CLOSE X

Register - if you don't have an account

Yes! Sign me up for Global Property Guide's monthly email newsletter.


Login - for registered users

Forgot Password?
Explore destinations
continent map couldn't be loaded Pacific Europe & Russia North America Latin America Asia Africa Middle East Caribbean

 



Dec 04, 2009
Soft market in Trinidad and Tobago
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.






Comments


Be the first to comment on this article!



Add your comment


Name:
Email: (will not be published)
Comment: 


Compare Countries
Free Newsletter

Subscribe to our Newsletter!


Monthly updates from the global property arena directly to your inbox.


 

 




Buy/Sell Your Home Abroad

 
How we make life easy for our buyers Sell your property

Our Newsletter

 
Monthly updates from the global property arena directly to your inbox.