Property Prices in Port of Spain, Trinidad And Tobago

Index Info
Price to Income Ratio: 19.04
Mortgage as Percentage of Income: 155.54%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 28.59
Price to Rent Ratio - Outside of Centre: 16.98
Gross Rental Yield (City Centre): 3.50%
Gross Rental Yield (Outside of Centre): 5.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,362.50 TT$ 3,500.00-6,000.00
Apartment (1 bedroom) Outside of Centre 2,916.67 TT$ 2,500.00-4,000.00
Apartment (3 bedrooms) in City Centre 9,730.77 TT$ 6,000.00-16,000.00
Apartment (3 bedrooms) Outside of Centre 6,561.54 TT$ 4,500.00-9,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,799.98 TT$ 999.99-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 1,116.66 TT$ 849.99-1,499.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,536.36 TT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.38 4.50-7.00

These data are based on 105 entries in the past 18 months from 19 different contributors.
Last update: November 2024

Sources and References
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