Global Property Guide

Financial Information for the Residential Property Buyer


Yields are high at 38.8% in Anguilla

Last Updated: September 19, 2006

Last Updated: Sept. 19, 2006
West End, Coastal Areas - Houses COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
400 sq. m. 1,413,000 15,000 12.74% 3,533 37.5
500 sq. m. 2,900,000 101,000 41.79% 5,800 202
600 sq. m. 2,041,000 118,900 69.91% 3,402 198.2
700 sq. m. 2,386,400 130,000 65.37% 3,409 185.7
800 sq. m. 2,251,200 135,000 71.96% 2,814 168.8
900 sq. m. 3,140,000 76,500 29.24% 3,489 85
1,000 sq. m. 3,768,000 115,000 36.62% 3,425 104.5
1,200 sq. m. 4,082,000 120,000 35.28% 3,402 14.21
1,300 sq. m. 4,396,000 154,500 42.17% 3,382 118.8
East End - Houses
150 sq. m. 502,400 14,250 34.04% 3,349 95
300 sq. m. 1,004,800 27,000 32.25% 3,349 90
500 sq. m. 2,900,000 50,000 20.69% 5,800 100
700 sq. m. 2,386,400 56,000 28.16% 3,409 80
900 sq. m. 3,140,000 60,000 22.93% 3,489 66.7
1,100 sq. m. 3,768,000 129,000 41.08% 3,425 117.3
1,300 sq. m. 4,396,000 134,250 36.65% 3,382 103.3
Source: Global Property Guide

Current yields are around 38.8% for properties with at least 12 bedrooms located in prime coastal areas particularly the West End, the center of the rental market. This figure applies to short-term leases, usually one week, and takes into consideration varying rates during peak season and off-peak season.

The government has abandoned a previous rule that foreign-owned property cannot be rented out. The restriction was aimed at stopping tax evasion by non-resident owners. Instead, from 2007, all landlords must appoint locally-registered representatives to be responsible for tax payments.

  

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