Property Prices in Grenada

Index Info
Price to Income Ratio: 171.51
Mortgage as Percentage of Income: 1,564.63%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 10.53
Price to Rent Ratio - Outside of Centre: 851.34
Gross Rental Yield (City Centre): 9.50%
Gross Rental Yield (Outside of Centre): 0.12%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,622.69 EC$ 1,000.00-2,880.92
Apartment (1 bedroom) Outside of Centre 984.02 EC$ 750.00-1,455.45
Apartment (3 bedrooms) in City Centre 3,104.95 EC$ 1,800.00-8,107.65
Apartment (3 bedrooms) Outside of Centre 1,698.62 EC$ 1,200.00-4,053.83
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 356.10 EC$ 100.00-689.60
Price per Square Feet to Buy Apartment Outside of Centre 16,667.28 EC$ 432.69-32,515.79
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,670.94 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.75 4.00-8.00

These data are based on 50 entries in the past 18 months from 10 different contributors.
Last update: April 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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