Rental incomes in British Virgin Islands - very poor rental yields

February 14, 2012

Last Updated: Feb. 14, 2012
BVI - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
1 BR n.a. 1,086 n.a. n.a. n.a.
2 BR n.a. 1,657 n.a. n.a. n.a.
3 BR n.a. 3,054 n.a. n.a. n.a.
BVI - Houses
3 BR 1,293,750 3,071 2.85% n.a. n.a.
4+ BR 1,945,682 n.a. n.a. n.a. n.a.
Districts researched:
Most properties are found in Virgin Gorda and Tortola
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Rental yields are poor in the British Virgin Islands, with annual returns of only 2.85% - but then most people don't buy here to rent. Three-bedroom houses in the British Virgin Islands sell for about US$1.3 million, but only earn average monthly rental incomes of around US$3,000.

House prices have fallen a little. Four-bedroom houses cost about US$2 million, a bit cheaper than last year's price of US$2.5 million.

Rental incomes from apartments remain at just above last year's levels. Last year, apartments in Virgin Goda and Tortola rented for an average of US$1,800 per month. This year, rents have risen slightly to an average of US$1,900 per month.


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