Property Prices in Port of Spain, Trinidad And Tobago

Index Info
Price to Income Ratio: 18.76
Mortgage as Percentage of Income: 149.99%
Loan Affordability Index: 0.67
Price to Rent Ratio - City Centre: 32.11
Price to Rent Ratio - Outside of Centre: 17.45
Gross Rental Yield (City Centre): 3.11%
Gross Rental Yield (Outside of Centre): 5.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,136.67 TT$ 3,200.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,937.50 TT$ 2,500.00-4,000.00
Apartment (3 bedrooms) in City Centre 8,107.14 TT$ 6,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 6,164.29 TT$ 5,000.00-9,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,799.98 TT$ 999.99-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 1,116.66 TT$ 849.99-1,499.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,616.67 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.11 4.00-7.00

These data are based on 126 entries in the past 18 months from 23 different contributors.
Last update: May 2024

Sources and References
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