Property Prices in Bermuda

Index Info
Price to Income Ratio: 6.85
Mortgage as Percentage of Income: 64.12%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 13.55
Price to Rent Ratio - Outside of Centre: 8.95
Gross Rental Yield (City Centre): 7.38%
Gross Rental Yield (Outside of Centre): 11.18%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,419.23 $ 2,200.00-4,500.00
Apartment (1 bedroom) Outside of Centre 2,430.77 $ 1,600.00-4,000.00
Apartment (3 bedrooms) in City Centre 8,111.67 $ 5,005.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 7,350.00 $ 4,500.00-12,000.00
Buy Apartment Price
Edit
Price per Square Meter to Buy Apartment in City Centre 11,555.35 $ 8,934.05-15,000.00
Price per Square Meter to Buy Apartment Outside of Centre 6,196.78 $ 6,000.00-6,458.35
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,478.93 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.08 5.00-10.00

These data are based on 93 entries from 18 contributors over the past 18 months.
Last update: 13 May 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
This Page in Other Languages: