Land for sale in Central Trinidad

Central Land

How to buy land in Central Trinidad

Central Trinidad is another good option if you are looking for a place to buy your properties. Both locals and foreigners find this area stable because of the rising economy, carnival festivals, and major shopping areas. When looking for land for sale in Central Trinidad, there are certain things you have to keep in mind for your peace of mind. A fast developing area is between Soogrim Trace, Endeavour, and Price Plaza Chaguanas. There are also outlying areas such as Lange Park and Caroni Savannah Road, which is also a good investment. There are also very reasonable plots located between Freeport and Gasparillo for both residential and agricultural.

Establish the Vendors’ Right to Sell the Land

When looking for land for sale in Central Trinidad, there can be registered or unregistered parcels of land. If the property is unregistered, the seller must present a proper title to the land in order to conduct a search. The sale can be made by a registered deed when an investigation, usually by an attorney, is done to the sellers’ title. When conveyancing is done- meaning to transfer to land to the new owner, the property must be registered with the registrar general who would provide a certificate of title to the property. Endorsements then pass this title on the document itself, which is sufficient evidence of the person who as ownership or title of the property.

If you are an ex-pat that would like to purchase land, you can use your time here for vacation, but you are only allowed up to 3 months with or without your visa. It depends on the area you are from. You can also apply for an extension if you wish to move to the island.

Foreigners must apply for a development license.

For foreigners who want to invest in more than 5 acres, you should apply for a development license. The process is usually done through the Tourism Development Company (TDC). If this is your first time buying land in Central Trinidad, the company will assist you in understanding and knowing the fiscal incentives that you can avail of. Some ex-pats find this challenging, as applying for a license does not always mean that you will be approved. There are instances of rejection, and it depends on certain factors considered by TDC.

Agreement between you and the seller

An agreement between you and the seller must be made before you make any payment, especially in terms of pricing. If the purchase agreement is required, and you will need a 10% deposit to be taken as an escrow. This amount will be reserved and is usually deducted to the total price of the property you are going to acquire. The typical Sales Agreement in Central Trinidad states that you and the seller have 90 days to work on everything to close the sale.

It is also essential to determine that the seller has paid all rates (usually water) and taxes. It is also highly recommended that the buyer does a site visit of the property to do a physical inspection to ensure that no other persons are occupying the land with rights over it.

Finally, when making the purchase agreement between the buyer and seller, which is usually done by an attorney, there is a deposit of ten percent given as consideration. This is generally required to enter into a purchase agreement. At which time, the buyer will have a timeframe of ninety days to pay the balance of the value of the property. This de­posit is usu­al­ly lost if the pur­chas­er does not com­plete the sale ow­ing to his own fault. How­ev­er, it must be re­turned if the ven­dor is found to have a “bad” ti­tle to the prop­er­ty.

Preparing your documents for the sale

Before you can acquire land in the area, you have to make sure that you have the papers you need. You should keep the original ones since brokers and realtors require you to present your original documents. You also need copies of them when submitting the necessary files during the drafting of the sales agreement. When preparing for the document, you can also consider hiring a lawyer or someone whom you can consult to legally. With the help of a professional, you can ensure that the property you are about to acquire does not bear any encumbrance. So, if you can invest in legal fees, it’s better for your peace of mind.

There is a lot of land for sale in Central Trinidad, but you have to be careful during the buying process. You will invest money, time, and effort to make sure that everything is smoothly transacted. After that, you can already enjoy the benefits of living on the island.


For Sale

  • $9,500,000/$9,500,000.00



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For Sale

Beaumont Ridge, Maraval: 

  • $9,500,000/$9,500,000.00
North West, Maraval, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Trinidad Real Estate
1 week ago

Trinidad Real Estate
1 week ago




For Sale

  • 3,400,000/3400000



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For Sale

Lot 4a & 4b Lady Chancellor: 

  • 3,400,000/3400000
North West, , , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Trinidad Real Estate
1 week ago

Trinidad Real Estate
1 week ago




For Sale

  • 900,000/Negotiable



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For Sale

9 Acres Agricultural Land FOR SALE!!

  • 900,000/Negotiable
, Sangre Grande, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 3,700,000



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For Sale

Approved Land for Sale – Charlieville, Chaguanas

  • 3,700,000
, , , TT
  • Bed: *
  • Bath: *
  • Land


Details

8491
1 week ago

8491
1 week ago




For Sale

  • $9,500,000/$9,500,000.00



Image2 scaled 1



For Sale

Beaumont Ridge, Maraval: 

  • $9,500,000/$9,500,000.00
North West, Maraval, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Lorraine Fitzwilliam
1 week ago

Lorraine Fitzwilliam
1 week ago




For Sale

  • 815,000



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For Sale

Land For Sale | The Crossings Arima

  • 815,000
, , , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

-1
1 week ago

-1
1 week ago




For Sale

  • 630,000



TUNAPUNA – LAND – SALE



For Sale

TUNAPUNA – LAND – SALE

  • 630,000
, Tunapuna, ,
  • Bed: 0
  • Bath: 0
  • Land


Details

Mbaker
1 week ago

Mbaker
1 week ago




For Sale

  • 845,000/Negotiable



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For Sale

Arima Land (Gated Community)

  • 845,000/Negotiable
, Arima, , TT
  • Bed: 0
  • Bath: 0
  • 6761 sqft
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 475,000/Negotiable



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For Sale

Charlieville Land FOR SALE!!

