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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

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.

 

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