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Property Details:

Property ID: 19981947

Price: £12,275,731

Property Location: Trinidad and Tobago, Ward of Tobago, Anse Fourmi

Investment Type: Property Investment

Type of Property:

  • Development Land
  • Development Land

Spectacular 300 acres piece of beachfront land with outline planning permission. Located on the Caribbean side of Tobago, offered either for straight sale or joint venture development of resort / holiday residences by investor partners.

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L’Anse Fourmi Estate

Description

OPPORTUNITY         

Spectacular 300-acre piece of undeveloped Caribbean beachfront land, suitable for an eco-resort development.

LAND DESCRIPTION

Located on the Northern Caribbean Coast in an area that is rich in wildlife and vegetation. Forested hillsides with over 3 miles of coast, including a 400mm main beach. Excellent road access, with the main international airport only 1 ¼ hours away. Easy connection to electricity, fibre optics and fresh water services. Extensive flat land suitable for building.

PLANNING STATUS

Outline permission granted for change of use to from agricultural to holiday resort and villa development. Low density proposal for a total of 23 high end units. Higher density approvals applied for and granted subject to Certificate of Environmental Clearance, which would result in a total of 72 x 1, 2 and 3 bedroom cottages and villas. Target market is high net worth Trinidadian customers, or international holiday home owners.

OWNERSHIP BACKGROUND

Current owner is a local company, with title deeds available.

DEAL INFORMATION

Owners would prefer a straight sale of the land, but would also consider a JV development with the right partners.

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