  • 475,000/Negotiable
, Chaguanas, , TT
  • Bed: 0
  • Bath: 0
  • 5000 sqft
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 2,100,000/Negotiable



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For Sale

Moka Heights Land FOR SALE!!

  • 2,100,000/Negotiable
, Maraval, , TT
  • Bed: 0
  • Bath: 0
  • 7000 sqft
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 1,550,000/$1,550,000.00



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For Sale

GLENCOE HEIGHTS, GLENCOE

  • 1,550,000/$1,550,000.00
North West, Glencoe, , TT
  • Bed: 0
  • Bath: 0
  • 8998 sqft
  • Land


Details

Lorraine Fitzwilliam
1 week ago

Lorraine Fitzwilliam
1 week ago




For Sale

  • 2,300,000



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For Sale

Approved Land – Chase Village 21,094 sq.ft.

  • 2,300,000
Central, Chase Village, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Clifton Rampersad
1 week ago

Clifton Rampersad
1 week ago




For Sale

  • 675,000/Negotiable



20200226 113242



For Sale

Arima Land FOR SALE!!

  • 675,000/Negotiable
North East, Arima, , TT
  • Bed: 0
  • Bath: 0
  • 5600 sqft
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 1,500,000



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For Sale

10 Acres Agricultural Land FOR SALE!!

  • 1,500,000
, Sangre Chiquito, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 550,000



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For Sale

14,000 sf APPROVED Freehold Land FOR SALE!!

  • 550,000
, Cumoto, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Invoice 14814
1 week ago

Invoice 14814
1 week ago




For Sale

  • 500,000



Screenshot 20200212 225018 Photos



For Sale

For Sale: RESIDENTIAL LOT, ST LOUIS DRIVE, LONGDENVILLE 

  • 500,000
, , , TT
  • Bed: –
  • Bath: –
  • 5000 sqft
  • Land


Details

Gretel Ragoonanan
1 week ago

Gretel Ragoonanan
1 week ago




For Sale

  • 3,000,000



IMG 20200211 WA0004



For Sale

For Sale: INVESTMENT PLOT, CENTENARY ROAD EXTENSION, TUNAPUNA

  • 3,000,000
North East, , , TT
  • Bed: 0
  • Bath: 0
  • 20000 sqft
  • Land


Details

Gretel Ragoonanan
1 week ago

Gretel Ragoonanan
1 week ago




For Sale

  • 485,000



1581383741164



For Sale

Approved Land for Sale – Arima

  • 485,000
North East, Arima, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

8491
1 week ago

8491
1 week ago




For Sale

  • 3,500,000



IMG 20200209 WA0006



For Sale

For Sale: PRIME INVESTMENT PLOT, BRYAN’S GATE, PHILLIPINE

  • 3,500,000
South West, Phillipine, , TT
  • Bed: 0
  • Bath: 0
  • 21742 sqft
  • Land


Details

Gretel Ragoonanan
1 week ago

Gretel Ragoonanan
1 week ago




For Sale

  • 2,500,000



IMG 20200208 WA0008



For Sale

For Sale: INVESTMENT PLOT, BEJUCAL ROAD, CUNUPIA

  • 2,500,000
Central, Cunupia, , TT
  • Bed: 0
  • Bath: 0
  • 14000 sqft
  • Land


Details

Gretel Ragoonanan
1 week ago

Gretel Ragoonanan
1 week ago




For Sale

  • 450,000



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For Sale

Land for sale

  • 450,000
South West, , , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Nigel101
1 week ago

Nigel101
1 week ago




For Sale

  • 795,000



1580930420764



For Sale

Land for Sale – Cassidy Gates, Freeport

  • 795,000
Central, Freeport, , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

8491
1 week ago

8491
1 week ago




For Sale

  • 750,000



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For Sale

RESIDENTIAL LOT, OLIVE GROVE GARDENS, MCBEAN, COUVA

  • 750,000
Central, Couva, , TT
  • Bed: 0
  • Bath: 0
  • 4800 sqft
  • Land


Details

Gretel Ragoonanan
1 week ago

Gretel Ragoonanan
1 week ago




For Sale

  • 400,000



Land for Sale – Princes Town



For Sale

Land for Sale – Princes Town

  • 400,000
South East, , , TT
  • Bed: 0
  • Bath: 0
  • Land


Details

Clifton Rampersad
1 week ago

Clifton Rampersad
1 week ago



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