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Tobago / Real Estate

By James Henderson, Judith Baker

Tobago has always benefited from the wealth of its sister island Trinidad, which unusually for the Caribbean does not rely on tourism exclusively but has flourishing oil, natural gas and petrochemicals industries.

Like many islands in the Caribbean, Tobago has seen a huge change in its real estate over the past few years. While it has always had a ‘Trinidadian’ effect, meaning that there have always been holiday homes there, it has all changed since 1990, when land-holding regulations were loosened up. Now foreigners are permitted to own land and to build.

The result was a huge influx of investment, particularly since the late 1990s, and building has moved on apace. This is in both private villa construction on individual plots and villa developments, which range in size from projects such as Stonehaven Villas to vast multi-site developments like Tobago Plantations Beach and Golf Resort, the first gated resort on the island, which sells oceanfront homes, apartments, and two-bedroom cluster villas, for US$245,000 and up.

The construction is mostly at the western end of the island, the principal ‘tourist’ area, but development is also starting at the eastern and north western end of the island too.

Construction and investment slowed on both islands in recent years following a slump in the economy, but is now set to rise again as confidence returns.   

See below for recommendations and listings of Tobago Real Estate agents.

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Tobago’s weather

Tobago weather chart

When to go and weather

Looking for inspiration?

  1. Visit the oldest protected rainforest in the Western Hemisphere
  2. Head to Buccoo for some Goat Racing and the Sunday School street party
  3. Scuba dive around Speyside and maybe spot a manta ray or whale shark
  4. Try your hand at a day's sport fishing for the whopping Blue Marlin
  5. Learn about Tobago's history at Fort King George, Scarborough

Tobago Events

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