Property Prices in George Town, Cayman Islands

Index Info
Price to Income Ratio: 4.67
Mortgage as Percentage of Income: 44.00%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 12.65
Price to Rent Ratio - Outside of Centre: 7.26
Gross Rental Yield (City Centre): 7.91%
Gross Rental Yield (Outside of Centre): 13.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,435.71 KY$ 2,100.00-2,750.00
Apartment (1 bedroom) Outside of Centre 2,183.33 KY$ 1,750.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,862.50 KY$ 4,100.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 4,033.33 KY$ 3,500.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 654.99 KY$ 465.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 325.00 KY$ 300.00-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,647.99 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.17 4.25-9.00

These data are based on 59 entries in the past 18 months from 11 different contributors.
Last update: January 2025

Sources and References
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