Property Prices in Georgetown, Guyana

Index Info
Price to Income Ratio: 29.73
Mortgage as Percentage of Income: 268.39%
Loan Affordability Index: 0.37
Price to Rent Ratio - City Centre: 24.88
Price to Rent Ratio - Outside of Centre: 25.20
Gross Rental Yield (City Centre): 4.02%
Gross Rental Yield (Outside of Centre): 3.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 168,297.98 GY$ 83,449.23-312,934.60
Apartment (1 bedroom) Outside of Centre 54,062.50 GY$ 40,000.00-100,000.00
Apartment (3 bedrooms) in City Centre 231,293.46 GY$ 90,000.00-625,869.21
Apartment (3 bedrooms) Outside of Centre 143,842.64 GY$ 80,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 75,832.37 GY$ 66,665.45-84,999.29
Price per Square Feet to Buy Apartment Outside of Centre 33,555.05 GY$ 8,999.93-49,999.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 99,000.00 GY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 4.50-8.00

These data are based on 68 entries in the past 18 months from 12 different contributors.
Last update: April 2024

Sources and References
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