Cover Story: TRINIDAD AND TOBAGO

REAL ESTATE PRICES

 

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COMMERCIAL PROPERTY
Location  Monthly Rental Rates (per square ft)
TRINIDAD  TT$  US$
Port of Spain 
Class A Buildings 10.00-12.00  1.58-1.89
Class B Buildings  8.30.00  1.31
San Fernando 
Class A Buildings  7.00  1.11
Class B Buildings  3.50  0.55
TOBAGO TT$  US$
Scarborough  7.00-12.00  1.11-1.89
Factory shells range from TT$1.60 to TT$2.75 monthly (US$0.25 to US$0.44) per square foot
Source: Evolving Tecknologies and Enterprise Development Company Limited (eteck), www.etecktt.com
 
SELECTED RESIDENTIAL RATES IN PORT OF SPAIN
TT$  US$
2 Bedroom Apartments  5,000 - 9,500  791 - 1,503
4 Bedroom Townhouses  15,750  2,492
4 Bedroom Houses  25,000 - 27,800  3,956 - 4,399
Source: Association of Real Estate Agents

November 2008


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