Hi, my name is Rickey Villaroel a real estate agent with TNT Homes For Sale with a passion for real estate in Trinidad and Tobago. This website was set up to help clients sell, buy and rent properties. Feel free to contact me if you have any comments, questions or suggestions. Tel: 868 283 1172
How to Qualify for a Mortgage in Trinidad & Tobago: A Comprehensive Guide
With various financial institutions offering competitive mortgage options, understanding the qualification process is crucial. How to qualify for a mortgage in Trinidad & Tobago can be a significant step towards achieving your dream of homeownership. This guide will walk you through the essential steps and highlight some of the leading financial institutions in the region.
Understanding Mortgage Options in Trinidad & Tobago
Trinidad & Tobago offers a diverse range of mortgage options, catering to different income levels and property values. For instance, the Trinidad and Tobago Mortgage Finance Company Limited (TTMF) provides up to 100% financing for first-time homeowners with incomes not exceeding $14,000 per month and property values up to $1 million3. For higher income brackets ($14,001 to $30,000 per month), financing is available for properties valued up to $1.5 million with up to 95% financing.
Steps to Qualify for a Mortgage
Assess Your Income and Expenses
Calculate your gross monthly income and consider any joint applicants.
List all monthly debt payments, such as car loans and credit card debt.
2. Check Your Credit Score
A good credit score can significantly improve your chances of approval. Ensure you have a history of timely payments.
3. Gather Required Documents
Typically includes:
Valid identification
Proof of address
Recent pay slips and job letters
Bank statements for the past few months
Income tax returns (for self-employed individuals, audited financial statements may be required)
4. Choose the Right Mortgage Product
Consider factors like interest rates, repayment terms, and additional costs such as legal fees and appraisal costs.
5. Apply for Pre-Approval
Many banks offer pre-approval certificates, which indicate the maximum loan amount you qualify for based on your financial situation.
Financial Institutions Offering Mortgages in Trinidad & Tobago
Several financial institutions in Trinidad & Tobago offer competitive mortgage options:
First Citizens Bank: Known for up to 100% financing, low interest rates, and cashback incentives on residential mortgages.
Trinidad and Tobago Mortgage Bank (TTMB): Offers financing options tailored for first-time homeowners with specific income and property value criteria.
Home Mortgage Bank (HMB): Plays a crucial role in developing the mortgage market and providing liquidity to financial institutions.
Scotiabank: Provides a range of mortgage options with flexible repayment terms and requires detailed financial documentation for application.
JMMB Group: Offers up to 100% financing with additional financing for costs like valuation fees and legal costs.
Republic Bank: Offers tailored mortgage packages with discounts on complementary services for home improvements.
RBC Royal Bank: Provides financing options for residents and non-residents, with varying down payment requirements
Tips for a Smooth Mortgage Application
Plan Ahead: Start saving for your down payment and closing costs early.
Improve Your Credit Score: Ensure timely payments on existing debts.
Consult a Financial Advisor: Get personalized advice on choosing the best mortgage option for your financial situation.
By following these steps and understanding the offerings from various financial institutions, you can successfully qualify for a mortgage in Trinidad & Tobago and move closer to owning your dream home.
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For many individuals in Trinidad and Tobago, the dream of owning a home is a significant milestone. Many wonder is it cheaper to build or buy a home in T&T. However, deciding whether to build or buy can be a daunting task, especially when considering the financial implications. In this article, we will delve into the costs associated with both options, providing a detailed breakdown to help you make an informed decision
Buying a Home in T&T
Buying a home in Trinidad and Tobago can be a straightforward process, but it comes with its own set of costs. The median cost of a house in T&T is approximately $1.3 million, with prices varying significantly based on location and condition. For instance, a one-bedroom house can range from $900,000 to $1.5 million. While purchasing a finished home might seem hassle-free, it often requires additional expenses for renovations or repairs if the property is not in perfect condition.
Cost Breakdown for Buying: Build or Buy a Home in T&T
Cost Component
Estimated Cost
Purchase Price
$900,000 – $1.5 million
Legal Fees
1% – 2% of purchase price
Valuation Report
$5,000 – $10,000
Insurance Fees
Varies based on property value
Handling Fees
Varies based on property value
Building a Home in T&T
Building a home offers the advantage of customization but involves more complexity and potential for cost overruns. The cost of building a basic three-bedroom flat (approximately 1,800 square feet) can be around $530,2853. However, this figure does not include land acquisition costs, which can vary significantly depending on location. For example, land in rural central Trinidad might cost $100,000, while in prime Port of Spain areas, it could reach $6 million.
Cost Breakdown for Buying:
Cost Component
Estimated Cost
Land Acquisition
$100,000 – $6 million
Building Costs
$530,285 (for a basic 3-bedroom)
Architectural Fees
$12,000
Purchase Related Costs
15% – 20% of building cost
Miscellaneous (Permits, Inspections)
Varies
Comparison and Considerations – Build or Buy a Home in T&T
Flexibility and Customization: Building allows for customization to suit your needs and preferences.
Initial Costs: Buying often requires a significant upfront payment, while building can be done in phases, spreading out the financial burden.
Long-term Costs: Owning a newly built home might reduce long-term maintenance costs compared to buying an older property.
Time and Effort: Building requires more time and effort in planning and overseeing construction.
Conclusion
Whether it is cheaper to build or buy a home in Trinidad and Tobago depends on several factors, including your budget, preferences, and the current market conditions.
Building offers customization but involves more upfront planning and potential for cost overruns. Buying provides immediate occupancy but may require additional expenses for renovations.
Ultimately, the decision should be based on a detailed analysis of your financial situation and personal priorities.
Contact Us:
📞 Call: 868 283 112 – Rickey
📧 Email: tnthomesforsale@gmail.com
🌐 Visit: www.tnthomesforsale.com
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Browse TNT Homes For Sale listings of Trinidad and Tobago townhouses for sale. We are #1 Solution for homes and rentals in Trinidad and Tobago. Buying a townhouse in a gated community will provide security and peace of mind.
