Jamaica: House Prices, Rents, and Rental Yields
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Last Updated: Dec 09, 2008
Jamaican yields, spectacular at 10.14%
| Last Updated: Dec. 9, 2008 | |||||
| KINGSTON & ST. ANDREW - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 1 BR | n.a. | 1,294 | n.a. | n.a. | n.a. |
| 2 BR | 225,417 | 1,653 | 8.80% | n.a. | n.a. |
| 3 BR | 281,810 | 2,697 | 11.48% | n.a. | n.a. |
| KINGSTON & ST. ANDREW - Houses | |||||
| 3 BR | 319,189 | 2,079 | 7.82% | n.a. | n.a. |
| 4 BR | 435,309 | 3,079 | 8.49% | n.a. | n.a. |
| 5+ BR | 806,380 | n.a. | n.a. | 1,612 | n.a. |
| Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule | |||||
A two-three bedroom apartment in Kingston or St. Andrew costs around US$255,417. At a relatively low rent figure, gross rental return can reach around 10.14%.
Houses in Kingston and St. Andrew have lower average yields of 8.15%, reaching up to 8.49% for a four-bedroom property. Prices range from US$319,189 - US$806,380.
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posted by LaDerrick Williams | 2008-02-08
n/a, hattiesburg ms U.S.
i want to live in jamaica, but it is hard trying to find somewhere to rent an apartment..... i could use a little help.....