Property Prices in Grenada

Index Info
Price to Income Ratio: 117.70
Mortgage as Percentage of Income: 1,066.71%
Loan Affordability Index: 0.09
Price to Rent Ratio - City Centre: 4.26
Price to Rent Ratio - Outside of Centre: 623.00
Gross Rental Yield (City Centre): 23.46%
Gross Rental Yield (Outside of Centre): 0.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,967.46 EC$ 1,200.00-2,702.55
Apartment (1 bedroom) Outside of Centre 995.41 EC$ 750.00-1,351.27
Apartment (3 bedrooms) in City Centre 4,437.20 EC$ 2,000.00-8,107.65
Apartment (3 bedrooms) Outside of Centre 2,253.65 EC$ 1,200.00-4,053.83
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 189.35 EC$ 100.00-278.71
Price per Square Feet to Buy Apartment Outside of Centre 14,028.24 EC$ 185.80-27,870.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,250.48 EC$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 5.00-8.00

These data are based on 33 entries in the past 18 months from 5 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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