Property Prices in Cayman Islands

Index Info
Price to Income Ratio: 9.87
Mortgage as Percentage of Income: 94.82%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 19.22
Price to Rent Ratio - Outside of Centre: 18.04
Gross Rental Yield (City Centre): 5.20%
Gross Rental Yield (Outside of Centre): 5.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,311.11 KY$ 2,000.00-2,750.00
Apartment (1 bedroom) Outside of Centre 1,840.00 KY$ 1,500.00-2,400.00
Apartment (3 bedrooms) in City Centre 4,487.50 KY$ 3,800.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,662.50 KY$ 2,800.00-4,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 932.25 KY$ 500.00-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre 704.83 KY$ 350.00-1,299.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,463.06 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.42 4.25-9.00

These data are based on 84 entries in the past 18 months from 15 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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