Featured For Sale
Diamond Estates Tobago
11°10'14.7"N 60°46'09.5"W
  • US$28,250,000

Overview

Property ID: MWL-344
  • Land, Lot
  • Property Type

Description

AN INVESTOR’S DREAM INVESTMENT AWAITS!

Tobago! Tobago! Tobago!

Tobago is the smaller of the two Caribbean islands which we all know as Trinidad & Tobago. It’s well loved for its sandy beaches, famous for its million-dollar sea and forest views and undoubtedly a haven for tourists the world over, many of whom have built or purchased their retirement homes there.

Miles Wide Luxury is therefore pleased that premier developer Diamond Estate has invited us to offer for sale, one of Tobago’s pristine beachfront properties.

SIXTY-SEVEN (67) ACRES of inviting, prime beachfront have already been approved for resort development.  Diamond Estate has placed two amazing options on the table: the entire 350-acre-lot for which the price can be requested and which includes the beachfront option, or an investment in the 67-acre-option mentioned above, for USD$28.25 million!

The enticing location of this parcel of land is significant in the future development of Tobago: it’s only three (3) kilometres from the Capital Scarborough, is intersected by key road infrastructure serving the majority of the population and only six (6) kilometres from the airport (by the way, a new airport is scheduled to be completed before the last quarter of 2025).

It is strategically located between Crown Point and Scarborough with access to major arterial roads (Claude Noel Highway, Milford Road, and Auchenskeoch/Buccoo Bay road), commands an unobstructed view of the Atlantic Ocean, is close to Lowlands Mall, Tobago Plantation Golf Course and Magdalena Resort.

You’ll also discover a natural mangrove area on the northeastern boundary, which forms part of the required green-space allotment. Electricity, water and internet are already onsite and of note is that this land is located in one of the six zones permitted for foreign investment.

This Tobago investment has immeasurable long-term value and presents with several land use options: 

– Hotel Resort

– Inland Marina & Resort

– Part Commercial/Part Retail

– Upscale Residential

* Approved for Resort, Residential, Commercial/ Retail

 

Contact us by email for more details on this magnificent offer.

  • Address Diamond Estate, Lambeau, Tobago
  • Country Tobago

Details

Updated on October 3, 2024 at 3:54 pm
  • Property ID: MWL-344
  • Price: US$28,250,000
  • Land Area: 2,918,520
  • Property Type: Land, Lot
  • Property Status: For Sale

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