Property Prices in Bermuda

Index Info
Price to Income Ratio: 6.42
Mortgage as Percentage of Income: 58.93%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 16.05
Price to Rent Ratio - Outside of Centre: 11.93
Gross Rental Yield (City Centre): 6.23%
Gross Rental Yield (Outside of Centre): 8.38%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,790.91 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,945.31 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 5,720.00 $ 4,500.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 4,468.07 $ 3,500.00-6,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 964.51 $ 929.02-999.99
Price per Square Feet to Buy Apartment Outside of Centre 528.70 $ 500.00-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,262.63 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 5.65-7.50

These data are based on 99 entries in the past 18 months from 21 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages:

DeutschImmobilienpreise in Bermuda
PortuguêsPreços de Imóveis nas Bermudas
ItalianoPrezzi delle proprietà immobiliari in Bermuda
FrançaisPrix de l'immobilier aux Bermudes
EspañolPrecios de Inmuebles en Bermuda