Moruga House For Sale In Trinidad Under $500 000

Looking for a home in the Penal and surrounding areas? TNT Homes For Sale offers this Moruga house for sale in Trinidad under $500 000.

Area: Basse Terre Village | Moruga

Type: House

Bedrooms: 2

Bathrooms: 1

Price: $500,000.00 (neg)

Contact: (868)- 283-1172

Status: Available

This is a fantastic 3 in 1 opportunity for a CASH BUYER for only $500k. This property is on lease land and comes with a following:

A 2 bedroom 1 bathroom move in ready home
A mini-mart
Incomplete two storey structure
Land 60ft x 190ft

Rent To Own Property For Sale

At $500,000.00 asking price you have the option to rent to own. A payment plan as shown:

Down-payment – $300,000.00
Monthly Installments – $3,500.00 x 60
Duration – 5 years
Total: $510,000.00

This property has road frontage and lots of land for expansion. The mini-mart can provide a source of income to reduce the monthly installment. The incomplete structure can be completed for rental income. As an investment property, this is a steal of a deal for growing your real estate portfolio or a starter family home.

Why Buy A Moruga House For Sale

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.