Guadeloupe: House Prices, Rents, and Rental Yields
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Last Updated: Feb 05, 2008
Yields are good in Guadeloupe
| Last Updated: Feb. 05, 2008 | |||||
| GUADELOUPE - Apartments * | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 40 sq. m. | 99,000 | 512 | 6.21% | 2,475 | 12.80 |
| 75 sq. m. | 158,325 | 853 | 6.46% | 2,111 | 11.37 |
| 120 sq. m. | 225,960 | 1,376 | 7.31% | 1,883 | 11.47 |
| * Located in Basse-Terre and Grande-Terre islands.
Source: Global Property Guide |
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Properties in Guadeloupe are relatively cheaper than other Caribbean islands, apartment prices in Grande-Terre and Basse-Terre are around US$1,880 – US$2,475 per sq. m. The average price of a 120-sq. m apartment is around US$226,000.
Apartments measuring 120 sq. m generate yields of around 7.3%. Smaller units have yields at around 6%. Rent for a 40-sq. m apartment is US$500 per month while a 120-sq. m unit can be rented at around US$1,380 per month. Rents in the islands are predominantly seasonal but these figures are for long-term rentals.
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