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Share in a gated development of luxury villas, St.Georges, Grenada

Grenada

Investment Costs

Property price$280,000+

Distances & Location

Sea 100 m
Infrastructure 100 m
Airport 5.7 km

Location

Yield & Management

Rental yield3-4%

About This Property

This property qualifies for the Grenada Citizenship by Investment programme. Caribbean citizenship via real estate investment.

This residence is positioned on a attractive island of Grenada, surrounded by all essential amenities and services and amenities. this development focuses on sustainable development in harmony with environmental and economic needs. It is a reconstruction and redesign of a former hotel with more than 160 rooms with luxurious conference rooms, banquet halls, several bars, restaurants, a swimming pool and bar on the beach, rooftop terrace, signature spa, finished residential condominiums. available for purchase is offered a share in a complex consisting of luxury villas. Careful design, panoramic views of the seascapes, swimming pools and lush tropical vegetation provide an sense of comfort and relaxation. The properties have high potential for profitability. In the absence of the owners, these properties will be professionally managed and maintained. At the end of the five-year period, the owners can decide to keep the property and use it as an income-generating asset or sell it. If they decide to give up the property, they will be assisted in selling the property without affecting their citizenship. At the end of the holding period, applicants will be able to buy out their share directly from the developer and receive a buyout equal to 50% of the original investment amount. Ownership of the villa is available with or without citizenship. Share owners will have the right to one week (7 nights) of accommodation per year in any of the operating properties of the management company during the 5-year period. During ownership, you can live in the villa for 5 weeks. Advantages of the development: sea view developed infrastructure near the famous beach

Real estate

Object typeVilla
Object categoryNew
Object stageDesign
PermitsYes
Completion dateApril 2028

Characteristics

Number of storeys2
ParkingNo
RenovationStandard
FurniturePartially furnished
ViewSea, Garden, Plot, Pool, Road

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