Property Prices in Trinidad And Tobago

Index Info
Price to Income Ratio: 13.27
Mortgage as Percentage of Income: 110.83%
Loan Affordability Index: 0.90
Price to Rent Ratio - City Centre: 24.08
Price to Rent Ratio - Outside of Centre: 18.38
Gross Rental Yield (City Centre): 4.15%
Gross Rental Yield (Outside of Centre): 5.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,414.44 TT$ 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,492.31 TT$ 2,000.00-3,395.52
Apartment (3 bedrooms) in City Centre 6,529.41 TT$ 4,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,848.71 TT$ 3,500.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,713.38 TT$ 999.99-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 962.49 TT$ 699.99-1,299.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,428.00 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.65 3.50-8.00

These data are based on 296 entries in the past 18 months from 60 different contributors.
Last update: December 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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