Property Prices in Grenada

Index Info
Price to Income Ratio: 167.42
Mortgage as Percentage of Income: 1,537.36%
Loan Affordability Index: 0.07
Price to Rent Ratio - City Centre: 8.20
Price to Rent Ratio - Outside of Centre: 654.60
Gross Rental Yield (City Centre): 12.20%
Gross Rental Yield (Outside of Centre): 0.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,524.76 EC$ 1,200.00-2,702.55
Apartment (1 bedroom) Outside of Centre 976.07 EC$ 750.00-1,351.28
Apartment (3 bedrooms) in City Centre 3,412.56 EC$ 2,000.00-8,107.65
Apartment (3 bedrooms) Outside of Centre 2,081.71 EC$ 1,200.00-4,053.83
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 281.07 EC$ 100.00-464.51
Price per Square Feet to Buy Apartment Outside of Centre 14,028.24 EC$ 185.80-27,870.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,300.00 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 5.00-8.00

These data are based on 50 entries in the past 18 months from 10 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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