Property Prices in Grenada

Index
Price to Income Ratio:	146.93
Mortgage as Percentage of Income:	1,366.66%
Loan Affordability Index:	0.07
Price to Rent Ratio - City Centre:	15.98
Price to Rent Ratio - Outside of Centre:	754.63
Gross Rental Yield (City Centre):	6.26%
Gross Rental Yield (Outside of Centre):	0.13%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,270.56 EC$	999.42-1,706.45
Apartment (1 bedroom) Outside of Centre	839.73 EC$	550.00-1,422.04
Apartment (3 bedrooms) in City Centre	3,087.64 EC$	1,800.00-6,000.00
Apartment (3 bedrooms) Outside of Centre	1,533.74 EC$	1,300.00-2,500.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	476.24 EC$	278.71-673.77
Price per Square Feet to Buy Apartment Outside of Centre	12,929.50 EC$	422.76-32,515.79
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	2,455.18 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.00	4.00-8.00

These data are based on 48 entries in the past 18 months from 11 different contributors.
Last update: April 2022
Our data for each country are based on all entries from all cities in that country.

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