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 |
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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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