Trinidad and Tobago Townhouses For Sale
Area: Mount St. Benedict | Tunapuna
Bedrooms: 3
Bathrooms: 3.5
Parking: 2
Size: 2260 sq ft
Price: TTD: 1,650,000.00 (neg)
Contact: (868)-759-1712
Status: Available
This St Augustine | Tunapuna townhouse for sale is move in ready.
A townhouse to call home! This tri-level St Augustine townhouse nestled in northern range of St Augustine with a view of the Abby at Mount St. Benedict. It consists of 4 bedrooms and 3.5 baths, Laundry, Kitchen, Living, Dining and Entertainment Areas that open to two balconies with spectacular mountain views. Minutes away from the Eastern Main Road and Priority Bus Route.
Area: Oasis Gardens | Diego Martin
Price: TTD: $1,500,000.00 (neg)
Size: 1,700 sq ft
Bedrooms: 4
Bathrooms: 3
Contact: (868)-759-1712
Ref: TNT1171
Status: No Longer Available
This end unit townhouse for sale is move in ready. An addition bedroom and bathroom was added providing additional square feet. This addition can be used for additional income. It has a private entrance with its own toilet and bath.
On the ground floor of this property there is a spacious living area, kitchen, pantry, laundry room and a spacious 1 bedroom apartment.
There are 3 bedrooms on the 1st floor (1 outfitted with ac unit). There are 2 bathrooms (one en suite to master bedroom).
Area: Maracas | St. Joseph
Price: TTD: $2,000,000.00 (neg)
Size: 1,859 sq ft
Bedrooms: 3
Bathrooms: 3.5
Contact: (868)-759-1712
Ref: TNT1165
Status: Available
This is a fantastic townhouse for sale with a pool and in a gated community. High end finishing.
Area: Gordon Street | St. Augustine
Price: TTD: $2,240,000.00
Size: 1,700 sq ft
Bedrooms: 3
Bathrooms: 2.5
Contact: (868)-759-1712
Ref: OA1562237
Status: No Longer Available
Ideally located townhouse situated close to UWI and The Law School on Gordon Street. Gated community.
Area: Orchard Villas | Tacarigua
Bedrooms: 3
Bathrooms: 2.5
Parking: 2
Size: 1800 sq ft
Price: TTD: 1,900,000.00 (neg)
Contact: (868)-759-1712
Status: Available
This is a gem waiting to be discovered. Located opposite Eddie Hart Savannah and minutes from the highway. Townhouses for sale in east Trinidad are in gated communities and offer improved security.
AREA: LILLIAN HEIGHTS | ARIMA
Bedrooms: 3
Bathrooms: 2.5
Parking: 2
Size: 1,800 sq ft
Price: TTD: 1,900,000.00 (neg)
Contact: (868)-759-1712
Status: Available
Lillian Heights Arima is in the Northern Range and only five minutes from Arima hospital. This unit comes with the following:
Many people believe townhouses are condos or vice versa. Condos you own the space within the walls. Townhouse owners own the piece of land it is on. When you purchase a townhouse it comes with a community. There is a home owners association that is responsible for the operating and maintaining of the common facilities.
A young couple without kids or single professional will prefer the benefits of a townhouse than a house. The worry of maintaining a yard and painting external walls is handled by the HOA. All you need to do is pay your maintenance fees.
Townhouse residents usually share common spaces, such as a pool or driveway, with other neighbors as well. … In general, a townhome also requires less upkeep than a single-family house, making them perfect for those looking to live a low maintenance lifestyle
How To Buy A Townhouse In Trinidad and Tobago
Buying house and land in Trinidad or Tobago is a huge step. First time home owners are anxious to stop paying rent and start paying a mortgage. It is perceived that rent is money lost. However that may not be totally true. Taxi fare can be considered money lost? No it is money paid for a service.
First time home owners must follow the following steps when buying a townhouse:
Pre-quailfy
Save for a down-payment
Location
Budget
Pre-quailfy for purchasing a townhouse
This is a process where you sit with a mortgage specialist at your local bank or credit union. Then determine the dollar value you allowed to borrow toward the purchase. There are a number of factors that determine the total you qualify for a mortgage. Many commercial banks like RBC, RBL and FCB allow you to pre-qualify online. But this information will be verified and subject to lending guidelines.
Save for Down Payment
Townhouses are located in gated communities and range between 1 million – 5 millions upwards. Price is determined by location, finishing, view, amenities on the compound, the number of units etc. Down payment on a single family home or a townhouse in Trinidad and Tobago is between 5% – 10% of the purchase price.
A property for 1 million with a down payment of 5% = $50,000.00. This total will take time to accumulate. Then legal fees, stamp duty, furniture, paint and other expenses before moving in.
Location – Simple but Important
When deciding on a life impacting decision like buying a townhouse location is important. Proximity to work, surrounding neighborhoods, schools, place of worship and effects of the weather. These are some factors to consider when choosing a location.
Budget – Pros and Cons
Many believe this is simply having the purchase price. Setting your budget when buying a townhouse or any property must be planned. Move in ready homes will need to be cleaned and given a personal touch. Repainting and landscaping can cost additional money.
Not planning for unforeseen expenses can cause delays and at times lose your dream home. Down-payment, Legal Fees, Stamp Duty, Valuation, Updating and Maintenance are some expenses to budget for when looking to buy a Trinidad and Tobago townhouse for sale.
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Real estate agent Trinidad and Tobago serve as intermediaries between buyers and sellers in real estate transactions. While it is possible to buy or sell a property without a real estate agent, many people choose to work with them for several reasons.
I am Rickey Villaroel – Certified Real Estate Agent Trinidad & Tobago. If you are reading this it means your are looking to sell a property. We do the work for you to find us and we do the same for buyers to find your property. Give me a call today Tel: 1 868 283 1172.
Top Reasons Why You Should Hire A Trinidad Real Estate Agent
Expertise and Knowledge: Real estate agents are trained professionals who have a deep understanding of the local real estate market. They can provide valuable insights into current market conditions, property values, and neighborhood trends.
2. Access to Listings: Real estate agents have access to a wide range of listings through various real estate agents groups, social media and many other industry networks. This allows them to find properties that meet your specific criteria more efficiently than if you were searching on your own.
3. Negotiation Skills: Negotiating the price and terms of a real estate transaction can be complex. Real estate agents have experience in negotiation and can help you get the best deal possible, whether you’re buying or selling.
4. Paperwork and Legal Compliance: Real estate transactions involve a significant amount of paperwork and legal documentation. Real estate agents can ensure that all documents are completed accurately and in compliance with local and state regulations, reducing the risk of legal issues.
5. Time Savings With Real Estate:
Buying or selling a property can be time-consuming, especially when dealing with showings, inspections, and negotiations. Real estate agents can handle many of these tasks on your behalf, saving you time and reducing stress.
6. Market Insights: Agents can provide you with information about the local real estate market’s historical performance and future outlook, helping you make informed decisions.
7. Marketing and Exposure: When selling a property, real estate agents can market it effectively, using professional photography, online listings, and their network of potential buyers. This can lead to a quicker sale and potentially a higher selling price.
8. Network of Professionals: Agents often have a network of trusted professionals, including inspectors, appraisers, mortgage brokers, and attorneys, that they can recommend to assist with various aspects of the transaction.
9. Handling Issues: If unexpected problems arise during the buying or selling process, real estate agents can provide guidance and solutions to help you navigate these challenges.
10. Peace of Mind: Working with a real estate agent can provide peace of mind, knowing that you have a knowledgeable and experienced advocate working on your behalf throughout the transaction.
11. Prevent Fraud: Registered agents would have been certified by Roytec or a certified institution. A registered company with legal affairs that can be found online. FIU registered and can be verified on their list
How to find a reliable real estate agent in Trinidad
Online Search: Use search engines or real estate websites to look for agents in Trinidad. Websites like TNTHomesforsale.com , Mybunckofkeys, PinTT or local real estate portals often have directories where you can find agents.
Local Real Estate Agencies: Contact local real estate agencies in Trinidad. They can provide you with a list of their agents, and you can choose one based on your preferences and needs.
Referrals: Ask friends, family, or colleagues who have recently bought or sold property in Trinidad for recommendations. Personal referrals can be valuable in finding trustworthy agents.
Social Media: Look for real estate agents or agencies on social media platforms like Facebook, Instagram, or LinkedIn. Many professionals and agencies have social media profiles where they showcase their services and listings.
Attend Open Houses: Visit open houses in Trinidad. This allows you to meet real estate agents in person and get a sense of their expertise and professionalism.
Check Reviews: If you find agents online, read reviews and testimonials from their previous clients. This can give you insights into their work ethics and customer satisfaction.
Licensing and Credentials: Ensure that the agent you choose is licensed and has the necessary credentials. You can usually check this information on official real estate licensing websites in Trinidad.
Interview Multiple Agents: Don’t hesitate to interview multiple agents before making a decision. Ask about their experience, recent transactions, and their knowledge of the local market.
Selling A Property I Trinidad && Tobago
Looking to sell your home in Trinidad and Tobago? TNT Homes For Sale is your trusted partner in the real estate market. With a team of dedicated professionals who understand the local market inside out, we ensure your property gets maximum exposure to the right buyers. Our personalized approach, cutting-edge marketing strategies, and commitment to excellence make the selling process smooth and efficient. Choose TNT Homes For Sale and let us help you achieve the best value for your home with confidence and ease.
While there are fees associated with using a real estate agent, many people find that the benefits they offer outweigh the cost. Ultimately, the decision to use a real estate agent depends on your specific needs, knowledge of the real estate market, and comfort level with handling the complexities of a real estate transaction on your own.
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Looking for an Arima home for sale? TnT Homes For Sale offers homes for sale in Arima and surrounding areas. The Foothills, Mandalay Gardens, The Crossings, La Resource North, The Residences and Bregon Park are some of the areas with high demand.
Arima Home For Sale – New Gated Community
Area: Manuel Congo | Arima
Bedrooms: 3
Bathrooms: 2
Parking: 2
Size: 3,500 sq ft
Price: TTD: 1,350,000.00.
Contact: (868)-759-1712
Status: Available
Brand new Arima home for sale in a gated community. Affordable homes for first time home owners.
Area: Manuel Congo | Arima
Bedrooms: 3
Bathrooms: 2
Parking: 2
Size: 5,000 sq ft
Price: TTD: 1,600,000.00.
Contact: (868)-283 1172
Status: Available
Brand new Arima home for sale in a gated community. Affordable homes for first time home owners. On 5000 square feet of land these offer more space.
Area: Woodlands Park | Arima
Bedrooms: 4
Bathrooms: 3
Parking: 2
Size: 5,100 sq ft
Price: TTD: 1,450,000.00.
Ref#: TNT25894
Contact: (868)-759-1712
Status: Sold
This is a good starter home with lots of potential. Key factors to consider when buying this Arima home for sale are:
Location
Potential
Price
Land size
Located in the northern range of Arima, flooding is not an issue. Minutes away from the Arima velodrome and Arima Hospital.
Area: Almond Boulevard | Arima
Bedrooms: 2
Bathrooms: 2
Parking: 2
Size: 4,124 sq ft
Price: TTD: 1,500,000.00.
Ref#: TNT24403
Contact: (868)-759-1712
Status: Sold
Tastefully designed kitchen is fitted with teak cupboards and granite counter tops.
About Arima Trinidad and Tobago
Nestled in the easternmost part of Trinidad and Tobago, lies the Royal Chartered Borough of Arima, a captivating blend of history, commerce, and vibrant culture. Boasting a rich tapestry of attractions, this dynamic town serves as a bustling trading hub while offering visitors a plethora of opportunities to unwind and indulge in its unique offerings.
