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US Virgin Is.: House Prices, Rents, and Rental Yields

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Last Updated: Jan 14, 2008

USVI apartments at US$4,000 per sq. m

Last Updated: Jan 14, 2008
SAINT THOMAS - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
75 sq. m. 333,150 n.a. n.a. 4,442 n.a.
120 sq. m. 518,880 n.a. n.a. 4,324 n.a.
180 sq. m. 1,065,600 n.a. n.a. 5,920 n.a.
SAINT THOMAS - Houses
200 sq. m. 1,039,600 n.a. n.a. 5,198 n.a.
400 sq. m. 3,029,200 n.a. n.a. 7,573 n.a.
SAINT CROIX - Apartments
120 sq. m. 322,680 n.a. n.a. 2,689 n.a.
180 sq. m. 531,900 n.a. n.a. 2,955 n.a.
SAINT CROIX - Houses
200 sq. m. 851,400 n.a. n.a. 4,257 n.a.
400 sq. m. 1,840,400 n.a. n.a. 4,601 n.a.
* There is insufficient data on properties for rent. Most rentals are for short-term basis only.
Source: Global Property Guide

Apartments in St. Thomas sell for around $3,312 per sq. m. Prices per sq. m go up as apartment size increases. Same goes for house prices per sq. m. Average house price in St. Thomas is $4,320 per sq. m, with 200-sq. m houses selling for $2M.

St. Croix properties are cheaper. A 180-sq. m apartment sells for half the price at $2,026 per sq. m. Also for 200-sq. m houses at around $1M.

 

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