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

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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.