Development site. Monas Island


Price

$5,250,000(USD) 

Meet the Agent:

Mark Edghill

Agency: Key West Real Estate
Phone: (868) 678-9715

A Member of an FIU Registered Agency

Property Details


Property ID:
BOK-902765

Location:
Monos Island 

Sq. Footage: 62345sq.ft.


ElectricityLeasehold LandT&C ApprovedWater TankWater PumpWater Heater

Find More In: For Sale Land Monos Island 


About this Property


A Rare Investment Opportunity
Located in Trinidad & Tobago’s Most Historic Island Retreat, this exceptional waterfront estate presents
buyers with substantial financial advantages—including the added benefit of minimal stamp duties on transfer
as the property is vested in a company.
Approved for resort residential development, the property qualifies for a range of tax incentives under the
Ministry of Tourism Act, covering concessions on vehicles, marine vessels, fixtures, fittings, and appliances—
making this not just an ideal lifestyle investment but a strategic financial one.
Securely held under a government lease valid through 2064, all terms and conditions are clearly defined in
the official deed documentation, offering long-term stability and peace of mind to prospective developers or
residents.
The Chaguaramas Development Authority (CDA) has provided an official letter confirming “appropriate
docking facilities”—ensuring the property is fully equipped to support large private vessels and resort
associated commercial activity

Award-winning conceptual designs for the property have already earned two international accolades as early
as 2010, underscoring the vision and potential that this site holds.
Rich in heritage and history, this property is reputed to be the first developed site in the Down the Islands
(D.D.I.) chain, with a legacy woven into the maritime lore of Trinidad.
Uniquely positioned at the meeting point of two distinct water bodies in the First Boca, the Gulf of Paria, and
the Caribbean Sea and also at the entrance point of the iconic Collins Bay (celebrated as one of the most
sheltered natural bays in the Caribbean)—this location is unmatched in natural beauty and maritime
advantage.
Key Features:
 62,345 SqFt Leasehold Land
 Lease Valid through 2064
 All Approvals in hand (see below)
 Tourism Tax Incentives and Concessions
 Award Winning Design Plans (included)
 Existing Usable Infrastructure Valued in excess of USD$2.2M (included)
Key Advantages:
All Governmental and Planning Approvals are in place, including:
 Town & Country Planning Division
 Diego Martin Regional Corporation
 Chaguaramas Development Authority (CDA)
ASKING PRICE: TTD$39.5M
USD$5.25M

About the Region


Monos Island
Monos Island is an island in the Republic of Trinidad and Tobago. It is one of the "Bocas Islands", which lie in the Bocas del Dragón (Dragons' Mouth) between Trinidad and Venezuela. It is so named as the island was once home to noisy red howler monkeys ("monos" being the Spanish term for monkeys). It has an estimated area of 458 hectares (4.58 square kilometers).

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