About this Property
For Sale – Grand Lagoon, Mayaro – Apartment Building and House – Investment Opportunity! – TT$3.2M ONO
Great investment opportunity, perfect for short-term rentals!
This well maintained multi-unit gated apartment complex sits on 9,530sf of freehold land. The property comprises two buildings that border the Guayaguayare road at the back and opens out to a panoramic ocean view, to the front. The first building has four self-contained fully furnished apartments, three of which are 2 bedroom apartments and a 1 bedroom apartment. The second building which faces the ocean is a two storey fully furnished executive condo comprising 3 bedrooms, and 3 bathrooms with an open plan living, dining, and kitchen area with a separate laundry/utility room. There is a wrap-around verandah at the top and a patio at the bottom to take full advantage of the lovely ocean view. Also included are nine water tanks, 2 pumps, and a camera system. Parking is for approx. 12 cars.
About the Region
Guayaguayare
Guayaguayare is the most south eastern village in Trinidad and Tobago. It lies at the southern end of the county of Mayaro. Guayaguayare (often simply called Guaya) is primarily a fishing village, but it also plays a major role in the petroleum industry. The largest petroleum producers in the country - BP Trinidad & Tobago (bpTT), BHP Billiton and Petrotrin all have a major presence here.
Guayaguayare was the first area in Trinidad sighted by Christopher Columbus on July 31, 1498. The area along Guayaguayare Bay, between the Lizard River (originally Rio de Iguanas) and the Pilote River (Rio de Pilotas) was settled by French planters and their slaves in the late eighteenth century following the 1783 Cedula de Población.
Guayaguayare also has a prominent place in the history of the oil industry - it was the site of the first commercially viable wells drilled in Trinidad by Randolph Rust and Lee Lum in May 1902.
It is the birthplace of Jillian Richardson who won a silver medal for Canada at the 1984 Olympics in the 4x400 metres.
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Manzanilla
Manzanilla is located in East Trinidad and Tobago. Manzanilla is known as a fishing village that has successfully served its community for years. The village has grown drastically as many locals come to partake in the long drives to the beautiful beaches or just to enjoy the many seafood parlours that offers a menu that is “exotic” as some would say.
The residents depend on this to maintain a healthy livelihood and continuous business activity. Many land owners have either sold out and moved on or developed properties into resorts. Much locals stay at these resorts for the Easter, Carnival and long weekends.
Manzanilla is home to a never ending beach where Leatherback Turtles lay eggs. This beach is one of the best secluded beaches for long strolls, family picnics, camping activities but most notably ‘beach limes’ as the locals say. It is also one of the recommended beaches for those wanting to escape the noise and frenzy and enjoy a quiet beach experience.
Mayaro
Mayaro is a town on the island of Trinidad in Trinidad and Tobago. Known as a fishing village, many vendors travel from all over to purchase the catch. Mayaro has developed into a well-known residential area where schools, health centres, police stations are all accessible. Most small business owners are residence and they thrive from many persons who are just passing through to enjoy the beaches available for bathing, relaxing etc.
There are resorts that has significantly developed and many Trinidadians as well as tourists book these rooms especially around the Carnival and Easter season.
Mayaro has a market, bus terminal, ATM’s Banking services, police and fire stations and many bars.
Mayaro is also associated with the oil production - most of Trinidad's oil and natural gas production comes from offshore oil fields to the east of Mayaro. The major producer is BP Trinidad & Tobago (bpTT), together with BHP.
