|Last Updated: Mar. 01, 2013|
|GUADELOUPE - Apartments||COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|40 sq. m.||165,080||768||5.59%||4,127||19.21|
|70 sq. m.||243,390||1,040||5.13%||3,477||14.86|
|120 sq. m.||351,000||1,445||4.94%||2,925||12.04|
Grande-Terre and Basse-Terre Islands
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
Property in Guadeloupe continues to attract buyers and renters. Square metre prices, rental income and rental yields have all increased this year. Apartments in Guadeloupe now earn what we term ‘moderate’ rental yields at 5.55%, whereas last year the average rental yield was slightly lower, 5.17%.
Smaller apartments are the most expensive and the most profitable. A 35-sq m apartment sells for about US$4,300 per square metre, and earns rental yields of around 5.90%.
Bigger apartments are more affordable, as 120 sq. m. apartments sell for about US$3,000 per sq.m.; but they are also slightly less profitable in terms of rental returns, earning 5.15% in rental yields.
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