrealt.ru
Minimum
lot price in premium
projects
Dubai
$ 380 000
Sea Breeze
$ 90 000
Price Growth by Project
Sea Breeze is the country’s largest development project and one of the key drivers of market growth. The resort is being built not as a collection of separate buildings, but as a single ecosystem: every hotel brand, every newly launched infrastructure facility, and every kilometer of new coastline contributes to the value of already-built residential properties.
2023
2025
Park Residences 2
$1,400/m²
$2,650/m²
+0%
+0%
Woodville
$1,400/m²
$3,000/m²
+0%
+0%
Polo Residences
$1,500/m²
$3,000/m²
+0%
+0%
Skyline
$3,000/m²
$6,500/m²
+0%
+0%
White Residences
$2,400/m²
$3,400/m²
+0%
+0%
Palazzo
$1,500/m²
$3,100/m²
+0%
+0%
Yield
Calculation
Project yield calculation using
Lighthouse on the first coastline
as an example
Property
area
50 m²
Property
price
$150,000
Annual income
$19,410
Expenses
$1,260
Taxes
$1,941
Net annual income
$17,360
Annual income
Per night in season (May-September, 122 days)
$100-150
Per night off-season (October-April, 243 days)
$ 50
Average occupancy
60%
Expenses
Utilities
$75/month
Electricity and water
$30/month
Taxes
Income tax
10%
Property tax
$0.24/m²
30 m² deduction after registration of ownership rights
Net annual income
Net annual income
$17,360/year
When rented through the management company (15-25% commission)
$12,510/year
Turnkey
Management
The professional management company Sea Breeze Booking handles the
entire cycle – from finding tenants to monitoring utility payments.
What Is Included
in Property Management
-
Listing the property on our own and external information platforms
-
Creation of unique content: photos and description
-
Connection to an automated property management system
-
Preparing the property for operation
-
Organization of cleaning and technical support
-
Full hotel service for guests
-
Owner and customer support, access to partner programs
-
Payment of utility expenses
-
Monitoring and financial reporting
-
Property insurance
-
Advertising and promotion
Terms
15-25%
Management company
commission from net income
Result
8%
annual return to
the settlement account
The Future of the Resort City
The Future
of the Resort City
Sea Breeze will grow 10-fold in terms of real estate volume over 5 years. An investor entering today locks in today’s prices and benefits from the growth of the entire resort. Each of the five projects below is a separate engine of this growth.
-
Formula 1
A racing circuit within the resort. A destination for global sports tourism.
-
Casino
The first legal gambling zone in Azerbaijan. It attracts affluent tourists year-round – the foundation of premium rental demand.
-
Cipriani Tower
A tower by one of the world’s most recognizable luxury brands. An anchor development for the entire waterfront.
-
Fire Island
An artificial island – an expansion of the resort’s usable territory. The creation of a new coastline opens up new properties in the resort’s most valuable zone.
-
DREAM Arena
A multifunctional arena for concerts and sporting events. A driver of year-round event tourism.
-
Venetian Harbour
Opening of a marina for yachts and an artificial wave
All five drivers operate simultaneously. Their combined effect is a multiple-fold increase in the resort across every key parameter.
today
in 5 years
Area
1,000+ ha
1,850+ ha
+0%
+0%
Beach area
7+ km
22+ km
+0%
+0%
Residents
60,000+
500,000+
+0%
+0%
Real estate
3.5+ million m²
30+ million m²
+0%
+0%
Projects
50+
250+
+0%
+0%
Sea Breeze offers formats for
different objectives
Current
Properties
Investment
Options
Sea Breeze works with two types of investors. A private investor purchases a portfolio of apartments and earns income from them. A business partner enters at the earliest stage of construction and earns as a developer. Each format has its own investment amount, opportunities, and role.
Wholesale
Investments
Joint
Construction
Full-Cycle
Development
B2C
Portfolio in projects
under construction and
completed projects
For a private investor who wants a ready rental asset with minimal effort.
Bonus: the option to reinvest the proceeds into new real estate projects.
Acquisition of a portfolio of assets in Sea Breeze projects under construction in one of three formats:
-
1
Purchase of a pool of lots in different projects – diversification across several resort properties
-
2
Purchase of a floor (or several floors) in a project – concentration at one location with scale
-
3
Purchase of a building in a project – your own hotel/apart-hotel complex under the Sea Breeze brand
Portfolio in projects
under construction and
completed projects
For a private investor who wants a ready rental asset with minimal effort.
B2B
Development
Partnership
For a business investor who wants to enter at the land stage and earn as a developer rather than as a buyer.
What is offered:
-
1
Acquisition of a land plot to implement your own project
-
2
Acquisition of a land plot to implement one of the Sea Breeze projects
-
3
Project implementation in partnership with Sea Breeze
Development
Partnership
For a business investor who wants to enter at the land stage and earn as a developer rather than as a buyer.
Sea Breeze is being developed under the personal leadership of Emin Agalarov and the Agalarov Development team. The company’s portfolio includes 60+ completed and ongoing projects of international scale.
Project Head
Emin
Agalarov
Emin Agalarov participates in the strategic development of Sea Breeze and represents the project on the international stage, meeting with heads of state, business leaders, and participating in key business platforms around the world.
Sea Breeze Uzbekistan
Expansion beyond Azerbaijan
In December 2024, Emin Agalarov presented the Sea Breeze Uzbekistan project to President of Uzbekistan Shavkat Mirziyoyev – an international tourism center on the shores of the Charvak Reservoir. The master plan is being developed by Scott Brownrigg, an architectural firm ranked among the world’s top 100 architecture firms.
Residential and resort complex area
570 ha
Estimated value
$7-10 billion
Sea Breeze
Awards
Professional awards confirm Sea Breeze’s status as one of the region’s most prominent projects.
-
2025 / 2026
Asia Pacific Property Awards
-
2025
NYX Awards
-
2024
World Architecture Festival
-
2024
Award of the Urban Planning Committee of Azerbaijan
-
2024 / 2025
“Real Estate Market Records” Award
