Rental yields in Grenada
Gross yield is a year of the median local rent over the median local asking price. It is a rough guide to how the two markets sit relative to each other, and today the widest gap is in Fort Jeudy, St George at 7.9%. It is not a return: it takes no account of costs, voids, tax or what the place actually sells for.
By size
| Bedrooms | Median asking price | Median rent | Gross yield |
|---|---|---|---|
| 1 bed | $370,370 | $1,100 pcm | 3.6% |
| 2 bed | $500,000 | $1,650 pcm | 4% |
| 3 bed | $450,000 | $2,000 pcm | 5.3% |
| 4 bed | $1,375,000 | $6,500 pcm | 5.7% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| Fort Jeudy, St George | $182,278 | $1,200 pcm | 7.9% |
| Point Salines, St George | $351,240 | $1,400 pcm | 4.8% |
| Lance Aux Epines, St George | $550,000 | $2,000 pcm | 4.4% |
| Lance aux Epines | $575,000 | $1,600 pcm | 3.3% |
| Egmont, St George | $578,760 | $1,250 pcm | 2.6% |
| Golf Course, St George | $961,979 | $2,000 pcm | 2.5% |
While you are here
This week
What has moved in Grenada this week?
24 listings appeared, 2 had their price cut and 1 went up. We read every agent's site overnight, so this is the week as it happened.
See what this is built from
Geography
Where is the biggest price gap in Grenada?
The median home in True Blue, St George asks $4,000,000; in Morne Rouge it asks $1,500. Same island, 2666.7× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
See what this is built from
What things cost
Which bedroom costs the most in Grenada?
Going from 3 bedrooms to 4 adds $925,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 4-bed house is not a 3-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
See what this is built from
Everything the data says about Grenada
More ways into Grenada
Yields outside 1–12% are suppressed everywhere on this site: they are almost always a holiday let priced by the night being read as a monthly rent.