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Bahamas: House Prices, Rents, and Rental Yields

Last Updated: Dec 23, 2008

Good yields in the Bahamas

Last Updated: Dec. 23, 2008
ABACO & GRAND BAHAMA - Waterfront condos COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
90 sq. m. 320,580 n.a. n.a. 3,562 n.a.
250 sq. m. 1,017,500 n.a. n.a. 4,070 n.a.
ABACO & GRAND BAHAMA - Waterfront houses
100 sq. m. 718,400 n.a. n.a. 7,184 n.a.
200 sq. m. 1,200,600 n.a. n.a. 6,003 n.a.
300 sq. m. 1,635,900 n.a. n.a. 5,453 n.a.
625 sq. m. 3,591,875 n.a. n.a. 5,747 n.a.
ABACO & GRAND BAHAMA - Inland condos
110 sq. m. 567,490 n.a. n.a. 5,159 n.a.
225 sq. m. 694,125 2,835 4.90% 3,085 12.60
NASSAU -
Waterfront condos
110 sq. m. 448,580 3,130 8.37% 4,078 28.45
220 sq. m. 1,030,920 5,711 6.65% 4,686 25.96
NASSAU -
Inland condos
160 sq. m. 633,280 3,589 6.80% 3,958 22.43
NASSAU -
Waterfront houses
200 sq. m. 912,200 4,814 6.33% 4,561 24.07
400 sq. m. 1,998,000 n.a. n.a. 4,995 n.a.
750 sq. m. 6,280,500 n.a. n.a. 8,374 n.a.
NASSAU -
Inland houses
200 sq. m. 444,200 4,088 11.04% 2,221 20.44
450 sq. m. 1,554,300 9,068 7.00% 3,454 20.15
Districts researched:
Abaco: Great Guana Cay, Hope Town/Elbow Cay, Treasure Cay, Tillo Cay, Scotland Cay, Green Turtle Cay, Leisure Lee, Casuarina Point, Marsh Harbour
Grand Bahama: Freeport, Fortune Bay, Colony Bay, Bell Channel Bay, Casa Loma, Bahamia, Lucaya/Lucayan Reef, Discovery Bay
Nassau: Lyford Cay, Port New Providence, Paradise Island, Cable Beach, Sandyport, Eastern Road, Old Fort Bay, Caves Point, Love Beach, West Bay Street
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Among the different types of properties in the Bahamas that we surveyed, inland houses Nassau have the highest average yields of 9.02%, versus 6.33% for houses along the water.

On the other hand, Nassau waterfront condominiums had slightly higher yields than condos inland.

 

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