Property Prices in Dominica

Index Info
Price to Income Ratio: 0.96
Mortgage as Percentage of Income: 24.09%
Loan Affordability Index: 4.15
Price to Rent Ratio - City Centre: 1.30
Price to Rent Ratio - Outside of Centre: 0.73
Gross Rental Yield (City Centre): 77.20%
Gross Rental Yield (Outside of Centre): 136.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 901.62 EC$ 506.49-2,208.38
Apartment (1 bedroom) Outside of Centre 637.50 EC$ 600.00-1,673.01
Apartment (3 bedrooms) in City Centre 2,836.51 EC$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 1,931.71 EC$ 1,500.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 31.64 EC$ 27.30-41.76
Price per Square Feet to Buy Apartment Outside of Centre 12.39 EC$ 10.65-13.65
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,238.50 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 25.00

These data are based on 40 entries in the past 18 months from 6 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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