With a sleek and undulating exterior inspired by the gentle ebb and flow of the sea, this architectural masterpiece will house 37 sophisticated private residences, offering a luxurious haven for owners and investors seeking a prestigious home in Azerbaijan's capital. The development, currently nearing completion on Seafront Boulevard, is being spearheaded by Baku City Residences, a leading Azerbaijani real estate firm that has successfully completed seven residential projects totaling over 2,500 homes, with five more in the pipeline.
Barbara Muckermann, CEO of Kempinski Group, commented, “In recent years, Baku has emerged as a hub of industry and innovation in the Caspian Sea region. At Kempinski Residences Bayil Bay, we will offer owners a standard of luxury that reflects the timeless elegance of Kempinski hospitality, complemented by breathtaking views of the Caspian Sea and the finest interiors in the city.”
The development will offer five distinct categories of private residences, ranging from 249 to 436.6 square meters, available for full ownership. This provides investors with the unique opportunity to enjoy the comforts of a Kempinski hotel experience, facilitated by a dedicated team of hosts. The 37 residences, all featuring expansive private terraces, will be complemented by three floors of luxury retail spaces, a private lounge with meeting rooms, a gym, video conferencing facilities, and a gourmet restaurant with panoramic outdoor terraces overlooking the serene waters of Bayil Bay.
A state-of-the-art spa and wellness center, managed by a renowned international brand, will provide owners with an oasis of relaxation, featuring an infinity-edge swimming pool, a Turkish bath, a Pilates studio, a salt room, and a Finnish sauna. In addition, a subterranean parking facility, exclusive to residents, will be equipped with electric vehicle charging stations and a car wash area. The architectural design by esteemed Italian architect Mauro Lipparini incorporates an innovative, ventilated façade with thermal insulation and lush greenery cascading from the private terraces, ensuring a comfortable and ambient environment throughout the year.
Kempinski Residences Bayil Bay is conveniently located near some of Baku’s most iconic landmarks, including the Old City, Maiden Tower, and the Azerbaijani National Carpet Museum, as well as major business and event venues such as Baku Crystal Hall and the striking Flame Towers, symbols of Azerbaijan’s economic prosperity and natural resources. A 40-minute drive north of the city takes visitors to Yanar Dag, the "Burning Mountain," where the eternal flame that gave Azerbaijan its nickname, the "Land of Fire," can be seen.
Baku, easily accessible via Heydar Aliyev International Airport, has become a prominent destination for international sports and cultural events. These include the Baku International Jazz Festival, the UEFA European Football Championships (2020), and the Azerbaijan Grand Prix, which has been hosted annually since 2017 on the historic streets surrounding Baku’s Old Town. In November 2024, the city will host the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), bringing global leaders together to address climate change.
Ramil Maharramov, CEO of Baku City Residences, stated, “Building upon our success in developing premium real estate in Azerbaijan, Kempinski Residences Bayil Bay will redefine luxury living in Baku. Through our collaboration with Kempinski, we are offering discerning investors a lifestyle that is unmatched in Azerbaijan, curated by Europe’s oldest and most prestigious hospitality brand.”
The completion of Kempinski Residences Bayil Bay is expected by Q2 2025.
Article source : https://www.kempinski.com/en/press-room/kempinski-signs-agreement-to-manage-the-most-exclusive-branded-residences-in-azerbaijan
