Property Prices in Trinidad And Tobago

Index Info
Price to Income Ratio: 11.80
Mortgage as Percentage of Income: 99.24%
Loan Affordability Index: 1.01
Price to Rent Ratio - City Centre: 19.01
Price to Rent Ratio - Outside of Centre: 18.84
Gross Rental Yield (City Centre): 5.26%
Gross Rental Yield (Outside of Centre): 5.31%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,347.20 TT$ 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,464.44 TT$ 2,000.00-3,100.00
Apartment (3 bedrooms) in City Centre 6,578.95 TT$ 4,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,840.48 TT$ 3,500.00-6,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,343.24 TT$ 350.00-1,999.98
Price per Square Feet to Buy Apartment Outside of Centre 979.99 TT$ 300.00-1,499.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,296.77 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.72 3.00-8.00

These data are based on 346 entries in the past 18 months from 69 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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