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Cayman Is.: House Prices, Rents, and Rental Yields

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Last Updated: Mar 13, 2009

Average prices at US$3,274 per sq. m.

Last Updated: Dec. 18, 2008
GRAND CAYMAN - Condominiums COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
80 sq. m. 250,800 n.a. n.a. 3,135 n.a.
120 sq. m. 402,240 n.a. n.a. 3,352 n.a.
150 sq. m. 536,700 n.a. n.a. 3,578 n.a.
200 sq. m. 606,200 n.a. n.a. 3,031 n.a.
Districts researched:
Grand Cayman: 7 Mile Beach, South Sound, East End, West Bay, North Side and Prospect
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Our best estimate is that prices have moved little since 2005. There appears to have been an upward blip in 2006/7, but that has been followed by a downward movement in prices during 2008.

We lack information on rental prices in Gran Cayman. This is because so many lets are short-term. Without a reliable guide to vacancy levels, using short-term rentals figures would distort our results.

 

 

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