Aparthotel YES at Sea Breeze: The Cheapest Ticket Here Is Not Sold as a Home

Sea Breeze's interactive master plan lists forty-one real-estate projects. Forty of them are named the way the sales pages name them. One is not.

Entry twenty-six reads "aparthotel yes".

Its own project page never uses that word. It sells YES the way it sells the apartment towers: a price per square metre, interest-free instalments, an ABB Bank mortgage for Azerbaijani citizens in salaried employment. At $82,000 it is the joint-cheapest entry ticket of the thirty-five Sea Breeze projects that publish one, and we have written it up as exactly that - the cheapest thing on the resort you could furnish-free move into.

The master plan says it is a hotel.

What the developer publishes

Nine fields, from the project page read 6 November 2026.

Field	Published
Units	936
Areas	26-121 m²
Floors	16
Completion	December 2029
Status	in construction
Finishing	turnkey (fully furnished and equipped)
Price	$82,000 - $462,000
Advertised rate	from $2,950/m²
Project scale	2.30 ha, fourth coastline

On site: a restaurant, a fitness centre and outdoor swimming pools. No building count, no unit mix, no parking figure, and no operator named.

Every number on that page fits a hotel better than a block of flats

Taken one at a time the fields look unremarkable. Taken together they describe a building type.

Measure	YES	Where it ranks
Smallest unit	26 m²	smallest of all forty, 3 m² below the next
Units per hectare	407	2nd of the thirty-six that publish a hectare figure
Floors	16	5th-tallest of the thirty-three with a numeric floor count
Finishing	fully furnished and equipped	one of two in construction
Advertised rate	$2,950/m²	9th-dearest of thirty-three, against a $2,450 median

Nine hundred and thirty-six units on 2.3 hectares is the second-densest plot on the resort, behind only Park Lane's 488 per hectare. Sixteen floors of 26 m² furnished units at a rate in the dearest third, on a 2.3-hectare site with a restaurant and a gym - that is the shape of an apart-hotel, and the master plan says so in the project's name.

The aparthotel category already exists here, and it is mostly delivered

The master plan carries a second tab for hotels. Five entries on it are labelled "Apart-hotel": The Grand, Lighthouse, White Residences, Sea Breeze Hotel and Dream Hotel. White Villas 1, White Villas 2 and CaspiMayr Retreat Beach Resort are labelled "Villas"; Park Residences 1 and 2 are labelled "Residential complex"; Woodville is "Townhouses and apartments".

So the resort already runs apart-hotels, and the ones it runs are finished buildings. White Residences is both an apart-hotel on that tab and a project page selling apartments at $3,200/m² - and its units appear on the resort's own booking platform at "from $147" a night, a figure we showed is a platform default and use for nothing. White Villas is the same arrangement on a villa footprint.

YES is the first of them to be sold off-plan. Everything else in the category was built, then let. This one is being sold by the square metre, three years before handover, as furnished stock.

Both furnished-off-plan projects sit high on the rate table

Exactly two of the forty publish the finishing wording "turnkey (fully furnished and equipped)" while still in construction.

Project	Rate	Rank of 33	Entry	Smallest unit	Handover
Caspian Dream Liner	$7,500/m²	1st	$608,000	50 m²	2029
YES	$2,950/m²	9th	$82,000	26 m²	December 2029

They hold the dearest and the ninth-dearest advertised rates of the thirty-three projects that publish one. It is tempting to read the furniture into the rate, and we are not going to: n is two, the two projects share almost nothing else, and the median project here publishes $2,450 without furniture. Two cases cannot carry a claim about pricing. What they do establish is narrower and checkable - that both projects promising a furnished apartment before it exists are priced above the resort's middle.

Where the arithmetic unusually holds

The recurring problem with this resort's pricing is that the advertised rate and the cheapest apartment do not describe the same unit. Divide the entry price by the advertised rate and you get the area of the apartment the two figures agree on; on thirty-one of the thirty-three projects with complete data, that area is larger than the smallest unit the project sells.

