By Kateryna Shubina October 25, 2024

From Global Property Guide

The average gross rental yield in the Cayman Islands stands at 5.36%(Q4, 2024).

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

Cayman Islands Historic Rental Yield Data

• Navigatable historical 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).

For more on this story go to: GLOBAL PROPERTY GUIDE