Royal Palm resort lots for sale in Tobago


Price

$6,500,000 

Meet the Agent:

Jennifer Abraham

Agency: House Hunters
Phone: (868) 687-5615

A Member of an FIU Registered Agency

Property Details


Property ID:
BOK-142663

Location:
Northside Road, Castara 

Sq. Footage: 43560sq.ft.


Gated Community

Find More In: For Sale Land Castara 

This Property is a favourite of: 21 User(s).

About this Property


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.

About the Region


Castara
Castara is a seaside village on the leeward coast of the island of Tobago. It is known as a residential area and villagers as very friendly. Castara is much visited by tourists and locals who venture here to enjoy the accommodations offered by the Inns, Villas and restaurants. The beautiful Castara water fall and bay offers captivating sceneries and a wonderful place to relax and enjoy the day.

View More Castara Listings

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