hobogumm
07-24-2005, 11:30 AM
Hi,
I found a couple of websites (published 2004 i think) that give estimates of rental prices in Cayman and was wondering what you guys who actually live out there think as to how realistic these prices are.
http://www.ey.com/global/content.nsf/Cayman/Living_In_Cayman
"Housing. Rented accommodation is relatively easy to find, and generally annual leases are available, although less so between November and February (the tourist season). Monthly rental costs can vary considerably depending upon the nature (furnished or unfurnished), location, and size of the accommodation. The following is a general guide:
Modern fully furnished one-bedroom apartment:
· On the beach CI$1,500-2,500
· Off the beach CI$750-1,200
Modern fully furnished two-bedroom apartment:
· On the beach CI$2,000-3,000
· Off the beach CI$1,200-1,800
Two- or three-bedroom fully furnished houses:
· Off the beach CI$1,500-3,000
Generally deposits of one month’s rent are required for apartments. Also, telephone, water, and electricity deposits are approximately CI$750 in total.
Most rented accommodation is provided with air conditioning which, in turn, increases utilities cost. For example, the typical cost of electricity for an apartment would be CI$75-100 per month without using air conditioning, from $125-300 with air conditioning. These amounts vary based on square footage, the quality of construction, and insulation."
http://www.hamilton-recruitment.com/cost_cayman.htm
Prices in US$
West Bay:
1BR: $800 - 1200
2BR: $1200-2000
3BR: $2300-2800
7 Mile Beach
1BR: $1450-2000
2BR: $2300-5000
3BR: $3000-9000
George Town
1BR: $ 900-1600
2BR: $1650-2000
3BR: $2000-3800
South Sound
1BR: $ 950-1400
2BR: $1800-3000
3BR: $2200-4000
Prospect
1BR: $ 800-1200
2BR: $1200-1800
3BR: $1950-3000
Bodden Town
1BR: $ 500 - 800
2BR: $ 900-1600
3BR: $2000-2200
Source: New Resident Magazine 2004
Thanks in advance.
I found a couple of websites (published 2004 i think) that give estimates of rental prices in Cayman and was wondering what you guys who actually live out there think as to how realistic these prices are.
http://www.ey.com/global/content.nsf/Cayman/Living_In_Cayman
"Housing. Rented accommodation is relatively easy to find, and generally annual leases are available, although less so between November and February (the tourist season). Monthly rental costs can vary considerably depending upon the nature (furnished or unfurnished), location, and size of the accommodation. The following is a general guide:
Modern fully furnished one-bedroom apartment:
· On the beach CI$1,500-2,500
· Off the beach CI$750-1,200
Modern fully furnished two-bedroom apartment:
· On the beach CI$2,000-3,000
· Off the beach CI$1,200-1,800
Two- or three-bedroom fully furnished houses:
· Off the beach CI$1,500-3,000
Generally deposits of one month’s rent are required for apartments. Also, telephone, water, and electricity deposits are approximately CI$750 in total.
Most rented accommodation is provided with air conditioning which, in turn, increases utilities cost. For example, the typical cost of electricity for an apartment would be CI$75-100 per month without using air conditioning, from $125-300 with air conditioning. These amounts vary based on square footage, the quality of construction, and insulation."
http://www.hamilton-recruitment.com/cost_cayman.htm
Prices in US$
West Bay:
1BR: $800 - 1200
2BR: $1200-2000
3BR: $2300-2800
7 Mile Beach
1BR: $1450-2000
2BR: $2300-5000
3BR: $3000-9000
George Town
1BR: $ 900-1600
2BR: $1650-2000
3BR: $2000-3800
South Sound
1BR: $ 950-1400
2BR: $1800-3000
3BR: $2200-4000
Prospect
1BR: $ 800-1200
2BR: $1200-1800
3BR: $1950-3000
Bodden Town
1BR: $ 500 - 800
2BR: $ 900-1600
3BR: $2000-2200
Source: New Resident Magazine 2004
Thanks in advance.