Property Prices in Cayman Islands

Index
Price to Income Ratio:	17.99
Mortgage as Percentage of Income:	150.94%
Loan Affordability Index:	0.66
Price to Rent Ratio - City Centre:	77.15
Price to Rent Ratio - Outside of Centre:	25.08
Gross Rental Yield (City Centre):	1.30%
Gross Rental Yield (Outside of Centre):	3.99%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,541.67 KY$	1,200.00-2,400.00
Apartment (1 bedroom) Outside of Centre	1,245.00 KY$	950.00-1,900.00
Apartment (3 bedrooms) in City Centre	3,722.22 KY$	3,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	3,161.54 KY$	2,000.00-4,500.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	2,781.05 KY$	600.00-6,999.94
Price per Square Feet to Buy Apartment Outside of Centre	749.85 KY$	603.86-929.02
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	5,282.08 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.70	5.50-6.50

These data are based on 110 entries in the past 18 months from 19 different contributors.
Last update: October 2020
Our data for each country are based on all entries from all cities in that country.

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