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 Price : US$ 265,000 Type : Home - House REF : TOB0010 
Tobago : Bacolet

 

SOLD



General Description




This is an attractive 2-story house on approx. 11,215 sq. ft. of variably sloping leasehold land with a great sea view in a good residential neighbourhood at Bacolet Gardens, southeast Tobago.

Tobago Real Estate

The house was built in 1997 and is being sold leasehold with a 199 year lease.



A large airy living room has views over the sea and has a veranda and adjoining powder room.

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The main residence consists of 3 bedrooms, 2 1/2 bathrooms, a large kitchen, living / dining area, and verandahs on 2 floors.
                                        The large master bedroom (photo opposite) has a bathroom ensuite, walk-in closet and veranda.

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This bedroom is also very spaceous and has a verandah.

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Another very spacious bedroom faces east and enjoys a cool breeze.

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There is a large Kitchen with tiled floor.



The house in conveniently located for the beach, restaurants, supermarket and shopping etc.
 

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There is also a basement level that has 2 x one bedroom apartments, plus sufficient additional space to construct an additional apartment. 


These apartments could be used as vacation rental units.


 

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The trees need to be pruned, to reveal the beautiful sea view into Bacolet Bay.



The house needs some finishing and the garden could do with landscaping.
However, the property is priced accordingly and therefore definitely worth consideration.

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 25 Apr 2018