Tourexpi
Behind
a modern, undulating façade inspired by the gentle movements of the waves, this
architectural marvel will be home to 37 elegantly appointed private residences,
providing a stylish base for owners and investors looking for a home in Baku.
The project, already built and currently under finalization on Seafront
Boulevard, is being developed by Azerbaijani real estate company Baku City
Residences, which has to date completed seven residential real estate projects
totalling more than 2,500 homes and has five new projects in the
pipeline.
“In
recent decades, Baku has become a beacon of industry and entrepreneurship in
the Caspian Sea region,” says Barbara Muckermann, Chief Executive Officer,
Kempinski Group. “In Kempinski Residences Bayil Bay, we will introduce owners
to a standard of luxury lifestyle that reflects the timeless elegance of
Kempinski hospitality, accompanied by inspiring views of the Caspian Sea and
the most beautifully appointed interiors in Baku.”
Five
different categories of private residences ranging from 249-436.6 sq m will be
available for full ownership, affording investors the chance to experience the
benefits of a Kempinski hotel stay courtesy of a team of dedicated Kempinski
hosts. In addition to the 37 residences, which all boast spacious private
terraces, the project will include three floors of luxury retail, a private
lounge area with meetings spaces, gym, video conferencing room, and a
fine-dining restaurant with panoramic outdoor terraces overlooking the tranquil
waters of Bayil Bay.
A
state-of-the-art spa and fitness centre managed by a leading international
brand will provide a sanctuary in which owners can relax and rejuvenate,
complete with infinity-edge swimming pool, Turkish bath, Pilates studio, salt
room and a Finnish sauna, while a subterranean parking garage for the exclusive
use of residence owners will be fitted with electric car charging points and a
car wash station. The clever architectural design by renowned Italian architect
Mauro Lipparini incorporates a vented façade with thermal insulation and an
abundance of leafy plants draped between private terraces, designed to create
an ambient environment all year round.
Kempinski
Residences Bayil Bay is situated in close proximity to some of Baku’s most
iconic attractions including the Old City, Maiden Tower and the Azerbaijani
National Carpet Museum, as well as key business and events venues such as Baku
Crystal Hall and the iconic Flame Towers, a symbol of Azerbaijan’s economic
success and abundant natural resources. A 40-minute drive to the north of Baku,
Yanar Dag, the Burning Mountain, is home to the eternal flame that gave
Azerbaijan its nickname, the ‘Land of Fire’.
Accessed
via Heydar Aliyev International Airport, Baku is the stage upon which a growing
collection of international sporting and cultural events have been set,
including the annual Baku International Jazz Festival, the UEFA European
Football Championships (2020) and the Azerbaijan Grand Prix, which was
inaugurated in 2017 and takes place annually on the historic streets around
Baku Old Town. From November 11-22, the city will host the 29th session of
the Conference of the Parties to the United Nations Framework Convention on
Climate Change (COP29), a global gathering dedicated to tackling
climate-change.
“Further
building upon our reputation for developing some of the leading premium real
estate in Azerbaijan, Kempinski Residences Bayil Bay will raise the bar for
luxury living in Baku,” says Ramil Maharramov, CEO, Baku City Residences. “By
partnering with Kempinski, we can confidently offer discerning investors the
promise of a luxury lifestyle that surpasses anything currently available in
Azerbaijan, curated by Europe’s oldest and most prestigious hospitality
company.”
Kempinski
Residences Bayil Bay are expected to be complete by Q2 2025.
Image
Credit: © Kempinski Hotels
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