Property Prices in Nassau, Bahamas

Index Info
Price to Income Ratio: 8.30
Mortgage as Percentage of Income: 77.54%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 9.85
Price to Rent Ratio - Outside of Centre: 7.34
Gross Rental Yield (City Centre): 10.15%
Gross Rental Yield (Outside of Centre): 13.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,862.50 $ 750.00-2,700.00
Apartment (1 bedroom) Outside of Centre 1,800.00 $ 1,200.00-2,200.00
Apartment (3 bedrooms) in City Centre 3,700.00 $ 1,800.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,680.00 $ 2,900.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 389.35 $ 278.71-500.00
Price per Square Feet to Buy Apartment Outside of Centre 284.21 $ 120.37-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,183.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.05 4.15-15.00

These data are based on 45 entries in the past 18 months from 9 different contributors.
Last update: February 2025

Sources and References
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