Property Prices in Bahamas

Index Info
Price to Income Ratio: 4.34
Mortgage as Percentage of Income: 41.86%
Loan Affordability Index: 2.39
Price to Rent Ratio - City Centre: 7.26
Price to Rent Ratio - Outside of Centre: 5.00
Gross Rental Yield (City Centre): 13.77%
Gross Rental Yield (Outside of Centre): 20.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,016.67 $ 550.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,152.50 $ 600.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,622.22 $ 1,200.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 2,522.22 $ 1,000.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 178.84 $ 78.97-278.71
Price per Square Feet to Buy Apartment Outside of Centre 128.07 $ 31.59-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,902.06 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.46 4.75-15.00

These data are based on 88 entries in the past 18 months from 17 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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