Property Prices in Trinidad And Tobago

Index Info
Price to Income Ratio: 13.90
Mortgage as Percentage of Income: 118.23%
Loan Affordability Index: 0.85
Price to Rent Ratio - City Centre: 23.59
Price to Rent Ratio - Outside of Centre: 18.53
Gross Rental Yield (City Centre): 4.24%
Gross Rental Yield (Outside of Centre): 5.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,668.46 TT$ 2,800.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,680.90 TT$ 2,200.00-3,500.00
Apartment (3 bedrooms) in City Centre 6,984.38 TT$ 4,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 5,284.81 TT$ 3,700.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,799.99 TT$ 999.99-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 1,049.99 TT$ 699.99-1,499.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,516.67 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.87 4.00-8.00

These data are based on 263 entries in the past 18 months from 52 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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