Apartments in a residential complex by the ocean
Grenada, Morne Rouge
from $290,000
35 m² • from $6,064.52 m²
Elena Kozyrevaexpert of the Grenada residence permit program for investment
Grenada Citizenship
$150,0006+ monthsProperty is approved by the government for participation in the program and obtaining Grenada citizenship.
Learn moreCost
Property cost
$290,000 — $564,000
Price for m²
$6,064.52 — $8,285.71
Distances
Ocean 50 m
Infrastructure 500 m
Airport 6 km
Yield and management
Yield
3-5%
Property management
Yes
We will help you sell the object if you decide to exit the investment
Description
The project is represented by a newly built condominium on the seafront, which includes 21 fully furnished apartments. The complex is located just a few steps from Morne Rouge Bay.All apartments are fully furnished and have a panoramic terrace or patio with stunning views of Morne Rouge Bay. The units represent a full ownership option, the buyer has to pay a monthly condominium fee which is used to maintain the common parts of the complex and varies depending on the size of the unit. The developer offers comprehensive management services on behalf of the owners with a stable 100% occupancy 12 months a year, including waiting lists for the year, resulting in a gross annual return on investment that ranges from 3% and 5% depending on the cost of renting an apartment. All apartments are rented for long-term, starting from a minimum rental period of 6 months.Available:
- Studio 93 sq.m. $564,000 (sea view)
- Studio 35 sq.m. $290,000
Real estate
Object type
Object category
New
Object stage
Ready
Permits
Yes
Design features
Ownership
Characteristics
Total area
35 m² — 93 m²
Bedrooms
1
Baths
1
Parking
Yes
View
Ocean
Properties
Covered deck
Garden on the plot
Internet
TV
