Property Prices in Barbados

Index Info
Price to Income Ratio: 14.67
Mortgage as Percentage of Income: 115.00%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 20.92
Price to Rent Ratio - Outside of Centre: 30.57
Gross Rental Yield (City Centre): 4.78%
Gross Rental Yield (Outside of Centre): 3.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,284.91 Bds$ 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 934.62 Bds$ 600.00-1,300.00
Apartment (3 bedrooms) in City Centre 3,308.08 Bds$ 1,800.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,141.67 Bds$ 1,500.00-3,000.00
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) 2,385.19 Bds$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.88 4.00-6.20

These data are based on 107 entries in the past 18 months from 19 different contributors.
Last update: September 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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