Property Prices in Bermuda

Index
Price to Income Ratio:	6.65
Mortgage as Percentage of Income:	59.64%
Loan Affordability Index:	1.68
Price to Rent Ratio - City Centre:	16.94
Price to Rent Ratio - Outside of Centre:	12.98
Gross Rental Yield (City Centre):	5.90%
Gross Rental Yield (Outside of Centre):	7.71%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	2,636.36 $	2,000.00-4,000.00
Apartment (1 bedroom) Outside of Centre	1,907.42 $	1,500.00-3,000.00
Apartment (3 bedrooms) in City Centre	5,022.22 $	3,500.00-7,000.00
Apartment (3 bedrooms) Outside of Centre	4,281.00 $	2,800.00-5,403.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	929.02 $
Price per Square Feet to Buy Apartment Outside of Centre	557.41 $
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	6,012.63 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.52	5.50-7.00

These data are based on 89 entries in the past 18 months from 18 different contributors.
Last update: November 2020
Our data for each country are based on all entries from all cities in that country.

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