Property Prices in Castries, Saint Lucia

Index Info
Price to Income Ratio: 0.33
Mortgage as Percentage of Income: 3.08%
Loan Affordability Index: 32.47
Price to Rent Ratio - City Centre: 0.80
Price to Rent Ratio - Outside of Centre: 0.75
Gross Rental Yield (City Centre): 125.24%
Gross Rental Yield (Outside of Centre): 132.86%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,767.34 EC$ 1,110.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,100.00 EC$ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,290.51 EC$ 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,775.00 EC$ 1,500.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 25.00 EC$
Price per Square Feet to Buy Apartment Outside of Centre 16.00 EC$
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,333.33 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.00

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: August 2024

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1 Comments so far
Erán Bar Lev on Jul 02, 2024:
125% yield?! ~US$100 per square meter?! So an average apartment should cost about US$5,000?! This doesn't sound real to me. Can someone please confirm this?