At the heart of Arima lies its renowned shopping districts, beckoning both locals and tourists alike to explore its vibrant array of goods and services. From bustling marketplaces to quaint boutiques, the town’s innermost areas bustle with activity, making it a prime destination for retail therapy. The drag malls, in particular, stand as iconic landmarks, offering a treasure trove of items reflecting the rich Rastafarian heritage of the region.
One of the undeniable draws of Arima is its culinary scene, where visitors can tantalize their taste buds with a diverse range of local delicacies. From mouthwatering burgers to savory doubles and flavorful gyros, the streets of Arima are alive with the aroma of delectable street food. For those seeking a taste of authentic Trinidadian cuisine, Arima serves as a culinary haven, inviting exploration and discovery at every turn.
Beyond its bustling markets and culinary delights, Arima offers a range of essential services, including primary and secondary schools, hospitals, and police and fire services. This infrastructure ensures that residents and visitors alike have access to necessary amenities, fostering a sense of safety and well-being within the community.
More Arima Facts
Arima also holds a special place in the annals of history as the home of the indigenous Caribs, whose presence in the region dates back centuries. The area known as Calvary Hill serves as a focal point for tourists eager to learn more about this fascinating tribe, offering insights into their culture and heritage. The Caribs, once a dominant force in the region, continue to captivate visitors with their rich history and traditions.
However, like any vibrant town, Arima is not without its challenges. The bustling atmosphere of the town center can sometimes lead to congestion and traffic woes, particularly during peak hours. Additionally, while the presence of indigenous communities adds to the town’s cultural richness, there is a need for greater recognition and preservation of their heritage.
Despite these challenges, Arima continues to thrive as a beacon of culture and commerce in Trinidad and Tobago. Its vibrant markets, rich culinary offerings, and unique cultural heritage make it a must-visit destination for anyone seeking an authentic Trinidadian experience. From exciting borough day celebrations to the rhythmic beats of Jouvert, Arima invites visitors to immerse themselves in its vibrant tapestry of sights, sounds, and flavors, ensuring an unforgettable journey into the heart of Trinidadian culture.
Are you on the lookout for the perfect place to call home in Trinidad? With the real estate market offering a plethora of options, finding apartments for rent in Trinidad has never been more exciting. Whether you’re a student, young professional, or a family searching for the ideal living space, this guide will help you explore the rental landscape with ease.
When it comes to rental properties in Trinidad, the choices are abundant. From cozy studios to spacious family-friendly apartments, there’s something for everyone. Explore our Trinidad apartment listings to discover the variety of options available, catering to different preferences and lifestyles.
Apartments For Rent Trinidad and Tobago
Area: Noel Street | Couva
Type: Apartment
Bedroom: 2
Bathroom: 1
Rent: $5,000.00
Contact: (868)-283-1172
Deposit: $5,300.00
Type: Furnished
Status: Available
This is a fully furnished apartment on Noel Street, Couva. Unit is within walking distance of the Southern Main Road. Easy access to transportation and all amenities.
Area: Trincity
Type: Apartment
Bedroom: 2
Bathroom: 1
Rent: $4,300.00
Contact: (868)-283-1172
Deposit: $4,300.00
Type: Furnished
Status: Rented
Living, Dinning, Kitchen and Laundry Area
Built-in Cupboards
Air Condition
Hot and Cold
Beds
Stove with Gas Tank
Dinette Set
Television
Washing Machine with Dryer
Kids from 9 years and over
Electricity, Water, Cable and Wifi Included
Street Parking in front of the Premises
Located in a quiet residential neighborhood
Close proximity to the priority bus route
5 mins from Trincity Mall and East Gate Mall
Area: El Socorro | San Juan
Type: Apartment Downstairs
Bedroom: 2
Bathroom: 1
Rent: $2,800.00
Contact: (868)-283-1172
Deposit: $2,800.00
Type: Unfurnished
Status: Rented
This apartment has a living and dinning room. There is a nice size kitchen. A/C in one Bedroom and a laundry area. Electricity Bill Included.
Area: Mt Hope | Champ Fleurs
Type: Townhouse
Bedroom: 3
Bathroom: 2.5
Rent: $6,300.00
Contact: (868)-283-1172
Deposit: $6,300.00
Type: Furnished
Status: Available
Located within minutes of the Eastern Main Road and the PBR. This gated community provide easy access to all amenities.
Area: Taylor Street | Tunapuna
Type: Apartment
Bedroom: 1
Bathroom: 1
Rent: $3,500.00
Contact: (868)-283-1172
Deposit: $3,500.00
Type: Unfurnished
Status: Rented
Brand new one bedroom apartment with easy access. The apartment has a/c and utilities are included.
Area: Beaulieu Avenue | Trincity
Type: Apartment
Bedroom: 2
Rent: $3,500.00
Contact: (868)-283-1172
Deposit: $3,500.00
Type: Furnished
Status: Rented
This is a Trincity apartment for rent for anyone working in East Trinidad. A furnished apartment means you only needs your funds and clothes to move in.
Area: Petit Curacaye Road | Santa Cruz
Type: Apartment
Rent: $2,200.00
Contact: (868)-748 2956
Deposit: $3,000.00
Status:Available
This is a one bedroom downstairs apartment. Close to transport and has indoor washing area. Parking is available. Open layout with tiling throughout. Kitchen cabinets are installed. First month and deposit required.
Area: Lillian Heights | Arima
Bedrooms: 3
Bathrooms: 1
Type: Apartment
Parking: 1
Price: $ 4,000.00 . TTD per month
Contact: (868)-283-1172
Status: Rented
Do you work in Arima or surrounding areas? Then take this opportunity to rent in the safe community of Lillian Heights, Arima. Minutes away from The Dial and Arima Hospital.
