Gross rental yields in the Cayman Islands
The average gross rental yield in the Cayman Islands stands at 5.36% (Q4, 2024).
| Last Updated: Oct 25, 2024 | |||
| CAYMAN ISLANDS - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Cayman Islands (all locations) | |||
| 1-Bedroom | $521,280 | $3,293 | 7.58% |
| 2-Bedroom | $791,463 | $4,085 | 6.19% |
| 3-Bedroom | $1,499,950 | $6,707 | 5.37% |
| 4+Bedroom | $3,800,000 | $7,339 | 2.32% |
| Cayman Islands avg. Rental Yields | 5.36% | ||
| 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 and CIREBA Rentals |
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Cayman Islands Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of the Cayman Islands. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).