Trinidad and Tobago Real Estate
Information about Trinidad and Tobago
Trinidad and Tobago
The Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying northeast of the South American country of Venezuela and south of Grenada in the Lesser Antilles. It shares maritime boundaries with other nations including Barbados to the northeast, Guyana to the southeast, and Venezuela to the south and west. The country covers an area of 5,128 square kilometres (1,980 sq mi) and consists of two main islands, Trinidad and ...Tobago, and numerous smaller landforms. Trinidad is the larger and more populous of the main islands; Tobago is much smaller, comprising about 6% of the total area and 4% of the entire population which is estimated at 1.3 million (2005).
Unlike most of the English-speaking Caribbean, Trinidad and Tobago's economy is primarily industrial, with an emphasis on petroleum and petrochemicals. Trinidad and Tobago is known for its Carnival and was the birthplace of steelpan, calypso, soca, and limbo.
Port of Spain
Port of Spain is the capital of the Republic of Trinidad and Tobago and the country's third-largest municipality, after San Fernando and Chaguanas. The city has a municipal population of 49,031 (2000 census), a metropolitan population of 128,026 (1990 unofficial estimate) and a transient daily population of 250,000. It is located on the Gulf of Paria, on the northwest coast of the island of Trinidad and is part of a larger conurbation stretching from Chaguaramas in the west to Arima in the east with an estimated population of 600,000. Port of Spain is Trinidad & Tobago's most developed city. The city serves primarily as a retail and administrative center, while it has been the capital of the island since 1757. It is also an important financial services center for the Caribbean and is home to two of the largest banks in the region. Today, Port of Spain is emerging as a leading city in the Caribbean region. The heads of state and government from 34 countries of the Americas gathered at the Hyatt Regency Trinidad for the Fifth Summit of the Americas on April 17–19, 2009 including US President Barack Obama and US Secretary of State Hillary Clinton. Port of Spain will also host the Commonwealth Heads of Government Meeting on November 27–29, 2009
The City of San Fernando with a population of 55,419 is the larger of Trinidad and Tobago's two cities and the second largest municipality after Chaguanas. It occupies 18 km² and is located in the southwestern part of the island of Trinidad. It is bounded to the north by the Guaracara River, the south by the Oropouche River, the east by the Sir Solomon Hochoy Highway, and the west by the Gulf of Paria. The former Borough of San Fernando was elevated to the status of a city on November 18, 1988. The motto of San Fernando is: "Sanitas Fortis" - In a Healthy Environment We Will Find Strength. Many local Trinidadians refer to the city with the shortened name "Sando." San Fernando is called Trinidad's "industrial capital" because of its proximity to the Pointe-a-Pierre oil refinery and many other petrochemical, LNG, iron and steel and aluminium smelters in places such as Point Lisas, Point Fortin and La Brea. La Brea is also home to the world famous pitch lake, the chief tourist attraction in the San Fernando area, has offshore oil and gas platform fabrication facilities and a deep water harbour.
The Borough of Chaguanas is the largest municipality) and fastest-growing town in Trinidad and Tobago. Located in Central Trinidad about 18 km (11 miles) south of Port of Spain, Chaguanas began life as a convict depot. It grew in size due to its proximity to the Woodford Lodge sugar refinery. It remained a minor town until the 1980s when it began to grow rapidly. Although it originally drew people for bargain shopping and moderately-priced housing, the growth of the town has seen property values increase dramatically.
Trinidad and Tobago dollar (TTD)
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