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 Price : US$ 850,000 Type : Home - House REF : TOB0007 

Tobago : Black Rock


 

 

 

A newly constructed beach front villa, with a private swimming pool and great views over the sea, located at Black Rock, Southwest Tobago.




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The property, which is set within grounds of 7,000 square feet, is being sold freehold and fully furnished.Tobago Real Estate

 

The villa has 4 bedrooms with bath ensuite, two on the ground floor and two on the first floor.


On the first floor is an air conditioned gazebo-style lounge, while the ground floor consists of a utility room and a spacious kitchen, living / dining room.

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The villa has been attractively completed with tiled and hardwood floors. 


The rooms are cooled by air conditioning and ceiling fans.

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There is a security alarm system and the villa has both cable TV and satellite.

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Photo of the Upper Lounge Area.

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Externally there is a beautiful verandah which overlooks the swimming pool and provides an area for outside dining, whilst admiring the sea view.


The villa has lovely sea views and is near the golf course, tennis courts, restaurants and shopping areas.

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Photo showing the beach in front of the property, which is sandy with a small rocky ledge. A good swimming spot with sandy bottom is just a short way down the beach.

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Potential Uses
The villa could easily be rented and since it is newly constructed should be easy to maintain.


Typical rentals for vaction use would be in the order of US$2,600 to $2,800 per week.



It would therefore make an excellent investment property.

Tobago Real Estate


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 21 Nov 2017