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Share or apartments in full ownership in an oceanfront university complex

Grenada

Investment Costs

Property price$270,000 — $350,000

Distances & Location

Sea 100 m
Infrastructure 500 m
Airport 6 km

Location

Yield & Management

Rental yield3-5%

About This Property

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

the development is presented by the university complex, which will be built on a 60-hectare site on the ocean in Hartman Bay, the only property education project approved by CBI programs. This is a premium educational property complex providing an excellent academic environment and support services for families of international students, tourists and retirees. the development is a university campus with retail and entertainment facilities. It is located 2 km from St. George’s University, which can be reached by the free university shuttle bus. The developer is also negotiating with a US university to open a campus as part of this development. The road connecting the development and the city is built. It is possible to buy 1-bedroom apartment fully furnished with an ocean view, 32 sqm 350 000$. a selection of amenities are available to residents, including gym, cafe, laundry, office facilities, etc. The developer provides comprehensive professional property managements such as rental, resale and maintenance. The following investment options without possibility to live in apartment are offered: $270,000 – fractional ownership The construction of the development consists of four phases of construction (the fourth phase – villas) and will take about 10 years to complete. The start of construction is March 2021. The first phase will be completed in January 2024. The possible rental yield of 3,5% is paid after the facility is put into operation.

Real estate

Object typeApartments,Share
Object categoryNew
Object stageConstruction
PermitsYes
Completion dateJanuary 2024 (1 phase) - 2033

Characteristics

ParkingNo
RenovationStandard
FurnitureFurnished
ViewMountain, Ocean

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