Palazzo del Mare: the Nearest Front-Row Handover at Sea Breeze

Of the sixteen first-coastline projects at Sea Breeze, Palazzo del Mare hands over first - and it hands over in two to three months. It is also sold as a bare shell, and it is the only first-coastline project on sale that publishes no price per square metre at all. Those three facts together make it the most checkable building on the resort, and the most likely to be misread.

Palazzo del Mare in One Table

	Palazzo del Mare
Apartments	939
Floors	8
Apartment area	49-196 m²
Price from	$139,000
Price up to	$431,000
Per m², from	not published
Completion	January 2027
Status	in construction
Finishing	without fit-out
Project scale	4.55 ha
Coastline	first

Every figure above was read from the official Palazzo del Mare project page on 25 October 2026 and held in our own data file. The resort's site now returns a 403 to our tools, so nothing here has been re-read since - which matters more than usual on this page, because a January 2027 date is close enough that the page may have moved.

January 2027 Is the Nearest Front-Row Handover on the Resort

Across the 40 projects in our master list of Sea Breeze projects, only one still-unfinished building hands over earlier, and it is not on the first coastline.

Project	Completion	Coastline	Finishing
Park Residences 3	December 2026	third	without fit-out
Palazzo del Mare	January 2027	first	without fit-out
Skyline	May 2027	first	fit-out
Palm Beach	December 2027	first	fit-out
Prime Residence 3	December 2027	first	without fit-out

This is the single most useful property of the building, and not because earlier is better. It is because a date two to three months away is a date you can verify yourself. Every other claim on this resort - 2029 handovers, a 2035 master plan, seven-to-eight-year horizons - rests on trusting a schedule. A January 2027 completion does not: the building either stands finished within weeks of your visit or it visibly does not.

Our delivery-date slippage audit sets out what has happened to dates here, including Emin Agalarov's September 2026 statement that the development is 10-15% complete overall. Against that background, a project claiming completion in weeks is exactly the claim worth going to look at. Go and look at it.

The Same $139,000 as a Building Three Years Further Out

Palazzo del Mare's entry price of $139,000 is the joint-cheapest on the first coastline after the two Reportage projects - and the building it ties with is the comparison that matters.

Project	Price from	Completion	Floors	Coastline
Reportage Heights	$90,300	May 2030	30	first
Arabian Ranches	$115,000	December 2028	24	first
Harbour Residence	$133,100	March 2028	9	first
Palazzo del Mare	$139,000	January 2027	8	first
Monaco Residence	$139,000	December 2029	17-27	first

Monaco Residence asks the same $139,000 and completes in December 2029 - nearly three years later than Palazzo del Mare, on the same coastline. Reportage Heights is $48,700 cheaper to enter and completes in May 2030, three and a half years later.

That is the trade, stated plainly: on the first coastline at Sea Breeze, the cheapest entry prices belong to the latest handovers, and Palazzo del Mare is the exception. If the January 2027 date holds, it is buying three years of certainty at the same price as the alternative. If it slips, it is an ordinary mid-priced first-coastline apartment. Everything turns on the date, which is why the date is the thing to verify rather than negotiate.

The One First-Coastline Project With No Published Metre Rate

Of the sixteen first-coastline projects, thirteen publish a price per square metre. Three do not: the two White Villas projects, one marked sold and one with no price at all - and Palazzo del Mare, which is on sale with a full price range and no rate.

So the only per-metre figures available for this building are ones we calculate:

• $139,000 ÷ 49 m² = $2,837 per m² at the entry price and the smallest area
• $431,000 ÷ 196 m² = $2,199 per m² at the top price and the largest area

Both are our arithmetic, not the developer's. They bracket the first-coastline median of $2,700, which puts Palazzo del Mare squarely mid-priced for the front row rather than cheap for it.

There is a second reason to treat the missing field as a small mercy rather than a gap. Across the catalogue we found seven projects whose published per-metre rate is contradicted by their own price and area ranges - the case set out in full in our Skyline guide, where an advertised $4,000 a metre sits against a top price working out at $1,594. A project that publishes no rate cannot publish a misleading one. What it does mean is that you must do the division yourself, on the specific apartment offered, and not accept a headline rate from a broker.

