Property Prices in Barbados, Barbados

Index Info
Price to Income Ratio: 15.62
Mortgage as Percentage of Income: 127.92%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 17.48
Price to Rent Ratio - Outside of Centre: 32.48
Gross Rental Yield (City Centre): 5.72%
Gross Rental Yield (Outside of Centre): 3.08%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,623.64 Bds$ 1,100.00-4,132.00
Apartment (1 bedroom) Outside of Centre 966.67 Bds$ 900.00-1,000.00
Apartment (3 bedrooms) in City Centre 3,247.22 Bds$ 2,500.00-5,488.88
Apartment (3 bedrooms) Outside of Centre 1,825.00 Bds$ 1,300.00-4,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 603.86 Bds$
Price per Square Feet to Buy Apartment Outside of Centre 650.32 Bds$
Salaries And Financing
Average Monthly Net Salary (After Tax) 2,160.00 Bds$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.40 4.00-6.20

These data are based on 35 entries in the past 18 months from 7 different contributors.
Last update: March 2023

Sources and References
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