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Dec 05, 2005

Very poor yields in Dominica


Last Updated: Dec. 06, 2005
DOMINICA - Houses COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
100 sq. m. 120,300 675 6.73% 1,203 6.80
200 sq. m.  360,000 1,500 5.00% 1,800 7.50
300 sq. m. 357,000 1,200 4.03% 1,190 4.00
400 sq. m. 275,000 1,000 4.36% 688 2.50
Source: Global Property Guide

Yields are around 4% to 5% for properties located on Dominica’s coast, though small units´ yields can reach 6.7%.

Rentals have not risen during last five years, save around Picard. A two bedroom property rents for about US$800. Some higher end rentals have in fact dropped, as the offshore industry has declined.

  





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