Two proposals, but no bids to buy Sanctuary Villas
Business
Finance
Politics
August 12, 2026
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The Tobago House of Assembly (THA) has received no bids for the purchase of Sanctuary Villas in Black Rock.
In March, the Eco-Industrial Development Company of Tobago (E-IDCOT) invited expressions of interest for the sale of the sprawling but derelict property. Investors were also given options to pursue a lease, public-private partnership, joint venture or special-purpose vehicle arrangement.
Guardian Media sent questions to E-IDCOT about the status of the property, but the company declined to respond.
Business
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