DescriptionThe characteristics of the islands of Trinidad and Tobago are in stark contrast to each other, but equally compliment each other by providing a strong economy and promising tourist industry.Trinidads wealth of natural resources has generated huge investment in the island and has seen the countrys economy rapidly grow and the GDP double since 2001. Trinidad is now the worlds largest supplier of ammonia and methanol and the 5th largest supplier of Liquified Natural Gas (LNG) supplying 70% of the USAs LNG requirement. Its energy sector is making the country one of the wealthiest in the Caribbean.The Renaissance will have a the highest standards of design, facilities and services that will surpass any development currently in Trinidad and should therefore be in strong demand by the executives working for the ever expanding oil and gas companies arriving in the area.LocationConveniently located 15 minutes from downtown Port of Spain, 20 mins from Trinidads championship golf course and very close to schools, places of worship, supermarkets, pharmacies and shopping centres, the Renaissance at Shorelands will be the most desirable address in Trinidad. All residences have spectacular panoramic views of the ocean and mountains.PropertiesThe Renaissance at Shorelands will be a superb ensemble of contemporary living spaces, incorporating every luxury you could desire in a standard that will far exceed any other development in Trinidad.Located on the Ocean front each remarkably spacious residence will have panoramic views of the ocean and mountains. Each residence will offer the highest standards of fixtures and fittings, large terrace areas and luxurious en-suite bathrooms.Such an exclusive building will be in high demand with the executives in the ever expanding energy sector in Trinidad. The building is already 75% sold and with 85% of these buyers intending to be owner-occupiers. Those few residences that are placed in the rental market will be highly desirable.The developer is anticipating a 6% yield in the 1st year, with rentals increasing around 5-8% annually - equating to a gross income upwards from 60,000 per year!AmenitiesElegant porte-cochereGrand lobbyConcierge & Valet servicesLuxurious infinity edge swimming poolWell appointed gym & wellness centreSocial room with bar and catering24 hour on-site security with CCTV surveillance with Smart Building TechnologyPrivate Marina (phase 2)Payment ScheduleA reservation deposit of 3,000 is required upon siging the reservation agreement. Your unit can be held for 48 hours to facilitate this.35% of the total purchase price is payable upon the signing of the Deed of Lease and Subscription Agreement.65% of the total purchase price is payable upon completion of the building.Additional Information:Tenure: 999 year freehold

• Region: View All "Trinidad Apartments"
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