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 Price : US$ 25,000,000 Type : Commercial - Resorts
Land - Beachfront
Commercial - Land
REF : TOB0074 

Tobago : Culloden Estate                                                                                                                 Tobago Land for Sale


148 acres of beachfront land, with two beautiful beaches and dramatic sea views, located only 30 minutes from the airport and with full planning permission for a hotel, spa and residential development.

Tobago Land for Sale

The estate land is set along a dramatic coastline with many captivating inlets and coves offering secluded retreats.

 



 

 

 

This beachfront development includes two spectacular, quiet, secluded and essentially private beaches, with access only through estate lands.

Tobago Land for Sale

Tobago Land for Sale

A large coral reef lies offshore, offering snorkelling and scuba opportunities, whilst nature trails run throughout the estate lands, offering a wide diversity of trees, flowers and bird life.

Tobago Land for Sale

Tobago Land for Sale

The estate is ideal for a high-end development, with full planning permission for a hotel development including hotel complex, spa and 50 luxury villas.

 

 

 

 



Tobago is subject to strict laws regarding the sale of real estate to foreigners.  In the past month certain areas amounting to only 0.05% of the land area of Tobago have been listed as available for sale to foreigners. This estate is one of the six listed.

Tobago Land for Sale

Tobago Land for Sale

Architectural work is advanced, with some preliminary work started on the infrastructure for the development.

 



 

 

Tobago has good infrastructure and many international flights.  The island is in need of high quality rooms to satisfy airline and customer demands and meets all the requirements for a green, sustainable, tourist destination.

Tobago Land for Sale

Tobago Land for Sale


148 acres of beachfront land, with two stunning secluded and sheltered beaches which essentially offer private bathing. This attractive development, which has been approved for purchase by foreign nationals, is located only 30 minutes from the airport and has been granted full planning permission for a hotel, spa and residential development of 50 luxury villas.



For further information on this property click on the Contact Us buttons at the top or bottom of this page.


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Tobago Buying Information

IMPORTANT : Foreign nationals are required to apply for a licence to purchase property in Tobago.  Certain areas have been named as Designated Development Areas where licences are freely granted.  These areas are :- Arnos Vale and Culloden; Bacolet Estate; Buccoo and Golden Grove Estate; Lowlands and Diamond Estate; Mt. Irvine and Grafton Estate.  In other areas an application will need to be made to purchase property, which will be assessed on a case-by-case basis.

Trinidad and Tobago nationals are permitted to buy property freely.

Deposit : On signing the Sales Agreement, the buyer pays a 10% deposit.

Closing Costs : The closing costs in Tobago include legal fees, stamp duty and fire insurance in the case of a house purchase.

Stamp Duty : Stamp duty is payable on a sliding scale from 2% to 10% of the property value, and legal fees are typically between 1.5% to 2% of property value.

For further details, click on the buttons on this page for about Tobago or Tobago Info.

 

 

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Last Updated On 18 Nov 2017