Cove, Cove Estate, Columbus Point TL518 TT$6,500,000
Cove Estate lies between Friendship Estate to the west and Tobago Plantations with the Magdalena Hotel and golf course resort on its eastern boundary. Cove Estate was once a coconut plantation but most of it is cleared now and functions today as two separate development areas : a business park and power station in the north east quadrant closest to the Highway, and a mixed residential / tourism sector in the south west with coastal frontage and view towards Trinidad. This is the site of the Canoe Bay resort, but other large parcels have been given approvals for hotel or residential development. This parcel which is Lot 4E2 is a little over 5 acres of completely flat, coral-based land covered with littoral forest and totally developable within construction setbacks. The parcel is approximately 650 ft (200m) wide and its depth or ocean frontage is 320 ft (97.5m) wide. The coastline runs north/south and faces due west across Canoe Bay towards Crown Point and the setting sun, with a southerly view of Trinidad’s Northern Range. Outline approval has been given for hotel/residential development, conditioned on the provision of full infrastructure since there is none in place at this time and the access road is a cleared track. Development will require a paved road access with drainage, and bringing utilities from the residential sector nearby.
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