Property Prices in Port of Spain, Trinidad And Tobago

Index Info
Price to Income Ratio: 11.07
Mortgage as Percentage of Income: 90.32%
Loan Affordability Index: 1.11
Price to Rent Ratio - City Centre: 15.22
Price to Rent Ratio - Outside of Centre: 18.22
Gross Rental Yield (City Centre): 6.57%
Gross Rental Yield (Outside of Centre): 5.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,136.36 TT$ 3,000.00-6,500.00
Apartment (1 bedroom) Outside of Centre 2,846.67 TT$ 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 8,409.09 TT$ 6,000.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 5,469.23 TT$ 3,500.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,349.99 TT$ 400.00-1,999.98
Price per Square Feet to Buy Apartment Outside of Centre 1,083.32 TT$ 749.99-1,299.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,916.67 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.36 3.50-8.00

These data are based on 116 entries in the past 18 months from 22 different contributors.
Last update: July 2021

Sources and References
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