Caribbean MLSReal Estate

12 unit apartment building Oropuch Road Sangre Grande

Not published

The brief

The reason to consider it.

Invest in a 12-unit apartment building situated on a substantial 34,000 sqft lot across seven separate parcels in Sangre Grande. This income-generating property is fully fenced for enhanced security and offers potential for future expansion or additional development. The property comprises 12 one-bedroom units, each approximately 400 sqft. The ground floor offers about 3,000 sqft of space, with an additional 2,800 sqft upstairs.

Key features include a prime location with easy access to local amenities, schools, and transportation. Two units are currently rented, and there is extra land available at the back of the property. The building was valued at $3.5M.

Last confirmed

Type
Apartment
Land
34,003 ft²
Use
Retail
Lettable area
62,431 ft²
Occupancy
16.67%
Tenants
12
Year built
Available on request

What this listing includes

  • On-site security
  • Parking

What people say about Trinidad and Tobago

Foreign-buyer rules dominate what is written about Trinidad and Tobago.

  • Concern Tobago requires a licence for any foreign land purchase, unlike the one-acre allowance in Trinidad
  • Mixed Licence speed disputed: consultancy says designated areas are near-automatic, ministry guidance cited says up to 20 working days, business chamber says regime deters investment
  • Concern Unclear family title is a major Tobago purchase risk
  • Mixed Crime lower in Tobago than Trinidad per U.S. advisory, but nationwide state of emergency and Level 3 advisory in 2026

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law