New Listings
Houses Apartments For Rent In Trinidad And Tobago
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Area: Ascot Gardens | Arima
Bedrooms: 3
Bathrooms: 2
Type: House
Parking: 2
Price: $ 5,500.00 . TTD per month
Contact: (868)-283-1172
Status: Rented
Do you work in Arima or surrounding areas? Then take this opportunity to rent in the safe and gated community of Ascot Gardens.
Area: Oasis Gardens – Endeavour | Chaguanas
Bedrooms: 2
Bathrooms: 1
Type: House
Parking: 2
Price: $ 4,200.00 . TTD per month
Contact: (868)-283-1172
Status: Rented
This home is air conditioned and fenced. Located in a quiet neighborhood and completely fenced with a sliding gate.
Area: Mt Hope Villas | San Juan
Bedrooms: 3
Bathrooms: 2.5
Type: Townhouse
Parking: 2
Price: $ 6,500.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
Located within 1 minute walk from the EMR. This townhouse for rent is an end unit in a gated community. Mt Hope Hospital is only 5 minutes away. There is easy access to Port of Spain.
Area: Oropune Gardens | Piarco
Bedrooms: 3
Bathrooms: 1
Type: Townhouse
Parking: 2
Price: $ 3,000.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
Working at Piarco Int’l Airport and environs? This Oporune Gardens townhouse for rent is ideal. No flooding and easy access to transport. Call us to make an appointment to view. TNT Homes For Sale – 868 283-1172.
Area: Sunrise Park | Trincity
Bedrooms: 4
Bathrooms: 3
Type: House
Parking: 2
Price: $ 7,000.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
Live in a gated community in Trincity. Sunrise Park, Trincity is ideal. Located with 5 minutes of Trincity Mall with easy access to the hi-way and Piarco Int’l Airport.
Area: Xavier Street | Chaguanas
Bedrooms: 4
Bathrooms: 2
Type: House
Parking: 2
Price: $ 4,500.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
House for rent is located on Xavier Street, Chaguanas. There is easy access to the highway and walking distance to the busy hub of Chaguanas.
Area: Beaulieu Avenue | Trincity
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,100.00 . TTD per month (neg)
Contact: (868)-283-1172
Status: Available
This Trincity studio apartment for rent is furnished and comes with air condition and parking.
Area: Maracas | St Joseph
Bedrooms: 3
Bathrooms: 2.5
Type: Townhouse
Parking: 2
Price: $ 6,000.00 . TTD per month (neg)
Contact: (868)-759-1712
Status: Rented
How often do you get a furnished home under $7000.00? This townhouse for rent is move in ready in a gated community. The neighborhood is very safe and walking distance from the Police Station.
Area: Endeavour | Chaguanas
Bedrooms: 3
Bathrooms: 2
Type: House
Parking: 2
Price: $ 4,000.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
Endeavour Chaguanas house for rent is located close to Pricesmart Chaguanas. There is a huge playing field for the kids and the fitness enthusiast. The master bedroom is en-suite with air condition. Book your appointment to view this Chaguanas house for rent.
Area: Charlieville | Chaguanas
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 2
Price: $ 2,900.00 . TTD per month (neg)
Contact: (868)-333-6493
Status: Rented
Lovely Charlieville Chaguanas apartment for rent in a secure compound. The apartment for rent comes with the following:
Two Bedrooms
One Bathroom
Kitchen
Air Condition
Free Wifi
Washing Area
Hot & Cold Water
Parking
Remote gate
Tenant pays light bill and deposit is required. Arrangements can be made for deposit. Proof of employment is required.
Apartments For Rent In Trinidad – East
Area: Lillian Heights | Arima
Bedrooms: 3
Bathrooms: 2
Type: For Rent
Parking: 1
Price: $ 4,000.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
A well maintained three bedroom apartment for rent in Arima. This apartment for rent is in a residential community of Lillian Heights – D’Abadie. It has the following:
Hot Water
Water tank
Pump
Porch
Three bedrooms
Air-Condition
Two bathroom
Parking
Area: Aranguez | San Juan
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,600.00 . TTD per month
Contact: (868)-333-6493
Status: Rented
Apartment is ideal for a couple, air conditioned and comes with the following:
*Kitchen
*Bathroom
*Toilet
*Washing area
*Hot and cold
*Remote gate
*Free WiFi
Feel free to contact us to view this Aranguez apartment for rent.
Area: Pasea Street | St. Augustine
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,300.00. TTD (neg)
Contact: (868)-759-1712
Status: Rented
The semi furnished apartment comes with the following:
Two beds
Bedroom cupboards
Living room set
Dining room set
Fridge
Stove
Kitchen cupboards
No pets
This apartment is suited for room mates or young couple and prefer not to have a long commute to work. Semi furnished with the all the necessary items you will need to live and prepare meals.
Area: Pasea Street | St. Augustine
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,500.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
A 1 bedroom semi furnished apartment for rent east Trinidad within walking distance of UWI and the Priority Bus Route. This apartment is ideal for a single person or a professional wanting to live closer to the capital.
The apartment comes with the following:
Bed
Bedroom cupboards
Living room set
Dining room set
Fridge
Air Condition
Stove
Kitchen cupboards
No pets
Apartment is comfortable and close to all amenities.
Area: Ramkalawan Street | St Joseph
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,100.00. TTD
Contact: (868)-759-1712
Status: Rented
A 3 bedroom apartment comes with a master bedroom. Located on a quiet street in the vicinity of Medical Associates and Curepe.
Area: Syjdra Court | Arima
Bedrooms: 3
Bathrooms: 2.5
Type: For Rent
Parking: 2
Price: $ 6,900.00 . TTD per month
Contact: (868)-759 1712
Type: House
Status: Rented
Modern beautiful, Syjdra Court Arima home for rent is located in a gated community. This 3 bedroom home is just off the EMR.
Apartments For Rent Trinidad
Area: Carry Road | Tabaquite
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,000.00 . TTD per month
Contact: (868)-364-5814
Status: Available
Comfortable upstairs Tabaquite apartment for rent comes with living room, two bedrooms, one bathroom, laundry room and gallery. Located close to transport and quiet neighborhood.
