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Jamaica: House Prices, Rents, and Rental Yields

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Last Updated: Dec 10, 2007

Yields are excellent in Kingston and St. Andrew

Last Updated: Dec 10, 2007
KINGSTON & ST. ANDREW - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
1 - BR n.a. 1,188 n.a.
2 - BR 201,358 1,663 9.91%
3 - BR n.a. 2,572 n.a.
KINGSTON & ST. ANDREW - Houses
2 - BR 165,101 1,572 11.43%
3 - BR 367,600 2,413 7.88%
4 - BR 425,227 3,743 10.56%
5 - BR 503,091 n.a. n.a.
6 + BR 570,168 n.a. n.a.
Source: Global Property Guide

A two-bedroom apartment in Kingston or St. Andrew costs around US$200,000. At a low rent figure, gross rental return can reach around 9.91%.

Houses in Kingston and St. Andrew have average yields of around 10%, reaching up to 11.43% for a two-bedroom property. Prices range from US$160,000-US$570,000.

 

Jamaica - more data and information

Your Comments

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.....

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