Property Prices in Cayman Islands

Index Info
Price to Income Ratio: 9.75
Mortgage as Percentage of Income: 84.28%
Loan Affordability Index: 1.19
Price to Rent Ratio - City Centre: 16.32
Price to Rent Ratio - Outside of Centre: 15.27
Gross Rental Yield (City Centre): 6.13%
Gross Rental Yield (Outside of Centre): 6.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,246.87 KY$ 1,500.00-2,909.33
Apartment (1 bedroom) Outside of Centre 1,580.00 KY$ 1,200.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,211.11 KY$ 3,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 2,883.33 KY$ 2,100.00-3,800.00
Buy Apartment Price
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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 492.09 KY$ 350.00-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,446.67 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.06 4.25-6.50

These data are based on 89 entries in the past 18 months from 18 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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