St. Lucia: House Prices, Rents, and Rental Yields

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Last Updated: Mar 12, 2009

Condos average out to 4.18%

			Last Updated: Mar. 12, 2009
ST. LUCIA - Condos	COST (US$)		YIELD (p.a.)	PRICE/SQ.M. (US$)
ST. LUCIA - Condos	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
170 sq. m.	718,250	2,502	4.18%	4,225	14.72
ST. LUCIA - Houses
150 sq. m.	324,600	n.a.	n.a.	2,164	n.a.
260 sq. m.	896,480	n.a.	n.a.	3,448	n.a.
400 sq. m.	1,265,200	n.a.	n.a.	3,163	n.a.
Districts researched: Most researched properties are located in the districts of Gros Islet, Castries, Micoud and Vieux Fort Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Property prices in St. Lucia range from US$2,200 to US$3,400 per square metre (sq. m) for houses, with sizes from 150 to 400 sq.m. Condominiums in our sample had surprisingly higher per sq. m. prices, at US$4,200 per sq.m. We can’t really explain this, except to say that this may be a vagary of the local housing stock.

A typical 150 sq. m house costs US$325,000
A typical 400 sq. m, house costs US1.3 million.
A typical 170 sq. m. condominium costs US$720,000

Condominiums produce average gross rental yields of 4.18%.

Gross rental yields figures for houses were unfortunately unobtainable, as we could not obtain enough samples of long-term rents to generate reliable figures.

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