Trinidad and Tobago: House Prices, Rents, and Rental Yields
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Last Updated: Dec 13, 2007
Trinidad apartments generate good yields
| Last Updated: Dec 13, 2007 | |||||
| NORTH TRINIDAD 1 - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 100 sq. m. | 317,400 | 2,072 | 7.83% | 3,174 | 20.72 |
| 250 sq. m. | 785,250 | 5,060 | 7.73% | 3,141 | 20.24 |
| NORTH TRINIDAD - Townhouses | |||||
| 120 sq. m. | 318,000 | 2,272 | 8.57% | 2,650 | 18.93 |
| 200 sq. m. | 455,600 | 3,090 | 8.14% | 2,278 | 15.45 |
| NORTH TRINIDAD - Houses 2 | |||||
| 2-Bedroom | 403,597 | 2,616 | 7.78% | ||
| 3-Bedroom | 649,851 | 3,736 | 6.90% | ||
| 4-Bedroom | 811,940 | 5,235 | 7.74% | ||
| 5+ Bedrooms | 981,724+ | 6,500+ | 7.95% | ||
| 1 Cascade, Diego Martin, Glencoe, Maraval, Petit Valley, St. Ann's and Westmoorings 2 Plus Goodwood Park Source: Global Property Guide |
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Yields on apartments in North Trinidad average 7.78%, selling for US$3,158 per sq. m. Townhouses, on the other hand, are cheaper at roughly US$2,464 per sq. m with higher yields at 8.36%.
House prices are set according to the number of bedrooms. Prices start at US$400,000 for two-bedroom houses, and can reach up to almost US$1 million for houses with five bedroom or more. Yields are comparably lower at 7.6%, but are still good.
Trinidad and Tobago - more data and information
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