Studio and apartments in a residential complex near the university

Studio and apartments in a residential complex near the university
Grenada, St. George
ID – GRD53049
Price
from 350 000 $
Size
from 37 m²
Beds
1-2
Bathrooms
1

Price

Selling price 350 000 $ - 455 000 $
Cost m² 5 291 $ - 9 459 $

300m

to the ocean

4km

to the airport

200m

infrastructure

Profitability and management

Real estate yield (year) 3%
Property management Yes

Assistance in the sale of the object upon exiting the investment!

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.

The property

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

Characteristics

Total area 37 m² - 86 m²
Number of storeys 6
Floor 1, 2, 3, 4
Bedrooms 1-2
Baths 1
Parking Yes
Repair Standard
Furniture Furnished
View city, plot

Equipment

Conditioning Split system

Properties

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

9km

Hospital

3km

School

500m

University

Location

Grenada, St. George

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Svetlana
Gorchakova

Sales Director