Martinique: House Prices, Rents, and Rental Yields

Country Rating »

In Depth

Find Property

Global Statistics

House Prices

Regional Statistics

Home › Caribbean › Martinique › Rental Yields

Last Updated: Mar 04, 2009

Pricey Martinique coastal houses

			Last Updated: Mar. 4, 2009
FORT-DE-FRANCE - Apartments	COST (US$)		YIELD (p.a.)	PRICE/SQ.M. (US$)
FORT-DE-FRANCE - Apartments	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
50 sq. m.	220,850	930	5.05%	4,417	18.59
120 sq. m.	374,280	1,649	5.29%	3,119	13.74
FORT-DE-FRANCE - Villas
200 sq. m.	647,600	n.a.	n.a.	3,238	n.a.
COASTAL AREAS * - Apartments
35 sq. m.	173,740	694	4.79%	4,964	19.82
90 sq. m.	389,430	1,480	4.56%	4,327	16.44
COASTAL AREAS * - Houses
80 sq. m.	389,120	1,486	4.58%	4,864	18.57
275 sq. m.	1,222,650	3,872	3.80%	4,446	14.08
* Coastal Areas consist of Le Diamant, Les Trois-Îlets, Sainte-Anne and Sainte-Luce Source: Global Property Guide

Residential real estate tends to be expensive in Martinique, at around US$4,650 per square metre (sq. m.) on the coast.

A 275-sq. m house along the coast might cost around US1.2 million. When rented out, this same property is likely to achieve a gross rental yield of only around 3.8%, which is low by any standards. Smaller houses of 80 sq. m achieve around 4.8% - better, but not excellent.

Coastal area apartments sell at around US$4,960 per sq. m. for small properties of 35 sq.m.

Apartments in Fort-de-France tend to slightly less expensive, with 120 sq. m. apartments averaging US$3,200 per sq. m. These properties generate the highest average gross rental yields that we found in our Martinique sample, at 5.29%.

Martinique - more data and information

Your Comments

Be the first to comment!