With Barbados now pricing itself out of the reach of many Brits,
Tobago is one of the islands to step into the breach. Although
prices are rising, the average price for coastal properties is
£1,323 ($2,600) per square metre – which is still cheaper than most
other islands. As such, the potential for strong capital
appreciation is good. Prices in Tobago range from £132,800
($260,950) for a three bedroom bungalow with private swimming pool
near to the beach, to villas costing upwards of £2.2 million. In
Trinidad a three-bedroom house with a shared pool in a gated
community costs around £132,760 ($260,895). Rental yields are
moderate at around 7.7%.
Port of Spain
Port of Spain is the capital of Trinidad and Tobago and the
third largest city. The city is situated on the on the gulf of
Praia in the northwest of Trinidad. With two of the biggest banks
in the English speaking part of the Caribbean the city is known as
an important trading and administrative centre, whilst also being a
major shipping concourse in the Caribbean. The city offers a mix of
natural vistas and nocturnal activities to entertain the
tourist.
San Fernando
San Fernando is a costal town located in the southwest of
Trinidad. The town is situated on a hill and is known as the
industrial capital of Trinidad and Tobago. San Fernando Hill is the
focal point of the town with a fantastic vista overlooking the
western side of Trinidad. The town is also called the 'Carnival
city' because it hosts many competitions and parades throughout the
year.
Arima
Arima is the fourth largest town in Trinidad and Tobago. The
town is easily accessible from all major cities. Every year in
August Arima hosts the annual Borough Day that the town celebrates
with small festivals and street parades. Cleaver woods, Asa Wright
nature centre and Santa Rosa Carib centre are all popular
attractions and places to visit within the town.
Chaguanas
Chaguanas is situated in Central Trinidad and is the largest and
fastest growing town in Trinidad and Tobago. The town has developed
drastically over the years due to moderate property prices and
bargain shopping. Chaguanas has now developed into a market
town.
Scarborough
Scarborough is situated in Tobago and is the island's biggest
town and although not yet a prime tourist destination, interest in
the town is growing. In past years the town was formally known as
Port Louis, named when the town was under French rule. In lower
Scarborough there is Tobago's historical museum which is a very
popular attraction among tourists. Every Friday and Saturday there
is a street market held in the town centre which sells traditional
souvenirs showing the culture of the island. A new shipping complex
has been developed in the harbour, this is to allow more tourists
onto the island.
Top