| Last Updated: Dec 04, 2009 |
| TRINIDAD - Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 120 sq. m. |
347,880 |
2,059 |
7.10% |
2,899 |
17.16 |
| 170 sq. m. |
458,320 |
2,822 |
7.39% |
2,696 |
16.60 |
| 240 sq. m. |
569,040 |
3,809 |
8.03% |
2,371 |
15.87 |
| TRINIDAD - Houses |
|
| 3BR |
638,203 |
3,219 |
6.05% |
n.a. |
n.a. |
| 4BR |
775,682 |
4,315 |
6.68% |
n.a. |
n.a. |
| 5+BR |
828,324 |
4,750 |
6.88% |
n.a. |
n.a. |
Blanchisseusse Beach,Cascade, Englishman's Bay, Glencoe, Goodwood Park, Maraval, Mount Irvine, Petit Valley, St. Ann's, St. Clair, Westmoorings
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Both prices and rents appear to have been a little soft over the past year in Trinidad and Tobago, with a gradual drift downward in prices since the beginning of 2008. But nothing dramatic has taken place, like the large price falls in Turks and Caicos.
Yields are comfortable, with apartment gross rental yields averaging 7.5%, and gross rental yields on houses averaging 6.5%.
Trinidad and Tobago uses the Eastern Caribbean Dollar, pegged to the US$ at US$1=EC2.70.
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