Property Prices in Trinidad And Tobago

Index Info
Price to Income Ratio: 17.20
Mortgage as Percentage of Income: 146.11%
Loan Affordability Index: 0.68
Price to Rent Ratio - City Centre: 33.65
Price to Rent Ratio - Outside of Centre: 17.76
Gross Rental Yield (City Centre): 2.97%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,622.48 TT$ 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,570.52 TT$ 2,000.00-3,500.00
Apartment (3 bedrooms) in City Centre 6,984.85 TT$ 4,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 5,038.04 TT$ 3,500.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,549.98 TT$ 999.99-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 962.49 TT$ 699.99-1,499.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,496.00 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.85 4.00-8.00

These data are based on 290 entries in the past 18 months from 57 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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