Area: Carry Road | Tabaquite
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,000.00 . TTD per month
Contact: (868)-364-5814
Status: Available
Lovely upstairs Tabaquite apartment for rent comes with living room, two bedrooms, one bathroom and gallery.
Area: Plover Street | Morvant
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 1,700.00 . TTD per month
Contact: (868)-291-8343
Status: Rented
Our apartment is ideal for a working couple. Secure, move in ready and has covered parking . Tenant pays own electricity.
Area: Ramkalawan Street | St Joseph
Bedrooms: One Room
Bathrooms: 1
Type: For Rent
Parking:
Price: $ 1,200.00. TTD (neg)
Contact: (868)-759-1712
Status: Rented
A one room apartment with toilet and bath. Ideal for single person or young couple. Situated within easy access to transportation. Working in Curepe, St Augustine or Port of Spain? This is a good location.
Area: Rosemarie Lands| Gasparillo
Bedrooms: 2
Bathrooms: 1.5
Type: For Rent
Parking: 1
Price: $ 4,000.00 . TTD per month
Contact: (868)-772-6151
Status: Rented
Brand new apartment for rent in a safe neighborhood. Ideal for young couples or professionals.
Area: Charlieville | Chaguanas
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,500.00 . TTD per month
Contact: (868)-333-6493
Status: Available
This apartment is ideal for a couple, air conditioned and comes with the following:
Kitchen
Bathroom Toilet
Washing area
Hot and cold
Remote gate
Free WiFi
Feel free to contact us to view this Charlieville apartment for rent. We can also list your apartment for rent on this website.
Area: Westmoorings
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 4,000.00 . TTD per month
Contact: (868)-772-6151
Status: Rented
Located within walking distance of West mall with easy access to transport. Quiet and safe surroundings.
Studio apartment very tastefully done. The studio apartment for rent comes with the following:
Polished porcelain flooring
hot/cold water/ private laundry space
kitchenette
walking distance to Main Road Chaguanas
semi furnished
gated private parking
utilities included
apartment for rent in Trincity Trinidad
Area: St Clair Gardens | Trincity
Bedrooms: 1
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,500.00 . TTD per month
Contact: (868)-759-1712
Status: Rented
Very quiet and secure apartment. There is parking for one vehicle and electricity is included in monthly rent.
Area: Ramkalawan Street | St Joseph
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 2,100.00. TTD (neg)
Contact: (868)-759-1712
Status: Rented
An unfurnished apartment on a quiet street. A private road therefore there is no excessive traffic. This adds a measure of safety. The apartment is spacious and very cool all day long.
Upstairs has two bedrooms, hot/cold shower and toilet. As you walk in there is a kitchen and a living and dining room area.
Situated minutes away from Medical Associates, St Joseph Police Station, Eastern Credit Union and Curepe Junction.
Area: Malabar | Arima
Bedrooms: 2
Bathrooms: 1
Type: For Rent
Parking: 1
Price: $ 3,000.00 . TTD (neg)
Contact: (868)-759-1712
Status: Rented
SEARCHES RELATED TO HOUSES APARTMENTS FOR RENT TRINIDAD AND TOBAGO
Whether you’re a savvy investor, an aspiring farmer, or someone seeking a peaceful retreat, Trinidad has the perfect piece of land waiting for you. From affordable options to remote and rural landscapes, the opportunities are diverse and promising. Dive into the world of cheap land for sale in Trinidad and embark on a journey to secure your own piece of Caribbean paradise.
TNT Homes For Sale offer land for sale by the owner. Check out our land listings.
Cheap Land for sale in Trinidad – East
Area: Cedros
Type: Land
Size: 7 Acres
Price: $1,200,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status:Available
Cedros land for sale. Situated on the southwestern tip of the island, this 7-acre parcel of land not only offers vast potential but also stands as a testament to the natural beauty that defines Trinidad and Tobago
Area: Hislop & Real Street | San Juan
Type: Land
Size: 5,112 sq ft
Price: $895,000.00
Contact: (868)-283-1172
Grade: Flat
Status:Available
This lot of land is located in a middle class neighborhood with easy access to transport. Build a two story home with downstairs for rental income.
Area: Jattan Lane | San Juan
Type: Land
Size: 10,250 sq ft
Price: Call For Price
Contact: (868)-283-1172
Grade: Flat
Status:Available
Located at the corner of Jattan Lane and Oudan Road, San Juan, this is a great opportunity. Commercial or residential options are available.
Area: Don Miguel Road | San Juan
Type: Land
Size: 6,250 sq ft
Price: $875,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: Available
This is a great investment for the smart investor. Located on the main road there is great potential. Only two minutes walk to the playground and a school.
San Juan is located only 8km from Port of Spain making it easy to get to the capital. El Socorro, Aranguez and Barataria are surrounding neighborhoods. San Juan is a well developed and is great for investing. Both residential and commercial opportunities are available.
Area: Mosque Road | Las Lomas #1
Type: Land (19 E)
Size: 6,700 sq ft
Bathrooms: 2.5
Price: $335,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: Available
Flat land for sale at Mosque Road, Las Lomas #1. The lot is over 6,000 sq ft with approvals. Lights and water are available. The opportunity to build and own your dream home in 2023.
Las Lomas is known for its # 1-3 locations, located in east Trinidad. It is located on both a hilly and flat landscape. The area has developed significantly as many residences have successful small businesses such as poultry, doubles, mini marts, bars.
Area: Guico – Tamana | Cumuto
Type: Land
Size: 5,000 sq ft
Price: $625,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: Available
This lot is in a safe and quiet area of Guaico, Tamana just before Sangre Grande. Easy access to supermarkets, health centre, schools, police stations, banks, shopping malls and minutes away from
the heart of Sangre Grande.
The location offers road access and approvals. Enjoy the peace of mind of living in a safe community. The ability to have a kitchen garden to grow your own chive, tomato, celery and peppers.
