Renaissance, Trinidad - 4 Bed Penthouses

Extremely spacious residences with large terraces and panoramic views, Renaissance will be the most exclusive address in Trinidad offering luxurious, contemporary living spaces

Project 75% sold and the project is already under construction

Established developer in USA and Caribbean

Up to 75% LTV mortgages available upon completion

Trinidad & Tobago’s GDP increased by 12% in 2006

Trinidad is the largest supplier of LNG to America

Energy Sector grew 20% in 2006 encouraging vast amounts of investment

Description

The 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.

Trinidad’s wealth of natural resources has generated huge investment in the island and has seen the country’s economy rapidly grow and the GDP double since 2001. Trinidad is now the world’s largest supplier of ammonia and methanol and the 5th largest supplier of Liquified Natural Gas (LNG) supplying 70% of the USA’s 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.

Location

Conveniently located 15 minutes from downtown Port of Spain, 20 mins from Trinidad’s 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.

Properties

The 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!

Amenities

Elegant porte-cochere

Grand lobby

Concierge & Valet services

Luxurious infinity edge swimming pool

Well appointed gym & wellness centre

Social room with bar and catering

24 hour on-site security with CCTV surveillance with Smart Building Technology

Private Marina (phase 2)

Payment Schedule

A 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

Features

Extra Features