Basics
- Date added: Added 1 year ago
- Category: For sale
- Type: land for sale, las lomas #1 land for sale
- Status: Available
- Lot size: 6788 sq ft
Description
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Description:
Las Lomas #1 Trinidad Land For Sale
Looking for Las Lomas Trinidad land for sale? Where is Las Lomas #1 in Trinidad and Tobago? Why buy land for sale in Las Lomas Trinidad? What is the price for land in Las Lomas Trinidad?
Area: Mosque Road | Las Lomas #1
Type: Land (19 D)
Size: 6,775 sq ft
Price: $360,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: In Contract
Area: Mosque Road | Las Lomas #1
Type: Land (19 E)
Size: 6,788 sq ft
Price: $340,000.00 (neg)
Contact: (868)-283-1172
Grade: Flat
Status: Available
Flat land for sale at Mosque Road, Las Lomas #1. The lots are over 6,500 sq ft with approvals. Lights and water are available. The opportunity to build and your dream home in 2023. The lots can be sold separately or together. Here are two possible options if bought together.
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Option 1
Apartment buildings can be constructed. The two lots combined can accommodate two 8 (2 bedrooms) apartment. A new two bedroom apartment for rent in Las Lomas can rent for $2,000.00 per month. Therefore $2,000.00 x 16 = $32,000.00 income per month.
Option 2
Townhouses in a gated compound. Approximately 8 townhouses can be built on 13,000 sq ft of land. Parking and a common area will also be possible. Townhouses for sale in Las Lomas sell for $1,000,000.00. Therefore $1,000,000.00 x 8 = $8,000,000.00
Building cost can vary based on materials used and cost for labor. However both options offer a great return on investment. Interest rates are low making it a good time to invest.
About Las Lomas Trinidad Land
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.
Many land owners have begun parceling out their land and offered it for sale. This creates economic growth as most land has been sold out and begun developing into homes. Las Lomas is easily accessible through the Caroni South & North Bank Road, Boy Cato road and Chin Chin Road.
Las Lomas has a bit of a country feel yet only 15 minutes to the Piarco International Airport. It is quiet community that is not associated with crime. Neighbors look out for each other making it a good location to start your family.
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
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