Caribbean Property Market Data – Prices, Rental Yields & Trends

This page provides key property market data for the Caribbean — offering average price ranges, rental yield insights, taxes, ownership rules, and regional breakdowns. Use this guide to compare markets across islands and support investment decisions, whether you’re seeking lifestyle properties, vacation rentals, or long‑term returns.

Property Prices by Country & Island

Property prices in the Caribbean vary widely based on island, location (urban vs. beachfront vs. resort), and property type (condo, villa, land). The ranges below reflect general market conditions as of 2025–2026:

Bahamas – Luxury beachfront homes and private islands often start around $1.2M and can exceed $10M in prime areas like Harbour Island and Exuma. Urban condos in New Providence may range $500K–$2M.
Barbados – West Coast villas often range $800K–$3.5M depending on sea views; city and inland properties can be $400K–$900K.
Cayman Islands – Seven Mile Beach luxury condos and villas typically range $1.5M–$8M; inland residences $800K–$2M.
Dominican Republic – Punta Cana condos and villas often range $200K–$800K; golf resort homes $500K–$1.5M.
Jamaica – Montego Bay and Negril beachfront properties typically $600K–$2M; city and hillside homes $300K–$800K.
Turks & Caicos Islands – High‑end villas and beachfront estates can exceed $5M; condos start around $1M in popular communities.

Rental Yields & Occupancy

Rental yields in the Caribbean are influenced by location, property type, seasonality, and tourism patterns:

Short‑Term Holiday Rentals – Top resort islands (e.g., Saint Barthelemy, Anguilla, Turks & Caicos) can deliver annualized gross yields of 5%–10%+ on well‑managed villas and luxury rentals during high season.
Long‑Term Rentals – Urban or residential rentals in islands like Puerto Rico or parts of Dominican Republic typically deliver 3%–6% gross yields, with stable occupancy and lower seasonality impact.
Occupancy Rates – Major tourism hubs often see >70% annual occupancy, with peak levels during winter and holiday months. Islands with diversified attractions (beaches, golf, culture) tend to have higher year‑round demand.

Ownership Rules & Taxes

Foreign ownership laws and tax regimes vary across the Caribbean. Here are common considerations:

Freehold vs Leasehold: Many islands allow freehold ownership for foreign buyers, but some require leases on government land or have restrictions on beachfront parcels.
Stamp Duty & Transfer Taxes: Most islands impose a stamp duty on property transfers varying by region (e.g., 3%–7% is common in parts of the Caribbean).
Annual Property Taxes: Islands such as Puerto Rico and Barbados may levy modest annual property taxes; luxury or high‑value properties can attract higher brackets.
Capital Gains Tax: Some islands tax capital gains on resale; it’s important to confirm current rates with local counsel or tax advisors prior to purchase.
Foreign Buyer Permits: Certain territories require permits or government approval for foreign purchasers, often tied to land size or property type.

Popular Property Types & Regional Trends

Across the Caribbean, certain property types consistently attract both lifestyle buyers and investors:

Luxury Beachfront Villas – High demand in Turks & Caicos, Anguilla, Saint Barthelemy, and the Bahamas.
Resort Condominiums – Popular in Barbados, Dominican Republic, and Aruba for short‑term and seasonal rentals.
Golf‑Community Homes – Growing interest in islands with golf tourism, such as parts of Dominican Republic and Jamaica.
Eco and Boutique Estates – Increasing demand for sustainable homes with low environmental impact, particularly in Dominica and Grenada.

Price & Yield Comparison Snapshot

Island / Region	Typical Price Range	Gross Rental Yield (Est.)	Primary Demand Drivers
Bahamas	$800K – $10M+	4% – 8%+	Beachfront luxury, tourism demand, private islands
Barbados	$400K – $3.5M	4% – 7%	Resort condos, coastal estates
Cayman Islands	$800K – $8M+	5% – 9%	Financial center proximity, luxury homes
Dominican Republic	$200K – $1.5M	5% – 10%+	Resorts, golf communities
Jamaica	$300K – $2M	4% – 8%	Tourism, villas, holiday rentals
Turks & Caicos	$1M – $10M+	5% – 10%+	Luxury beachfront, high ADR

This table is a general guide — for precise current data, consult local agents and recent market reports by islands such as Global Property Guide.

Related Guides & Resources

Caribbean property markets remain dynamic, with a blend of luxury, lifestyle, and investment opportunities across islands. Use this data to inform your strategy and explore listings on IPD to find properties that match your goals.