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Real Estate in Scarborough, Trinidad & Tobago | Digital Nomad Exchange
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Real Estate in Scarborough, Trinidad & Tobago

By Joshua Wood, LPC

Last updated on Jan 06, 2024

Summary: Expats and retirees talk about real estate in Scarborough, Trinidad & Tobago? How do you find a home in Scarborough? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Scarborough?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Scarborough involves several steps. First, you need to determine your budget. This will help you narrow down your options and make your search more efficient. Next, you should decide on the type of accommodation you want. This could be a house, an apartment, a condo, or even a room in a shared house. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rental properties in Scarborough, such as PropertyFinder.tt, Terra Caribbean, and Pin.tt. You can also contact real estate agents in Scarborough. They can provide you with listings that match your criteria and arrange viewings for you. Some reputable real estate agencies in the area include KeyPhoria Realty, Just For You Property Consultants, and Tucker Real Estate. When you find a property you're interested in, make sure to inspect it thoroughly. Check for any signs of damage or disrepair, and ask about any additional costs such as utility bills or maintenance fees. If you're satisfied with the property, you can then proceed to negotiate the terms of the lease with the landlord or the real estate agent. Make sure to read the lease agreement carefully before signing it. Finally, once the lease is signed, you can arrange for the move-in. You might need to hire a moving company, or you could do it yourself if you don't have many belongings. Remember, finding a place to live can take time, so it's important to be patient and not rush the process," said one expat who made the move to Scarborough.

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What is a typical expat home or apartment like in Scarborough?

"A typical expat home or apartment in Scarborough, Trinidad and Tobago, is often located in a secure, gated community or a well-maintained apartment complex. These homes are usually spacious, with multiple bedrooms and bathrooms, a fully equipped kitchen, and a living room. They often come furnished, with modern appliances and amenities such as air conditioning, Wi-Fi, and cable TV. Some homes may also have a private pool or access to a community pool. The homes often feature a balcony or patio, offering stunning views of the surrounding landscape, which could include the ocean, mountains, or cityscape. The architecture and interior design often reflect a blend of Caribbean and contemporary styles, with bright colors and natural materials. The location of these homes is also a key feature, with many being close to the beach, local shops, restaurants, and other attractions," said one expat who made the move to Scarborough.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What is the average cost of housing in Scarborough?

If you are thinking about moving to Scarborough, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Scarborough can vary greatly depending on the type, size, and location of the property. For instance, a modest apartment in the city center may cost significantly less than a large, luxurious house in a more affluent neighborhood. However, on average, housing prices in Scarborough are generally considered to be relatively affordable compared to other major cities in Trinidad & Tobago," explained one person living in Scarborough, Trinidad & Tobago.

Should I buy or rent a home in Scarborough?

If you have not spent a lot of time in Scarborough, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Scarborough, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for a long time, have a stable income, and can afford the upfront costs, buying a home may be a good investment. Owning a home allows you to build equity, customize your living space, and potentially benefit from property appreciation. On the other hand, if you are unsure about your long-term plans, have a limited budget, or prefer flexibility, renting may be a better option. Renting a home in Scarborough allows you to avoid the responsibilities of homeownership, such as maintenance and property taxes. Additionally, renting provides the flexibility to move more easily if your circumstances change or if you decide to explore other areas of Trinidad & Tobago. Ultimately, the choice between buying and renting a home in Scarborough depends on your individual needs, preferences, and financial situation. It is essential to carefully consider your options and consult with a local real estate professional to make the best decision for your circumstances," remarked one foreigner who made the move to Scarborough.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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