St. Julians, Malta
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Share in an oceanfront university complex

Grenada, St. George
ID GRD52628
Grenada citizenship by investment
Grenada citizenship: Caribbean passport by investment in real estate
Grenada citizenship by investment
Grenada citizenship: Caribbean passport by investment in real estate
Object sold
Share in an oceanfront university complex
$220,000
Grenada, St. George
1 bed
1 bathroom
ID GRD52628

Cost

Property cost $220,000
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Distances

100m to the ocean
6km to the airport
Infrastructure within a radius 500m

Description

The project is presented by the university complex, which will be built on a 60-hectare site on the ocean in Hartman Bay, the only real estate education project approved by CBI programs. This is a first-class educational real estate complex providing an excellent academic environment and support services for families of international students, tourists and retirees. The project 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 project. The road connecting the project and the city is built.

It is possible to buy 1-bedroom apartment fully furnished with an ocean view, 60 sqm. A variety of amenities are available to residents, including gym, cafe, laundry, office facilities, etc. The developer provides comprehensive property management services such as rental, resale and maintenance.

The following investment options without possibility to live in apartment are offered:

  • $220,000 – fractional ownership

The construction of the complex 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 2022. The possible rental yield of 3,5% is paid after the facility is put into operation.

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Real estate

Object type Share
Object category New house
Object stage Construction
Permits On hand
Construction start date March 2021
Object completion date 2031
Design features Share
Possibility of stay without possibility to live in apartment
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Characteristics

Number of storeys
Floor
Rooms
Bedrooms 1
Baths 1
Parking type
Number of parking spaces
Repair Standard
Furniture Furnished
View mountain, ocean
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Equipment

Properties

Balcony
Сovered deck
Gym
Garden on the plot
Internet
TV

Location

Object sold
$220,000
Zlata Erlach investment
programs expert
Grenada Citizenship

Property is approved by the government for participation in the program and citizenship of Grenada.

Immigrant Invest is a licensed agent of the program.

$150,000 Investment amount
4–6 months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Zlata Erlach Caribbean Investment Program Expert
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Zlata Erlach Head of the Austrian
office, investment
programs expert
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