Beach front (Approved Resort) Land for Sale in Black Rock Tobago-Investor’s Dream


Price

$1,185,000(USD) 

Property Details


Property ID:
BOK-1013719

Location:
Courland Bush , Black Rock 

Sq. Footage: 35000sq.ft.


Freehold LandT&C Approved

Find More In: Land Black Rock 

This Property is a favourite of: 2 User(s).

About this Property


Land for Sale
📍Courland Bush, Black Rock Tobago
Freehold (35000 sq ft).
Town and Country approval for 3 storey resort.
Ideal for investors locally or abroad.
Listed at $1,185,000.00 USD. Seller will accept Euros, CAD or GBP.
Note for Investors:
This land is preapproved by Town and Country for a Tri-level resort style building with at least 21 rooms making this a very attractive investment.
Investing in beachfront land in Black Rock Tobago is a solid move for several reasons.
Firstly, Tobago’s tourism sector is well-established, and beachfront properties are in high demand, making this property a great option for vacation rentals or wellness retreats.
Plus, the Island’s natural beauty, with its white sand beaches and crystal-clear waters is major attraction for tourists and locals alike.
Black Rock, in particular, is a sought-after area, known for its luxury villas, hotels and stunning sunsets.
Black Rock is close to several beaches such as Back Bay, Buccoo Beach and Mt. Irvine Beach making this the ideal location for investors seeking to purchase a place of tranquility and serene island lifestyle..
A  3 storey building with 21 rooms in Black Rock Tobago is a prime investment. With rental potential you can generate significant income from:
*Short term rentals- Listing on Airbnb for toursits and business travelers.
*Long term rentals- Lease to expats, locals or digital nomads looking for a tranquil island lifestyle.
*Event hosting- utilize the space for weddings, retreats or corporate events, leveraging Tobago’s natural beauty.
Considering the location of this property, you might be looking at;
Gross rental yields- 5-8 % per annum, depending on occupancy and management. (based on market research)
Capital appreciation- Potential increase in property value over time driven by Tobago’s growing tourism sector.
This property is listed below valuation price as an incentive to potential buyers.
Serious inquiries only
Please call 📞 (868) 755-5748 for more details.

About the Region


Black Rock
Black Rock is a popular tourist destination and is located along the Shivran Road Tobago. There are luxurious villas to stay and enjoy the beauty that Black Rock has to offer. Located along the Stonehaven Bay, many locals and tourists visit here to enjoy the white sandy beaches and the captivating scenery. Black Rock is a residential area and most locals are very friendly and polite. Fort Bennett is a ruins in Tobago. Fort Bennett is situated in Black Rock, close to Hawk’s Bill, another tourist destination.

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