|Last Updated: Dec 23, 2011|
|TRINIDAD - Apartments||COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|120 sq. m.||280,080||1,607||6.88%||2,334||13.39|
|250 sq. m.||570,750||3,423||7.20%||2,283||13.69|
|TRINIDAD - Houses|
|300 sq. m.||681,000||3,885||6.85%||2,270||12.95|
|700 sq. m.||1,316,700||n.a.||n.a.||1,881||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
During 2010 rents fell quite dramatically in Trinidad. Rents are now in some cases half what was offered only 1 year ago. To take a couple of examples, rents now average US$1,000 for 120 square metre apartments, and US$1,800 for 300 square metre apartments – nice for tenants, disappointing for landlords. Gross rental yields levels are lower than ever seen in Jamaica, during 6 year history of data-gathering at the Global Property Guide.
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