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Royal Palm resort lots for sale in Tobago

TTD 6,500,000
Published: 05-12-2019
Residential Use in For Sale
Royal Palm Estates, Northside Road, Castara, Tobago East, Tobago
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The land sited for the development, approximately 49.23 acres, is situated in Castara, on the North West Coast of Tobago.
Castara Bay is a 25 minute drive from the capital Scarborough and 40 minute drive from the ANR Robinson International Airport (TAB) at crown point, Tobago. The development also backs into the oldest protected rainforest in the Western hemisphere (where guides can call down rare and exotic birds from the canopies).
This project will be the only high end development in Castara Bay. There is a cool sea breeze, crystal clear waters, a friendly and vibrant village lifestyle, fishing, snorkelling and scuba diving around the coral reefs, swim with the manta rays or just enjoy relaxing on the main beach, or on the development’s own private beach.
Very limited land available, valued at $150 tt or $23 USD per square foot, lots 1 to 5 acre approved for building.
Choose between natural stone, bamboo or timber tree apartments & villas. Their development team can work with you on your design with our architect, engineer and builder. Currently the civil works are underway with the approved roads by the government. Average occupancy is around 40% for hotels and guests houses at www.visittobago.gov.tt , Castara Beach is on average 55% due to the popularity of the area.
Note: Currently they are upgrading the existing 4 apartments and 2 villas, which currently take bookings, at an accommodation rate of between $79 to $250 USD per night.

  • Address
    Address: Royal Palm Estates, Northside Road
    Area: Castara
    Region: Tobago East
    State/County: Tobago
    Country: Trinidad and Tobago
  • Details
    Property Id: 30790
    Price: TTD 6,500,000
    Property Lot Size: 43560.00 ft2
  • Features
    • Ocean view
    • Gated

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