Property Prices in Bermuda

Index Info
Price to Income Ratio: 7.06
Mortgage as Percentage of Income: 63.67%
Loan Affordability Index: 1.57
Price to Rent Ratio - City Centre: 15.59
Price to Rent Ratio - Outside of Centre: 11.89
Gross Rental Yield (City Centre): 6.41%
Gross Rental Yield (Outside of Centre): 8.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,836.36 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,960.69 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 5,966.67 $ 5,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 4,462.75 $ 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) 5,694.70 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 5.65-7.50

These data are based on 96 entries in the past 18 months from 20 different contributors.
Last update: June 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