Property Prices in Barbados

Index Info
Price to Income Ratio: 13.35
Mortgage as Percentage of Income: 104.74%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 19.13
Price to Rent Ratio - Outside of Centre: 31.05
Gross Rental Yield (City Centre): 5.23%
Gross Rental Yield (Outside of Centre): 3.22%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,285.17 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 3,090.00 Bds$ 1,800.00-5,488.88
Apartment (3 bedrooms) Outside of Centre 2,076.92 Bds$ 1,300.00-3,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 573.62 Bds$ 317.00-799.99
Price per Square Feet to Buy Apartment Outside of Centre 650.32 Bds$
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,466.67 Bds$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.89 4.00-6.20

These data are based on 100 entries in the past 18 months from 20 different contributors.
Last update: March 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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