Property Prices in Grenada

Index Info
Price to Income Ratio: 87.79
Mortgage as Percentage of Income: 795.64%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 10.24
Price to Rent Ratio - Outside of Centre: 477.33
Gross Rental Yield (City Centre): 9.76%
Gross Rental Yield (Outside of Centre): 0.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,721.97 EC$ 1,200.00-2,702.55
Apartment (1 bedroom) Outside of Centre 992.67 EC$ 750.00-1,449.04
Apartment (3 bedrooms) in City Centre 3,054.13 EC$ 2,000.00-8,107.65
Apartment (3 bedrooms) Outside of Centre 1,741.87 EC$ 1,200.00-4,053.82
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 355.09 EC$ 100.00-686.56
Price per Square Feet to Buy Apartment Outside of Centre 9,495.75 EC$ 185.80-27,870.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,019.42 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 5.00-8.00

These data are based on 40 entries in the past 18 months from 6 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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