CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's fortnightly email newsletter.


Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 


Financial Overview

Directory

Property Search

Global Statistics

Regional Statistics






Feb 14, 2012

Rental incomes in British Virgin Islands – very poor rental yields


Last Updated: Feb. 14, 2012
BVI - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
1 BR n.a. 1,086 n.a. n.a. n.a.
2 BR n.a. 1,657 n.a. n.a. n.a.
3 BR n.a. 3,054 n.a. n.a. n.a.
BVI - Houses
3 BR 1,293,750 3,071 2.85% n.a. n.a.
4+ BR 1,945,682 n.a. n.a. n.a. n.a.
Districts researched:
Most properties are found in Virgin Gorda and Tortola
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Rental yields are poor in the British Virgin Islands, with annual returns of only 2.85% - but then most people don’t buy here to rent. Three-bedroom houses in the British Virgin Islands sell for about US$1.3 million, but only earn average monthly rental incomes of around US$3,000.

House prices have fallen a little. Four-bedroom houses cost about US$2 million, a bit cheaper than last year’s price of US$2.5 million.

Rental incomes from apartments remain at just above last year’s levels.  Last year, apartments in Virgin Goda and Tortola rented for an average of US$1,800 per month. This year, rents have risen slightly to an average of US$1,900 per month.  

    





Comments


Be the first to comment on this article!



Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.



Compare Countries



Free Newsletter

Fortnightly updates from the global property arena directly to your inbox.


Email Address:





Connect to professional advice in British Virgin Is.





PROPERTY RECOMMENDATIONS

 
Download free property reports from international research houses

Our Newsletter

 
Fortnightly updates from the global property arena directly to your inbox.

Manage subscriptions