CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's monthly email newsletter.


Login - for registered users

Forgot Password?
Click map to read research
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 



Rental Yields
 
Feb 24, 2010

Strong price falls in US Virgin Islands

Last Updated: Feb. 24, 2010
ST. CROIX - Condos COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
70 sq. m. 140,980 n.a n.a 2,014 n.a
120 sq. m. 251,640 n.a n.a 2,097 n.a
190 sq. m. 453,720 n.a n.a 2,388 n.a
ST. CROIX - Houses
150 sq. m. 450,750 n.a n.a 3,005 n.a
250 sq. m. 755,750 n.a n.a 3,023 n.a
400 sq. m. 1,420,800 n.a n.a 3,552 n.a
ST. JOHN - Condos
150 sq. m. 790,200 n.a n.a 5,268 n.a
ST. JOHN - Houses
150 sq. m. 785,700 n.a n.a 5,238 n.a
250 sq. m. 1,394,750 n.a n.a 5,579 n.a
400 sq. m. 2,197,200 n.a n.a 5,493 n.a
750 sq. m. 4,536,750 n.a n.a 6,049 n.a
ST. THOMAS - Condos
50 sq. m. 154,250 n.a n.a 3,085 n.a
85 sq. m. 264,265 n.a n.a 3,109 n.a
120 sq. m. 384,240 n.a n.a 3,202 n.a
170 sq. m. 4,536,750 n.a n.a 6,049 n.a
ST. THOMAS - Houses
150 sq. m. 618,150 n.a n.a 4,121 n.a
250 sq. m. 864,000 n.a n.a 3,456 n.a
450 sq. m. 2,669,850 n.a n.a 5,933 n.a
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Prices have fallen strongly in the US Virgin Islands over the past year, 2009, following declines during the previous year, 2008.

We believe residential prices may have fallen by an average of 20% to 25% during 2009.  It is hard to give a more accurate estimate with a relatively small number of transactions and a sample which differs from year to year.  

Prices of course remain generally very high. This is a luxury destination and no-one will be rushing in hoping to pick up bargain-basement condos here.

We do not have enough data to produce rental yields figures, unfortunately.






Comments


No comments found.



Add your comment


Name:
Email: (will not be published)
Comment: 


Compare Coutries
Free Newsletter

Subscribe to our Newsletter!

Enter your email address to sign up.