Figure	YES
Entry price ÷ advertised rate	$82,000 ÷ $2,950 = 27.8 m²
Smallest unit published	26 m²
Gap	1.8 m², a ratio of 1.069
In cash	26 m² × $2,950 = $76,700 against a published $82,000 - $5,300 apart
Ceiling bound, $462,000 ÷ 121 m²	$3,818/m², above the advertised rate, as it should be

A $5,300 gap is the fifth-smallest in dollar terms of the thirty-three, behind Whitestone Beach, Lighthouse 2, Harbour Residence and Premium Residence. On this project the published rate is close enough to the entry unit to be worth using: at $2,950/m², a 40 m² unit should land near $118,000, and if a sales office quotes materially more than that, the gap is the question to ask.

That makes YES the second project in a row, after Woodville, where all three published figures nearly agree. The two have nothing in common - 26 m² against 95 m², a tower against townhouses - which is the point we made there: the size of the gap is a pricing decision project by project, not a structural feature you can predict.

The cheapest ticket carries the largest deposit

The payment terms on this page are the resort-wide block, and we have shown they are reproduced verbatim across project pages. But one clause that reads as boilerplate elsewhere bites here.

Term	As published
Full payment	100%
Instalments to 12 months	interest-free, from 30% down
Instalments to 36 months	interest-free, 1+1 and larger
Studios	50% minimum down payment
Mortgage	ABB Bank, Azerbaijani citizens, official employment and salary income in Azerbaijan

At Woodville that studio clause is printed on a project with no studios, which is how we established the terms are a template. Here it applies. A 26 m² unit is a studio, so the resort's cheapest apartment is the one required to put half the price down - about $41,000 in cash against an $82,000 unit, on a building scheduled for December 2029. The buyer with the least money gets the shortest runway, and a 1+1 at twice the price gets thirty-six interest-free months.

The site publishes two different prices for the same project

While reading YES we followed the "other projects" carousel at the foot of the page and checked each price against the project's own page. Eleven carried a price. Six did not match.

Project	Its own page	The carousel	Difference
Gardens Residences	$215,000	$164,000	-$51,000
Skyline	$245,000	$197,000	-$48,000
Paradise	$121,000	$133,000	+$12,000
Lighthouse 2	$86,000	$90,000	+$4,000
Monaco Residence	$139,000	$135,000	-$4,000
Malibu Residence	$97,000	$100,000	+$3,000

Five matched exactly: Park Lane, Sky Park, Woodville, Prime Residence 1 and Lighthouse. Four of the differences are $3,000 to $12,000 and could be rounding or a price revision. Two cannot be: Gardens Residences appears in the carousel 24% below what its own page charges, and Skyline 20% below.

The project index at /en/real-estate is a different matter - all four cards we could read there matched their project pages to the dollar. It is the cross-sell carousel that drifts. We cannot tell which figure is current, and we have not treated the lower ones as prices. Our Skyline guide argues that a 45 m² apartment cannot cost less than the project's $245,000 entry, which puts the floor at $5,444/m² against an advertised $4,000; recomputed on the carousel's $197,000 it is $4,378/m², still above the advertised rate. The argument survives either number, which is the only reason we are comfortable leaving it standing.

Our master list of all forty project pages records the figure each project's own page publishes.

Two projects on the master plan have no project page in our catalogue

The map names forty-one real-estate projects. Our catalogue, collected from the project pages on 25 October 2026, holds forty rows. The map carries "park residences 1" and "miami residence Completion 2029"; neither has a catalogue row with the nine fields.

Park Residences 1 also appears on the hotels tab as a "Residential complex", and Miami Residence we have written about from other material. The real-estate index is paginated behind a "show more" control, so we could not establish that no page exists for either - only that the collection behind every count in our Sea Breeze guides covers forty projects and the master plan names at least forty-one. Where those guides say "of the forty", they mean the forty project pages, not the whole resort.

