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Land For Sale In Trinidad

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When Searching for Land For Sale in Trinidad and Tobago

When you are buying or selling land in Trinidad and Tobago, there are several factors that you need to take into consideration from the start. You would want this transaction to run smoothly, and in this article, we would give you an idea of what to expect when searching for land for sale in Trinidad and Tobago. Here are some of the things you need to look at: 

  1. Processes for conveyancing transactions
  2. Issues concerning Foreign Investment.
  3. Systems of Land Title in Trinidad and Tobago.
  4. Taxes on the transfer or sale of real estate.
  5. Land Taxes and new laws of Trinidad and Tobago.
  6. Issues with the development of land and change of use.

Process of Conveyance of Land for Sale in Trinidad and Tobago. 

The acquisition of Real Estate in Trinidad and Tobago is made formal and begins with the entering into a Sale Agreement.

The purpose of going into such an agreement is to give the Buyer a chance to carry out due diligence on the Land listed for sale, such as verifying the legal owner utilizing a Title search. By the laws of Trinidad and Tobago, a Sale Agreement must be made in writing and signed by both the Buyer and Seller. 

While there is no specific form of the contract, a sale agreement usually contains:

  • The legal Names of both Buyer and Seller;
  • A detailed property description of the Land;
  • The Purchase price of the Property/Land;
  • The period to close contract (which is normally 90 days);
  • all documents which the Seller is required to produce before closing; and
  • any terms relating to the purchase and sale transaction.

If a Real Estate Agent is employed to find a suitable buyer for the Land, the agent often uses their agreement for sale. However, it is recommended that the Buyer ensures that the deal is reviewed by their attorney before it is signed off. Alternatively, the Buyer or Seller may engage the services of an attorney to prepare an agreement. 

In this case, where a Real Estate Agent is used to procure a buyer, their commission on this transaction is usually 3-5% of the Selling price of the Land. 

Documents Required For Selling Land in Trinidad and Tobago

For most of the transactions concerning conveyance, the Seller is required to procure the following documents for the Buyer and his/her attorney (where possible):

  • The title of the report by which the Seller acquired the Land
  • If the Land is registered under the Real Property Act, the duplicate original Certificate of Title will also be required;
  • Duly executed instruments of the release of all outstanding mortgages on the Land;
  • Current receipts and bills for WASA, 
  • Lands/Buildings Taxes and a WASA Clearance Certificate;

For Leasehold Properties (Land for sale Trinidad and Tobago) :

  • up to date receipts for rent of land and condominium charges; and permission of the lessor; and
  • the Share Certificate of the Sellers’s interest in the management company;
  • If the Seller is a company, a seled and signed and dated by-laws of the Company and the current Annual Return; and
  • If the Land was recently developed by the Seller, the Final approval or Completion Certificate from the Local Regional Authority. 

600,000

1 Acre Land for Sale – Penal

Goodman Trace, Penal Rock Road, Penal

Bed: *Bath: *

Land

3 weeks ago

600,000

Bed: *Bath: *

Land

3 weeks ago

TT$2,500,000/Neg

Land for Sale

Chaguanas, Trinidad and Tobago

Land

Cindy R Singh

1 month ago

TT$2,500,000/Neg

1 month ago

EC$9,509,150
EC$9,509,150

sqft: 154344

Land

EC$70,639,400
EC$70,639,400

sqft: 2790000

Land

EC$13,584,500
EC$13,584,500

sqft: 1089000

Land

$4,260,533

LAND AT CALLISTE

Grand Anse, 1473, Grenada

sqft: 43560

Land

$4,260,533

sqft: 43560

Land

$4,700,000

COMMERCIAL LAND

Grand Anse, 1473, Grenada

Land

$4,700,000
TT2,850,000/Neg

Land for sale in Gran Couva

Couva, Couva-Tabaquite-Talparo, 1868, Trinidad and Tobago

Bed: 00Bath: 00

Land

Cindy R Singh

2 months ago

TT2,850,000/Neg

Bed: 00Bath: 00

Land

2 months ago

$1,400,000/Neg
$1,400,000/Neg

sqft: 28000

Land

2 months ago

3 months ago

TT500,000/Neg

Land for sale Couva (2.2 acres)

Couva, Couva-Tabaquite-Talparo, 1868, Trinidad and Tobago

Land

Cindy R Singh

3 months ago

TT500,000/Neg

3 months ago

TT1,650,000/Neg

Land for Sale (10 acres)

Sangre Grande, Trinidad and Tobago

Land

Cindy R Singh

3 months ago

TT1,650,000/Neg

3 months ago

TT750,000/Neg

Land for Sale in Couva

Couva, Couva-Tabaquite-Talparo, 1868, Trinidad and Tobago

Land

Cindy R Singh

4 months ago

TT750,000/Neg

4 months ago

$1,400,000/1,400,000.00

GRAPEFRUIT CRESCENT, PERSEVERANCE, MARAVAL:

GRAPEFRUIT CRESCENT, PERSEVERANCE, MARAVAL:

Land

$1,400,000/1,400,000.00
4,000,000/4,000,000.00

Lot 4a & 4b Lady Chancellor: 

Lot 4a & 4b Lady Chancellor: 

