Property Prices in Barbados

Index Info
Price to Income Ratio: 14.67
Mortgage as Percentage of Income: 122.32%
Loan Affordability Index: 0.82
Price to Rent Ratio - City Centre: 20.40
Price to Rent Ratio - Outside of Centre: 26.83
Gross Rental Yield (City Centre): 4.90%
Gross Rental Yield (Outside of Centre): 3.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,314.28 Bds$ 900.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,037.50 Bds$ 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,398.76 Bds$ 2,200.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,500.00 Bds$ 1,800.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 650.32 Bds$ 650.32-799.99
Price per Square Feet to Buy Apartment Outside of Centre 650.32 Bds$ 650.32-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,386.33 Bds$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.62 4.00-9.00

These data are based on 91 entries in the past 18 months from 17 different contributors.
Last update: June 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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