Property Prices in Cayman Islands

Index Info
Price to Income Ratio: 13.15
Mortgage as Percentage of Income: 118.86%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 29.55
Price to Rent Ratio - Outside of Centre: 12.68
Gross Rental Yield (City Centre): 3.38%
Gross Rental Yield (Outside of Centre): 7.89%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,234.62 KY$ 1,800.00-2,750.00
Apartment (1 bedroom) Outside of Centre 1,669.64 KY$ 1,200.00-2,250.00
Apartment (3 bedrooms) in City Centre 4,566.67 KY$ 3,800.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,405.56 KY$ 2,750.00-4,300.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,420.15 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
Average Monthly Net Salary (After Tax) 3,835.51 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 4.25-9.00

These data are based on 90 entries in the past 18 months from 18 different contributors.
Last update: November 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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