Land

4,000,000/4,000,000.00
620,000

For Sale: RESIDENTIAL LOT, THE PALMS @ RAVINE SABLE, LONGDENVILLE

The Palms @ Ravine Sable, Caparo Valley Brasso Road, Longdenville

Bed: -Bath: -sqft: 5000

Land

Gretel Ragoonanan

5 months ago

620,000

Bed: -Bath: -sqft: 5000

Land

5 months ago

3,500,000

Bed: -Bath: -sqft: 43560

Land

Gretel Ragoonanan

5 months ago

3,500,000

Bed: -Bath: -sqft: 43560

Land

5 months ago

2,100,000

Bed: -Bath: -sqft: 13000

Land

Gretel Ragoonanan

5 months ago

2,100,000

Bed: -Bath: -sqft: 13000

Land

5 months ago

3,200,000

Bed: -Bath: -sqft: 5000

Land

Justin Nicholas

5 months ago

3,200,000

Bed: -Bath: -sqft: 5000

Land

5 months ago

$2,650,000

Bed: -Bath: -sqft: 10

Land

Gretel Ragoonanan

5 months ago

$2,650,000

Bed: -Bath: -sqft: 10

Land

5 months ago

$695,000

Land

Realty Traders Ltd.

5 months ago

$695,000

5 months ago

$725,000

Arima

Lynton Gardens

Land

Realty Traders Ltd.

5 months ago

$725,000

5 months ago

$2,200,000

Maraval

Haleland Park

Land

Realty Traders Ltd.

5 months ago

$2,200,000

5 months ago

950,000/950000.00

Frontin Road, Mayaro

Frontin Road, Mayaro

sqft: 8091

Land

950,000/950000.00

sqft: 8091

Land

$3,500,000

6 months ago

$690,000/690000.00

LOT 14, VILLAS OF LES BOIX, MARAVAL:

LOT 14, VILLAS OF LES BOIX, MARAVAL:

Land

$690,000/690000.00
725,000

Land

Realty Traders Ltd.

6 months ago

725,000

6 months ago

750,000

Land for Sale – Lopinot Road, Arouca

Lopinot Village off Lopinot Road, Arouca

Bed: *Bath: *sqft: 20840

Land

Clifton Rampersad

8 months ago

750,000

Bed: *Bath: *sqft: 20840

Land

8 months ago

sqft: 5163

Land

Cindy R Singh

9 months ago

sqft: 5163

Land

9 months ago

9 months ago

4,788,250

Plot #9, Commercial Land, Trincity

Trincity Industrial Estate, Trincity

Bed: -Bath: -sqft: 20

Land

Gretel Ragoonanan

10 months ago

4,788,250

Bed: -Bath: -sqft: 20

Land

10 months ago

$6,102,000

Bed: -Bath: -sqft: 20

Land

Justin Nicholas

10 months ago

$6,102,000

Bed: -Bath: -sqft: 20

Land

10 months ago

$6,750,000

Bed: -Bath: -sqft: 16

Land

Justin Nicholas

10 months ago

$6,750,000

Bed: -Bath: -sqft: 16

Land

10 months ago

$6,130,000

Bed: -Bath: -sqft: 15

Land

Gretel Ragoonanan

10 months ago

$6,130,000

Bed: -Bath: -sqft: 15

Land

10 months ago

750,000/0.00

Munroe Road, Cunupia Prime Lot for Sale

Lot #13A Deogobin Street, Munroe Road, Cunupia

sqft: 5243

Land

Gretel Ragoonanan

10 months ago

750,000/0.00

sqft: 5243

Land

10 months ago

1,300,000

Cunupia Prime 2 1/2 Lots

Hinkin Trace, Southern Main Road, Cunupia

sqft: 12953

Land

Justin Nicholas

10 months ago

1,300,000

sqft: 12953

Land

10 months ago

2,800,000
2,800,000

sqft: 11

Land

1 year ago

3,200,000
3,200,000

sqft: 175955

Land

1 year ago

$6,000,000

Bed: *Bath: *sqft: 20000

Land

$6,000,000

Bed: *Bath: *sqft: 20000

Land

6,917,000

Bed: *Bath: *sqft: 16870

Land

6,917,000

Bed: *Bath: *sqft: 16870

Land

$500,000

Land

Cindy R. Singh

2 years ago

$500,000

2 years ago

$1,375,000

Bed: *Bath: *sqft: 12902

Land

Clifton Rampersad

2 years ago

$1,375,000

Bed: *Bath: *sqft: 12902

Land

2 years ago

$750,000

Land for Sale – Lot #91 Hope Estate, Tobago

Lot #91 Hope Estate Scarborough, Tobago

Bed: *Bath: *sqft: 10

Land

Clifton Rampersad

2 years ago

$750,000

Bed: *Bath: *sqft: 10

Land

2 years ago

875,000

Bed: *Bath: *sqft: 19800

Land

Clifton Rampersad

2 years ago

875,000

Bed: *Bath: *sqft: 19800

Land

2 years ago

1,500,000

GLENCOE LAND

Glencoe Estate, La Horquette

sqft: 11336

Land

Guillen Realty

3 years ago

1,500,000

sqft: 11336

Land

3 years ago

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