A Shell Two to Three Months From Completion

Palazzo del Mare is sold without fit-out. The combination with a January 2027 date is unusual and has a practical consequence most buyers at this resort do not face.

Everywhere else at Sea Breeze, a shell comes with years before you must spend on it: Park Residences 4 is a shell completing February 2029, Park Lane a shell completing December 2028. Here the fit-out is the next thing that happens, not a 2029 problem. The money for flooring, kitchen, bathrooms, wardrobes and appliances is needed within months of the keys, and it is not in the $139,000.

We do not have a credible Baku fit-out cost to give you and will not invent one. The number to get is a per-square-metre quote from a contractor for a shell of your area, and it should be obtained before signing, not after, because on this building there is no gap in which to arrange it.

For how the metre rate compares outside the resort entirely, our price per square metre by Baku district is the relevant yardstick.

939 Apartments on Eight Floors

Palazzo del Mare holds 939 apartments on 8 floors across 4.55 hectares - about 206 apartments per hectare, mid-table for the resort.

Eight floors and 939 apartments cannot be one building: it would need roughly 117 apartments on every floor. So Palazzo del Mare is several low-rise blocks, which is the normal arrangement at Sea Breeze and not a criticism - twelve of the thirty-three projects that publish both figures work out above 100 apartments per floor on the same division. What it does mean is that "first coastline" describes the project, not your apartment. In a multi-block, eight-storey development on the front row, some blocks face the water and some face the blocks that face the water, and the developer publishes no site plan, no footprint and no orientation for any project here.

With a building this close to completion, that is a question with an unusually good answer available: the blocks exist. Ask which one, and then stand in it.

What to Ask

1. Is the building finished, and can I see the actual apartment? At two to three months out this is answerable by walking in, and it makes every other question secondary.
2. What is the price per square metre of the specific apartment offered? No rate is published, so the division is yours to do: the endpoints work out at $2,837 and $2,199.
3. Which block is it, and what does it face? On the front row with multiple eight-storey blocks, orientation is the whole difference, and it is unpublished.
4. What does the shell include in writing, and what will fit-out cost per m²? On this building that spend starts in months, not years.
5. What is the contractual handover date and the penalty if January 2027 slips? The nearness of the date is the entire value here, so it belongs in the contract.
6. How many of the 939 apartments are sold, and are any resales listed? A building weeks from completion should already have a secondary market, and that is the realest price signal available.

Sources

• Official Sea Breeze project page for Palazzo del Mare, read 25 October 2026 - 939 apartments; 8 floors; 49-196 m²; from $139,000 to $431,000; no price per m² published; completion January 2027; status in construction; without fit-out; 4.55 ha; first coastline. Recorded in .claude/seo/data/seabreeze-official-2026-10-25.csv.
• The same catalogue of 40 Sea Breeze projects, read 25 October 2026 - the source of every comparison here: the completion dates and finishing of the five nearest handovers, the first-coastline entry prices including Monaco Residence's matching $139,000 and December 2029 date, the count of 16 first-coastline projects of which 13 publish a metre rate, and the per-floor divisions.
• Emin Agalarov, quoted by Report.az, 26 September 2026 - the 10-15% completion figure for the development overall.
• The two per-metre figures, the density and the per-floor arithmetic on this page are our own calculations on the developer's published numbers. The developer publishes no per-metre rate for this project.

Not verified: whether the January 2027 date still stands or appears in a contract; the current state of the building; how many blocks Palazzo del Mare comprises and which face the water; what the shell specification covers; the cost of fitting out in Baku in 2027; and how many apartments have sold. The resort's own website returns a 403 to our tools, so nothing here was re-read after 25 October 2026. On a building this close to handover that caveat is sharper than usual: five days before this page was written the figures were current, and a completion date inside the next quarter is exactly the kind of figure that changes without notice. Verify it on site.