Six questions to ask before you sign

1. Is this sold as an apartment or as an apart-hotel unit? Ask it in those words, and ask for the answer in the contract. It governs whether you can occupy it, whether an operator controls letting, and what the management agreement obliges you to.
2. If there is an operator, who, and on what split? The page names none. The resort's other apart-hotels are let through its own platform.
3. What exactly is the 26 m² unit, and what does "fully furnished and equipped" list? Ask for the inventory as a contract annexe, item by item.
4. What is the service charge per square metre per month? Not published. On a 936-unit building with a gym, a restaurant and pools, and at 26 m², the charge is a large share of any return.
5. Will the 50% studio deposit be held in escrow until December 2029? Ask where $41,000 sits for three years and what happens to it if the date slips.
6. What is the parking provision at 407 units per hectare? The page publishes no count and no ratio.

Our guides to the delivered versus off-plan split and to delivery-date slippage cover the December 2029 date in context.

Sources

• Sea Breeze official project page, yes-2, read 6 November 2026 - 936 apartments; 26-121 m²; 16 floors; completion December 2029; in construction; finishing "turnkey, fully furnished and equipped"; from $82,000 to $462,000; from $2,950/m²; 2.30 ha; fourth coastline; restaurant, fitness centre, outdoor swimming pools; the payment terms tabled above; the 15-35% growth and from-8% yield block. The word "aparthotel" does not appear on the page we read. The nine catalogue fields match the row collected on 25 October 2026.
• Sea Breeze official interactive master plan, /en/map, read 6 November 2026 - forty-one real-estate entries, of which entry twenty-six is named "aparthotel yes Completion 2029", and a separate hotels tab of twelve entries whose labels include "Apart-hotel" for The Grand, Lighthouse, White Residences, Sea Breeze Hotel and Dream Hotel.
• Sea Breeze official project pages for the carousel check, read 6 November 2026 - gardens-residences-2 ($215,000, from $2,200/m², to $655,000, 528 units, 57-168 m², December 2027, 4.5 ha; its "number of floors" field reads "04.2026") and paradise-2 ($121,000, from $2,450/m², to $425,000, 1,004 units, 40-171 m², February 2029, 3.2 ha), each read against the prices the carousels on yes-2 and gardens-residences-2 show for them, and the four cards readable on the /en/real-estate index.
• The forty-project catalogue collected from the developer's own project pages on 25 October 2026, held as .claude/seo/data/seabreeze-official-2026-10-25.csv. Every count, rank and ratio here was computed from that file in code rather than typed: the 26 m² smallest-of-forty entry area and the 3 m² margin to Reportage Heights' 29 m²; the joint-cheapest $82,000 ticket among the thirty-five projects publishing an entry price; the 407 per hectare and its second rank of thirty-six; the sixteen floors and fifth rank of thirty-three; the $2,950 rate and its ninth rank of thirty-three against a $2,450 median; the two projects whose finishing reads "turnkey (fully furnished and equipped)" while in construction; the 27.8 m² implied entry area, the 1.069 ratio and its seventh rank of thirty-three, the $5,300 cash gap and its fifth rank, and the $3,818 ceiling bound.

Every per-square-metre figure here is our own division of the developer's published prices by the developer's published areas, and is labelled as such. No broker listing, partner page or tour-operator listing is used as the source of any figure.

Not verified: whether YES is contracted as residential stock or as apart-hotel inventory, which is the question the master plan's label raises and the project page does not answer; whether any operator is appointed and on what terms; what the 26 m² unit contains and what the furnishing inventory lists; how the 936 units split by size; the building count; the service charge; the parking count or ratio; and which of the two prices the site publishes for Gardens Residences and for Skyline is the current one. We have not seen a floor plan, a unit mix, a price list or a management agreement for this project, and we found no source independent of the developer that reports on it.