Property Prices in Cayman Islands

Index Info
Price to Income Ratio: 8.66
Mortgage as Percentage of Income: 79.36%
Loan Affordability Index: 1.26
Price to Rent Ratio - City Centre: 15.62
Price to Rent Ratio - Outside of Centre: 13.04
Gross Rental Yield (City Centre): 6.40%
Gross Rental Yield (Outside of Centre): 7.67%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,334.62 KY$ 2,000.00-2,916.09
Apartment (1 bedroom) Outside of Centre 1,702.74 KY$ 1,200.00-2,250.00
Apartment (3 bedrooms) in City Centre 4,433.33 KY$ 3,600.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,138.89 KY$ 2,100.00-4,300.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 757.25 KY$ 500.00-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre 454.83 KY$ 350.00-550.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,768.38 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.81 4.25-9.00

These data are based on 91 entries in the past 18 months from 20 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: