Property Prices in Grenada

Index Info
Price to Income Ratio: 87.92
Mortgage as Percentage of Income: 796.78%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 10.23
Price to Rent Ratio - Outside of Centre: 478.28
Gross Rental Yield (City Centre): 9.78%
Gross Rental Yield (Outside of Centre): 0.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,717.44 EC$ 1,200.00-2,702.55
Apartment (1 bedroom) Outside of Centre 991.44 EC$ 750.00-1,440.80
Apartment (3 bedrooms) in City Centre 3,046.72 EC$ 2,000.00-8,107.65
Apartment (3 bedrooms) Outside of Centre 1,736.52 EC$ 1,200.00-4,053.82
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 353.79 EC$ 100.00-682.65
Price per Square Feet to Buy Apartment Outside of Centre 9,494.94 EC$ 185.80-27,870.68
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,014.48 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 5.00-8.00

These data are based on 40 entries in the past 18 months from 6 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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