|
Last Updated: Nov 24, 2005 |
| PORT LOUIS |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 100 sq. m. |
85,000 |
300 |
4.24% |
850 |
3.00 |
| 200 sq. m. |
160,000 |
600 |
4.50% |
800 |
3.00 |
| 300 sq. m. |
250,000 |
1,200 |
5.76% |
833 |
4.00 |
| 500 sq. m. |
350,000 |
1,800 |
6.17% |
700 |
3.60 |
| Source: Global Property Guide |
Property prices are around US$700 to US$850 per sq. m. A 100-square meter (sq. m.) property in Port Louis can be bought for around US$85,000. A 500 sq. m. property would cost around US$350,000.
A 500-sq. m property in Port Louis can produce income from rent of around 6.17% per annum. The general rule here is that the smaller the property, the lower the yields. With a 200-sq. m property, the yield can go down to about 4.5%.
Add your comment