Kempinski Group signs agreement to manage exclusive residences in Azerbaijan
The project is presently being finalised by Azerbaijani real estate firm Baku City Residences
Kempinski Residences Bayil Bay is slated to become the most coveted address in Azerbaijan when it opens next year.
Rising above the steel-blue waters of the Caspian Sea, and sporting 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 finalisation on Seafront Boulevard, is being developed by Azerbaijani real estate company Baku City Residences, which has currently completed seven residential real estate projects totalling more than 2,500 homes, and has an additional five new projects in the pipeline.
Kempinski Residences Bayil Bay is located within 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.
Kempinski Group CEO Barbara Muckermann said of the development: “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.”
A range of exquisite luxuries
Five different categories of private residences ranging from 249 to 436.6 sqm 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 meeting spaces, a 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.
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