|Last Updated: Sept. 24, 2022|
|CAYMAN - Apartments||COST ($)||YIELD (p.a.)|
|TO BUY||MONTHLY RENT|
|Cayman (all locations)|
|Cayman (all locations) avg. Rental Yields||6.82%|
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule
In the Cayman Islands, rental returns can be surprisingly good. Condominium costs on 7 Mile Beach vary in a wide range.
The expected rental price from a two-bedroom property is now about US$5,000 monthly. This means the average rental yield of 9.78%, which is very good.
In the Cayman Islands, really large properties are less attractive in income terms, with much lower rental yields of 2.74%.
The average rental yield for the Cayman Islands is about 6.82%.
We were surprised by the generous rental yields on smaller and medium-sized condos. But in recent years, high yields have been normal in the Cayman Islands.