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 |
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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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