Property Prices in Bermuda

Index Info
Price to Income Ratio: 6.41
Mortgage as Percentage of Income: 58.30%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 13.91
Price to Rent Ratio - Outside of Centre: 10.88
Gross Rental Yield (City Centre): 7.19%
Gross Rental Yield (Outside of Centre): 9.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,390.00 $ 2,800.00-4,500.00
Apartment (1 bedroom) Outside of Centre 2,207.42 $ 1,600.00-4,000.00
Apartment (3 bedrooms) in City Centre 6,227.27 $ 5,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,730.20 $ 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) 6,270.96 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.71 5.50-7.50

These data are based on 98 entries in the past 18 months from 22 different contributors.
Last update: June 2022
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