British Virgin Is.: House Prices, Rents, and Rental Yields
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Last Updated: Feb 15, 2008
BVI is very expensive
| Last Updated: Feb. 15, 2008 | |||
| BVI - Apartments | COST (US$) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| 1-BR | n.a. | 1,286 | n.a. |
| 2-BR | n.a. | 1,808 | n.a. |
| 3-BR | n.a. | 2,810 | n.a. |
| BVI - Houses | |||
| 3-BR | 1,168,519 | n.a. | n.a. |
| 4-BR | 1,558,214 | n.a. | n.a. |
| 5-BR | 1,890,909 | n.a. | n.a. |
| Source: Global Property Guide | |||
Properties in BVI are among the most expensive in the Caribbean. Yet the BVI has lots of land, populated at a low density. The average price of a 3BR house and lot along the coast of Tortola and Virgin Goda is around US$1.2 million while a 5BR house costs around US$1.9 million.
In the classy island of Virgin Gorda, villas sell for US$3 million and up. "The idea is that Virgin Goda will be kept for the high end," says Smith. "The people who buy here would be unlikely to buuy in Tortola."
British Virgin Is. - more data and information
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posted by Jack Lombard (Bill Gates) Lombard | 2007-07-27
Retired, Guilford Ct. USA
We will continue to charter sailboats in this wonderful part of the world, every winter as we have done for the past 10 years.........Unfortunately, or fortunately, we are not prepared to lay out a million dollars, for what I'm sure will be a spectacular home.....I guess the local government will have little to worry about when it comes to their concern over too much growth !!!