St. Julians, Malta
Dragonara Business Centre, Office 506, Dragonara Road,
Paceville, St Julian’s, STJ 3141 Malta
+356 (277) 811-04
Vienna, Austria
Doblhoffgasse 9, 1010
+43 (650) 540-49-79
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Studio and apartments in a residential complex near the university

Grenada, St. George
ID GRD53049
Object sold
Studio and apartments in a residential complex near the university
from $350,000

from 37 m² • from $5,756 m²

Grenada, St. George
from 37 m²
1–2 beds
1 bathroom
ID GRD53049

Cost

Property cost $350,000 – $495,000
Price for m2 $5,756 – $9,459
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Distances

300m to the ocean
4km to the airport
Infrastructure within a radius 200m

Description

The six-storey modern design building boasts an enviable location in the heart of Grenada’s most popular residential real estate area, known for its property prices and the highest rental income rates on the island.

The residence is only 5 minutes drive from Maurice Bishop International Airport and Grenada’s famous beaches, as well as within walking distance from city infrastructure and most importantly, right in front of the entrance to St. George’s University. The location makes it the preferred choice for university students. To date, the property operates full-time, with the majority of its tenants being St. George’s University students. Thus, this business model is not related to the performance of the travel and tourism industry, but to the work of the university.

The residence has studios, 1 and 2 bedroom well furnished apartments with private balconies and stunning city views.

Facilities:

  • Individual patio
  • Intercom
  • Washing machine
  • High speed internet service
  • Smart LED TVs
  • Air conditioning
  • Key card
  • Prepaid electricity bill
  • Digital headboards with electronic consoles

The residential complex also has the following services:

  • Fitness club
  • Mediterranean restaurant
  • Fantastic sky lounge and rooftop bar
  • Modern conference room
  • Student lounge
  • Safe
  • Limited parking
  • Illuminated garden with barbecue grill
  • 24 hour security

All investors will receive a guaranteed return of 3% per annum for their investment in a studio, one-room or two-room apartment. This percentage refers to the total amount payable to the investor as all operating and owner expenses will be covered by the company.

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Real estate

Object type Apartments, Villa
Object category New house
Object stage Ready
Permits On hand
Year of construction 2019
Design features Ownership
Possibility of stay 1 week per year
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Characteristics

Total area 37 m² – 86 m²
Number of storeys 6
Floor 1, 2, 3, 4
Rooms
Bedrooms 1–2
Baths 1
Parking Yes
Parking type
Number of parking spaces
Repair Standard
Furniture Furnished
View city, plot
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Equipment

Split system conditioning

Properties

Elevator
Balcony
Pantry
Gym
Barbecue area
Garden on the plot
Security
Terrace
Internet
TV

Location

Object sold
from $350,000

from 37 m² • from $5,756 m²

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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