Crescent Bay Baku — Investor Guide 2026 | Property Center

Crescent Bay (also known as Crescent Residences) is one of the most luxurious residential projects on the central coastline of Baku, developed by PASHA Real Estate Group.

Who Develops the Project

The project is owned and developed by PASHA Real Estate Group, a subsidiary of PASHA Holding — one of the largest and most recognized real estate groups in Azerbaijan, with a presence in Turkey, Georgia, Uzbekistan, and Montenegro.

Project Features

The project includes luxury apartments with views of the Caspian Sea, a central location on the coastline, and high-level service infrastructure — typical of PASHA's flagship projects in Baku.

Feature	Detail
Developer	PASHA Real Estate Group
Location	Central coastline of Baku
Property Type	Luxury apartments

Why It Matters to Investors

Projects by a large and established developer like PASHA offer the advantage of stability and reputation, compared to smaller and less known developers — an important consideration in due diligence (see the full guide).

💰 The Best Investment Opportunity in Baku — Click Here

Chat with us on WhatsApp

Frequently Asked Questions

What is the difference between Crescent Bay and The Crescent Development?

These are two completely separate projects: Crescent Bay belongs to PASHA, while The Crescent Development belongs to Gilan Holding — two different developers (see the full guide for distinction).

Does PASHA operate only in Azerbaijan?

No — the group also has a presence in Turkey, Georgia, Uzbekistan, and Montenegro, indicating a significant international operational scope.

What does building maintenance include in such a luxury project?

In most luxury projects, security services, cleaning of common areas, and sometimes a gym and additional facilities are included — it is advisable to check the expected maintenance fees in advance.

The Next Step

The Property Center assists Israeli investors in Azerbaijan from A to Z. Contact us for a no-obligation consultation.