Property Prices in Bahamas

Index Info
Price to Income Ratio: 4.88
Mortgage as Percentage of Income: 43.89%
Loan Affordability Index: 2.28
Price to Rent Ratio - City Centre: 7.94
Price to Rent Ratio - Outside of Centre: 5.25
Gross Rental Yield (City Centre): 12.59%
Gross Rental Yield (Outside of Centre): 19.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 996.43 $ 700.00-1,500.00
Apartment (1 bedroom) Outside of Centre 945.83 $ 700.00-1,700.00
Apartment (3 bedrooms) in City Centre 2,352.83 $ 1,234.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,628.57 $ 1,500.00-5,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 182.90 $ 120.00-278.71
Price per Square Feet to Buy Apartment Outside of Centre 125.28 $ 23.23-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,698.39 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.56 4.50-12.00

These data are based on 116 entries in the past 18 months from 21 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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