Property Prices in Georgetown, Guyana

Index Info
Price to Income Ratio: 27.20
Mortgage as Percentage of Income: 248.14%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 29.22
Price to Rent Ratio - Outside of Centre: 27.48
Gross Rental Yield (City Centre): 3.42%
Gross Rental Yield (Outside of Centre): 3.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 83,750.00 GY$ 40,000.00-130,000.00
Apartment (1 bedroom) Outside of Centre 51,071.43 GY$ 40,000.00-70,000.00
Apartment (3 bedrooms) in City Centre 202,219.69 GY$ 90,000.00-300,000.00
Apartment (3 bedrooms) Outside of Centre 128,622.65 GY$ 70,000.00-200,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 57,221.52 GY$ 19,999.83-84,999.29
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) 89,825.00 GY$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.75 5.95-14.00

These data are based on 65 entries in the past 18 months from 11 different contributors.
Last update: May 2023

Sources and References
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