Real Estate in Trinidad & Tobago

"We do not have children going to the international school, so that opened our options where to live. We chose Moka, Maraval by the golf course. It's green and mountainouse. It's a 10 minute drive to the city or a 15 minute drive to the Carribean, Maracus Beach. The houses are newer and larger. You get more for your money. **Fresh Fruit / Vegetable stands on corners. You won't find that in West Morings," said one expat who made the move to Port of Spain.

"I looked everywhere and found a gorgeous home in a gated community with NO EXPATS and all upper crust Trinis," explained one foreigner living in Carenage, Trinidad & Tobago.

"We were informed by an estate agent the areas where expats tend to live, the areas being West Moorings, Goodwood Park and Fairways Maraval. The Estate agents are very good although you will find that all agents know each other and tend to have the same properties on their listings," said one in West Moorings.

"One of the best ways to find a place to live in Trinidad & Tobago is to use online resources such as real estate websites, classifieds, and social media groups. You can also contact local real estate agents who can help you find a suitable property. Additionally, you can look for rental postings in local newspapers and magazines. It is also a good idea to ask friends and family for recommendations. Finally, you can visit the area in person to get a better feel for the area and to find potential properties," explained one expat in Trinidad & Tobago.

"4 Bedroom / 3.5 Bath with a pool and small yard. Yes, there are also nice townhomes with plunge pools available in the area," explained one person living in Port of Spain, Trinidad & Tobago.

"We live in a 4 bedroom house with a pool and a small garden which is ideal for the children. There is not much land and the houses are generally overlooked by other houses! Also, because of the high crime rate in Trinidad you will find that there are wrought iron bars on all windows and doors. Some do blend in with the houses and after a while you do tend to forget about them - but they are obviously there for a reason," said one expat in West Moorings.

"Expat homes and apartments in Trinidad & Tobago tend to be modern and comfortable, with air conditioning, cable TV, and internet access. Many expats choose to live in gated communities, which offer a greater sense of security and privacy. Expat homes and apartments often come with a variety of amenities, such as swimming pools, gyms, and tennis courts. Expats can also find homes and apartments in more traditional neighborhoods, where they can experience the local culture and cuisine," remarked one member in Trinidad & Tobago.

"Lower. If you want the false security of where expats live (and thus to me, a target for when SHTF) you are going to pay crazy high prices because Trinis rent these houses to corporations and get big money from them. If you live in a nice community without expats in Trinidad, it is much more reasonable. My house is $2,800US with 5 bedroom, 5 bath, all stainless kitchen, pool, jacuzzi, view and I'm right by Chaguaramus, beaches, and town. The one road in and out sucks but nothing is perfect. PS - my electric bill per month is the equivalent of $150US - I paid $350 a month in the summer to cool my ranch house in the US!!," said one expat in Carenage.

"Yes, the housing is double and maybe even triple in some areas. Average housing is $4000 US to $7000 US. Furnished housings go for more when available. **Utilities are cheaper than Houston. Cable / Internet and Electric are 1/4 the price we paid in the states," remarked one member in Port of Spain.

"The cost of housing in Trinidad & Tobago varies depending on the location and type of property. Generally, the average cost of a house in Trinidad & Tobago is quite high, with prices ranging from mid-range to luxury. Renting is also an option, with prices ranging from moderate to expensive," explained one expat living in Trinidad & Tobago.

"Housing is higher here then in Canada, but there is less land here and that is expensive," said one person in Port of Spain.

"When deciding whether to buy or rent a home in Trinidad & Tobago, it is important to consider your financial situation, lifestyle, and long-term goals. Buying a home can be a great investment, as it can provide you with a stable place to live and the potential for appreciation in value. However, it also requires a large upfront investment and ongoing maintenance costs. Renting a home can be a more affordable option, as it requires less of an upfront investment and no maintenance costs. However, it does not provide the same potential for appreciation in value. Ultimately, the decision to buy or rent a home in Trinidad & Tobago should be based on your individual needs and preferences," remarked one member in Trinidad & Tobago.

"1. It is important to research the area you are interested in buying property in, as well as the local laws and regulations that may affect your purchase. 2. It is also important to obtain a survey of the property to ensure that it is in good condition and that there are no hidden issues that could affect your purchase. 3. It is also important to obtain a title search to ensure that the property is free of any liens or encumbrances. 4. It is also important to obtain a valuation of the property to ensure that you are paying a fair price. 5. It is also important to obtain legal advice from a qualified lawyer to ensure that all documents are in order and that your rights are protected. 6. It is also important to be aware of any taxes or fees that may be applicable to the purchase of the property. 7. Finally, it is important to be aware of any restrictions or covenants that may be attached to the property, such as restrictions on the use of the property or restrictions on the sale of the property," said one expat in Trinidad & Tobago.

"Yes, foreigners are allowed to own property in Trinidad & Tobago. The country has a liberal foreign investment policy, which allows non-nationals to purchase and own real estate in the country. Foreigners are also allowed to lease land and buildings for commercial and residential purposes. However, they must obtain permission from the Ministry of Finance and the Attorney General's Office before they can purchase property. Additionally, foreigners are subject to the same taxes and fees as nationals when purchasing property," said one in Trinidad & Tobago.

"Rental properties in Trinidad & Tobago typically include a refrigerator, stove, oven, and washing machine. Depending on the property, other appliances such as a dishwasher, microwave, and air conditioner may also be included," remarked one foreigner who made the move to Trinidad & Tobago.

"Expats can search for homes in Trinidad & Tobago by looking online for real estate listings, contacting local real estate agents, and searching for rental properties on websites such as Airbnb. Additionally, expats can look for housing options in local newspapers and magazines, or ask friends and family for recommendations," said one person in Trinidad & Tobago.