Land For Sale In Tobago
Area: Hope Estate | Tobago
Type: Land
Size: 10,021 sq ft
Price: $950,000.00 (neg)
Contact: (868)-473-4505
Grade: Flat
Status: Available
This is affordable land for sale in Tobago. Hope Estate is a picturesque, coastal community located on the South/South-western coast of Tobago and can be accessed either directly off the Windward Road or Belmont Road. Just five minutes away from Scarborough, this single-family residential development is a perfect investment opportunity for anyone who desires a location that offers a well-balanced combination of privacy, community, and convenience.
Cheap land for sale in South Trinidad
Area: Thorne Street | San Fernando
Type: Land
Size: 5,000 sq ft
Price: $825,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: Available
Location is fantastic. Live within walking distance of High Street. Less than 10 minutes from Gulf City. Within a five mile radius of South Park Mall, C3 and Carlton Centre. Land is a great investment for now and the future.
Area: La Romain | San Fernando
Type: Land
Size: 10,000 sq ft
Price: $1,300,000.00 (neg)
Contact: (868)-283-1172
Ref#8050-913
Location: Seepaul Development
Status: Available
This 10,000 sq ft of land is located in Seepaul Development San Fernando.
Cheap Central Land For Sale Trinidad – Central
Area: Krystal Gardens | Freeport
Type: Land
Size: 5,278 sq ft
Price: $675,000.00 (neg)
Contact: (868)-283-1172
Status: Available
This lot of land is within a secure gated community with an excellent family atmosphere. Krystal gardens is a fairly new development and is just over ten years old. Located at the end of Sinaswee Street, only minutes from the St Mary’s Junction Freeport Trinidad. The highway is only about 5 minutes to head North or South.
Land For Sale By Owner
Do you own land in Trinidad and Tobago and want to sell? Did you try selling and was not successful? TNT Homes For Sale is your solution. Simply click the link to send us an email at tnthomesforsale@gmail.com
Searches related to cheap land for sale in Trinidad
In Trinidad and Tobago, property tax is a direct tax levied on real estate holdings. It is an essential source of revenue for the government, enabling it to fund public services and infrastructure development. Property tax is calculated based on the assessed value of a property, which is determined by factors such as location, size, and condition.
Trinidad Tax Rates and Assessment
The property tax rate in Trinidad and Tobago varies depending on the property type. Residential properties are taxed at a rate of 3%, commercial properties at 5%, and industrial properties at 6%. Agricultural properties are taxed at a lower rate of 1%.
The annual rental value (ARV) of a property is used to determine its assessed value. This is an estimate of the annual rent that the property could be expected to generate if it were leased on the open market. The ARV is determined by considering various factors, including the property’s location, size, condition, and amenities.
Key Terms and Procedures
1. Trinidad property tax rate: The tax rate applied to the assessed value of a property to determine the property tax payable.
2. Trinidad property tax assessment: The process of determining the assessed value of a property, which is used to calculate the property tax payable.
3. Property tax Trinidad and Tobago: The property tax system in Trinidad and Tobago.
4. Trinidad property tax payment: The process of paying property tax to the government.
5. Trinidad property tax exemption: Exemptions from property tax that may be available to certain property owners.
6. Trinidad property tax deadline: The deadline for paying property tax to avoid penalties.
7. Trinidad property tax online: The online platform for paying property tax and accessing property tax information.
8. Trinidad property tax contact information: The contact information for the government agency responsible for administering property tax.
Payment and Exemption
Property tax is typically due in two installments, one in January and the other in July. Late payments are subject to interest and penalties. There are a few exemptions from property tax, such as for properties owned by the government, religious organizations, and charitable institutions.
Online Resources and Contact Information
The Inland Revenue Division (IRD) is responsible for administering property tax in Trinidad and Tobago. The IRD’s website provides information on property tax, including the assessment process, payment options, and exemptions. Property owners can also access their property tax records and make payments online through the IRD’s website.
For further assistance, property owners can contact the IRD’s customer service center or visit one of their regional offices.
Property Tax Trinidad & Tobago – FAQ
Q, What is the property tax in TT?
A. The property tax you will be required to pay on your residential property is 3% of its Annual Rental Value. All properties in Trinidad and Tobago have a rental value
Q. Where can I get property tax forms in Trinidad?
A. The Ministry of Finance has advised that the Valuation Return Form (VRF) will be delivered to property owners via TTPOST. Forms can be collected from any Valuation Division office or downloaded from the Ministry’s website: www.valuationdivision.gov.tt.
How Will Property Tax Impact Residential Rental
The impact of property tax on residential rentals can be complex and multifaceted. It depends on various factors, including the specific tax rates, the supply and demand dynamics of the rental market, and the behavior of landlords and tenants.
Potential Impacts on Landlords
Increased Operating Costs: Property tax represents an additional expense for landlords, which can reduce their net rental income. This can incentivize landlords to raise rent prices to compensate for the increased costs.
Capitalization Effect: In some cases, property tax increases may lead to a decrease in property values, as landlords may factor in the higher tax burden when determining the property’s worth. This can potentially affect landlords’ equity and long-term investment returns.
Behavioral Adaptations:
Landlords may adopt various strategies to mitigate the impact of property tax increases. They may seek rental property tax deductions, explore more efficient property management practices, or consider passing on a portion of the tax burden to tenants through rent increases.
Potential Impacts on Tenants
Rent Increases: Landlords may pass on a portion of the increased property tax burden to tenants in the form of rent increases. This can affect tenants’ housing affordability and may lead to budgetary adjustments or potential relocation decisions.
Reduced Rental Options: If property tax increases lead to a decrease in property values, it could potentially reduce the supply of available rental properties. This can limit tenants’ choices and increase competition for available units, potentially driving up rental prices.
Negotiation Opportunities: Tenants may have opportunities to negotiate rent terms with landlords to offset the impact of property tax increases. This may involve seeking rent reductions, exploring longer lease terms, or discussing shared maintenance responsibilities.
