Property Prices in Port of Spain, Trinidad And Tobago

Index Info
Price to Income Ratio: 21.19
Mortgage as Percentage of Income: 168.82%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 36.47
Price to Rent Ratio - Outside of Centre: 19.33
Gross Rental Yield (City Centre): 2.74%
Gross Rental Yield (Outside of Centre): 5.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,846.15 TT$ 3,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,786.67 TT$ 2,500.00-3,900.00
Apartment (3 bedrooms) in City Centre 7,769.23 TT$ 6,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 5,607.14 TT$ 4,000.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,999.98 TT$ 1,999.98-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 1,149.99 TT$ 999.99-1,299.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,270.00 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.07 4.00-6.00

These data are based on 113 entries in the past 18 months from 22 different contributors.
Last update: May 2023

Sources and References
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