Baku and the Absheron Peninsula have seen a sharp drop in demand for private homes located in high flood-risk zones. According to industry experts, although the price of such properties has nearly halved after recent heavy rains, the number of buyers is close to zero. Only occasionally do these plots and buildings attract buyers from the regions, who lack full knowledge of local specifics and are tempted by extremely low prices, while the overall sales trend in this segment remains dismal.
Real estate market specialists strongly advise potential buyers to pay attention not only to attractive prices but also to the area's infrastructure, and to soberly assess the real risks of potential flooding. The main problem in vulnerable areas is the acute shortage or complete absence of quality utilities and sewage systems, causing drainage channels to fail under heavy water flow, inevitably leading to flooding of living spaces. To avoid such disasters, citizens are advised to choose plots on elevated ground and prefer locations with dense, developed utility networks.
In addition to the physical location of the house, experts urge thorough checks of legal documentation for the property. An official extract stating that the plot is designated for residential use serves as a kind of guarantee that the area is planned to have all necessary utilities. Notably, amid growing climate concerns, a new trend has emerged: buyers are showing increased interest in houses with high foundations, reasonably believing that such architectural solutions will protect property and furniture from damage in the event of sudden floods.