Overall Market Dynamics
Supply and Demand: The impact of property tax on residential rentals is also influenced by the overall supply and demand dynamics of the rental market. In areas with high rental demand and limited supply, landlords may have more flexibility to pass on property tax increases to tenants without significantly affecting occupancy rates.
Government Policies: Government policies can also play a role in mitigating or exacerbating the impact of property tax on residential rentals. Rent control measures, subsidies for low-income housing, and targeted tax relief for landlords could help stabilize rental prices and protect tenants from excessive rent increases.
The impact of property tax on residential rentals is a complex issue influenced by various factors. While property tax increases can potentially lead to rent increases and reduced rental options, there are also potential mitigation strategies and government policies that can help stabilize rental markets and protect tenants’ affordability. Understanding the interplay of these factors is crucial for both landlords and tenants in navigating the complexities of the rental market.
Conclusion
Property tax plays a crucial role in funding essential public services and infrastructure development in Trinidad and Tobago. By understanding the property tax system and following the necessary procedures, property owners can ensure they are compliant with tax regulations and contribute to the country’s overall well-being.
Searches related to Trinidad & Tobago property tax
Trinidad and Tobago, the vibrant jewel of the Caribbean, not only boasts stunning beaches and a rich cultural heritage but also offers a thriving real estate market. Whether you’re looking for a picturesque beachfront villa, a cozy family home, or a lucrative investment opportunity, Trinidad has something for everyone. In this comprehensive guide, we’ll delve into the diverse Trinidad real estate landscape and highlight the invaluable role of a real estate agent in making your dream property a reality.
Trinidad Real Estate: Your Ultimate Guide to Buying the Perfect Property
Understanding Trinidad Real Estate
Trinidad’s real estate market is as diverse as its culture. From bustling urban centers like Port of Spain to serene coastal towns and lush countryside, the options are endless. Prospective buyers can choose from modern apartments, historic colonial homes, or contemporary villas, each offering unique charms and investment potential.
Why Invest in Trinidad Real Estate?
Economic Stability: Trinidad and Tobago’s stable economy make it an attractive destination for investors. The real estate market benefits from this stability, offering secure and promising investment opportunities.
Scenic Beauty: The country’s natural beauty, including pristine beaches, lush rainforests, and picturesque mountains, enhances the appeal of its real estate properties. Many homes boast breathtaking views and easy access to these natural wonders.
Cultural Richness: Trinidad’s diverse culture is reflected in its real estate offerings. You can find homes that incorporate traditional Caribbean architecture or opt for modern designs, catering to various tastes.
Tourism and Rental Income: The thriving tourism industry ensures a steady demand for rental properties. Investing in Trinidad real estate can provide a reliable source of passive income.
The Role of a Real Estate Agent
Navigating the intricacies of Trinidad’s real estate market can be overwhelming. This is where a skilled and experienced real estate agent becomes invaluable. Here’s how they can assist you:
Local Expertise: A seasoned real estate agent possesses in-depth knowledge about Trinidad’s neighborhoods, property values, and market trends. They can guide you to areas that align with your preferences and budget.
Negotiation Skills: Real estate agents are adept negotiators. They can secure the best deals for you, ensuring you get the most value for your investment.
Legal Expertise: Purchasing property involves complex legal processes. A real estate agent can help you navigate paperwork, contracts, and legal requirements, ensuring a smooth transaction.
Network and Resources: Agents have extensive networks, including connections with reputable builders, contractors, and financial institutions. They can recommend trustworthy professionals for property inspections, renovations, and financing.
Time and Effort: Searching for the perfect property can be time-consuming. A real estate agent can save you valuable time and effort by presenting you with options that align with your criteria.
Conclusion
Trinidad’s real estate market is a treasure trove of opportunities, and with the right real estate agent by your side, finding your dream property can be a seamless experience. Whether you’re a first-time homebuyer, an investor, or someone looking for a vacation home, consulting a knowledgeable agent ensures that you make informed decisions and secure a property that aligns with your goals. Embrace the beauty and potential of Trinidad’s real estate market with the assistance of a dedicated real estate agent, and let your property dreams come true in this Caribbean paradise.
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TNT Homes For Sale offers this Moruga home for sale under 1 million dollars. What is the price for homes for sale in Moruga? Where in Trinidad and Tobago is Moruga? This property is ideal for someone wanting to own their first home.
Area: St Mary’s Village | Moruga
Type: House For Sale
Bedrooms: 2
Bathrooms: 1
Price: $975,000.00 (neg)
Land: 5,000 sq ft
Contact: (868)- 283-1172
Status: Available
This is a starter home / fixer upper in Moruga Trinidad. The home is approximately 10 years old. There is land to extend and with some upgrades, can be transformed into a family home.
About Moruga Trinidad
The village of Moruga lies on the central south coast of Trinidad at the western end of the Trinity Hills. It is in the Victoria County, Trinidad and Tobago, and is served by the Princes Town Regional Corporation.
The village is close to Trinidad’s oil reserves, and fishing are the area’s main economies with some of the residents of the community working in Princes Town and San Fernando. It is somewhat of a rural dormitory district for these larger urban areas.
The main communities within the Moruga district (heading south from Princes Town) are Indian Walk, Fifth Company, Preau (St Mary’s), Cachipe, Rock River, Basse Terre, Bois Jean Jean, Grand Chemin, La Lune and Marac, with the last three communities located on the coast.
Basse Terre has the largest population and Grand Chemin is the location of the major government buildings such as the local police station, library and public health facility.
Moruga Proper hosts the Moruga museum, a small museum depicting the history of Moruga and Trinidad. Moruga is said to be the place where Christopher Columbus landed when he discovered Trinidad.
Homes For Sale By Owner In Moruga
Do you own a home in Moruga Trinidad and Tobago and want to sell? Looking to rent your apartment in Moriga? Did you try selling or renting and was not successful? TNT Homes For Sale is your solution. Let us sell/rent it for you. Simply send us an email: tnthomesforsale@gmail.com
