Rental incomes in Martinique - Fort-de-France rental yields range from 5.12% to 5.60%

Last Updated: Mar. 31, 2014
FORT-DE-FRANCE - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
35 sq. m. 123,935 762 7.38% 3,541 21.77
60 sq. m. 202,920 1,040 6.15% 3,382 17.34
120 sq. m. 339,360 1,781 6.30% 2,828 14.84
FORT-DE-FRANCE- Apartments
125 sq. m. 433,000 n.a. n.a. 3,464 n.a.
250 sq. m. 643,250 n.a. n.a. 2,573 n.a.
COASTAL Apartments
30 sq. m. 134,430 694 6.19% 4,481 23.12
50 sq. m. 204,100 977 5.74% 4,082 19.53
120 sq. m. 472,560 2,010 5.10% 3,938 16.75
75 sq. m. 330,600 n.a. n.a. 4,408 n.a.
150 sq. m. 617,850 n.a. n.a. 4,119 n.a.
Coastal areas: Le Diamant, Les Trois-Îlets, Sainte-Anne and Sainte-Luce
Source: Global Property Guide

Martinique property prices have somewhat fallen. The current average price per square metre of properties in Martinique is US$3,600, while last year it was US$4,100. The downward trend in property prices is observable for Fort-de-France apartments and houses, as well as for apartments and houses located in the coastal areas such as Le Diamant, Les Trois-Îlets, Sainte-Anne, and Sainte-Luce.

The decline in prices, however, has not fully been reflected in lower rents. So rental yields of coastal apartments have risen from 4.35% to 5.48%. An 80-sq m apartment last year earned 'poor' rental yields of 4.20%. The same apartment might today earn 'moderate' rental yields, of 5.16%.

Our sample size of houses this year was small, and we did not have enough cases to sample house rents.

Subscribe to Global Property Guide

Get the data behind every country for $5.99 a month.
Latest Market Reports
Rental Yields
House Price Indices
Square Metre Prices
Tax and Buying Guides

Subscription required to access this page

Access to premium content and timely market updates.