Property Prices in George Town, Cayman Islands

Index Info
Price to Income Ratio: 5.31
Mortgage as Percentage of Income: 52.30%
Loan Affordability Index: 1.91
Price to Rent Ratio - City Centre: 12.46
Price to Rent Ratio - Outside of Centre: 7.42
Gross Rental Yield (City Centre): 8.03%
Gross Rental Yield (Outside of Centre): 13.47%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,457.14 KY$ 2,200.00-2,700.00
Apartment (1 bedroom) Outside of Centre 2,128.57 KY$ 1,750.00-2,500.00
Apartment (3 bedrooms) in City Centre 4,971.43 KY$ 4,500.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 3,957.14 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) 4,967.56 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.75 4.25-9.00

These data are based on 59 entries in the past 18 months from 10 different contributors.
Last update: October 2024

Sources and References
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