Should You Invest?
Trinidad and Tobago's property market is currently seeing a rise
in foreign investment and a significant increase in the islands'
tourism sector. Although the buy-to-let market in Trinidad and
Tobago is good there are high transaction costs when purchasing a
property and high income tax. The government has set out plans to
develop both islands with a focus on Trinidad.
- Trinidad and Tobago have a stable economy and continues to show
good economic growth.
- The government is developing the country and results show
improved infrastructure.
- The labour force on both islands is very well trained and
educated.
- The tourist industry on both islands continues to grow.
- Tobago is currently showing high rental yields.
- Villa prices in tourist areas have doubled over the past
decade.
Rental Yields
House prices and monthly rents are generally higher in Tobago
than they are in Trinidad.
Price History
There is little solid price history to be found but prices for
some land and properties have doubled within a year, and prices are
continuing to escalate at a rapid rate.
Top