Property Prices in George Town, Cayman Islands

Index Info
Price to Income Ratio: 8.44
Mortgage as Percentage of Income: 77.41%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 14.32
Price to Rent Ratio - Outside of Centre: 11.45
Gross Rental Yield (City Centre): 6.98%
Gross Rental Yield (Outside of Centre): 8.73%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,345.00 KY$ 2,000.00-2,915.51
Apartment (1 bedroom) Outside of Centre 1,681.39 KY$ 1,200.00-2,250.00
Apartment (3 bedrooms) in City Centre 4,487.50 KY$ 3,600.00-5,500.00
Apartment (3 bedrooms) Outside of Centre 3,192.86 KY$ 2,500.00-4,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 699.99 KY$ 500.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 400.00 KY$ 300.00-550.00
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,506.08 KY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.81 4.25-9.00

These data are based on 70 entries in the past 18 months from 15 different contributors.
Last update: May 2023

Sources and References
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