Yields are low at 3% in Montserrat
November 29, 2005
|Last Updated: Nov 29, 2005|
|MONTSERRAT - Houses||COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|100 sq. m.||290,000||750||3.10%||2,900||7.50|
|200 sq. m.||595,000||1,500||3.03%||2,975||7.50|
|Source: Global Property Guide|
Yields are around 3% for properties located in Montserrat's northern coastal areas, far from the volcano at the southern part of the island.
The average price for properties in northern Montserrat is around US$2,950 per square metre.