Landlords of residential property happy in Trinidad

Residential Valuation Specialist | December 23, 2011

Last Updated: Dec 23, 2011
TRINIDAD - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
120 sq. m. 280,080 1,607 6.88% 2,334 13.39
250 sq. m. 570,750 3,423 7.20% 2,283 13.69
TRINIDAD - Houses
300 sq. m. 681,000 3,885 6.85% 2,270 12.95
700 sq. m. 1,316,700 n.a. n.a. 1,881 n.a.
Blanchisseusse Beach,Cascade, Englishman´s Bay, Glencoe, Goodwood Park, Maraval, Mount Irvine, Petit Valley, St. Ann´s, St. Clair, Westmoorings
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

With gross rental yields of around 7% on most types of property, landlords have good reason to be content. This is a good return on your investment, even if you do have to take away vacancies, maintenance, and other costs.