Real estate in Grenada

19 properties
Apartments in a residential complex by the ocean 1
Grenada, Morne Rouge
$270,000 — $564,000Apartments in a residential complex by the ocean
square icon35 m² — 93 m²
bed icon1
bathroom icon1
Share in a modern SPA complex resort 1
Grenada, Saint Davids
$270,000+Share in a modern SPA complex resort
Share or apartments in full ownership in an oceanfront university complex 1
Grenada, St. George's
$270,000 — $350,000Share or apartments in full ownership in an oceanfront university complex
bed icon1
bathroom icon1
Share and apartments in a full ownership in a residential complex near the university 1
Grenada, St. George's
$370,000 — $495,000Share and apartments in a full ownership in a residential complex near the university
square icon37 m² — 86 m²
bed icon1—2
bathroom icon1
Share in a new resort complex managed by the Intercontinental group 1
Grenada, Saint Davids
$270,000+Share in a new resort complex managed by the Intercontinental group
House with an additional plot on the first coastline 1
Grenada, Saint Davids
$675,000+House with an additional plot on the first coastline
square icon205 m²
bed icon3
bathroom icon2
Duplex house on the first coastline 1
Grenada, St. George's
$850,000+Duplex house on the first coastline
square icon167 m²
bed icon2
bathroom icon2
Three bedroom house steps away from the ocean 1
Grenada, St. George's
$780,000+Three bedroom house steps away from the ocean
square icon279 m²
bed icon3
bathroom icon3
Duplex ocean view house on Carriacou island 1
Grenada, Morne Rouge
$169,000+Duplex ocean view house on Carriacou island
square icon158 m²
bed icon3
bathroom icon2
Two-bedroom house within walking distance of the ocean 1
Grenada, Saint Davids
$136,000+Two-bedroom house within walking distance of the ocean
square icon184 m²
bed icon2
bathroom icon1
Resort complex on the southeast coast of Grenada 1
Grenada, St. George's
$2,500,000+Resort complex on the southeast coast of Grenada
square icon16,187 m²
Hotel complex on the south coast of Grenada 1
Grenada, St. George's
$6,000,000+Hotel complex on the south coast of Grenada
square icon929 m²
bed icon1—2
Villa on the beach in the resort 1
Grenada, Morne Rouge
$7,500,000 — $11,999,997Villa on the beach in the resort
square icon472 m² — 632 m²
bed icon3—4
bathroom icon3—4
House with panoramic ocean views near the beach 1
Grenada, Saint Davids
$899,000+House with panoramic ocean views near the beach
square icon416 m²
bed icon4
bathroom icon4
Luxury apartments on the south coast of Grenada 1
Grenada, St. George's
$750,000 — $850,000Luxury apartments on the south coast of Grenada
square icon135 m²
bed icon2
bathroom icon2
Fraction or full ownership in cottage village 1
Grenada, Saint Davids
$270,000 — $350,000Fraction or full ownership in cottage village
bed icon2
bathroom icon1
Plot on coast of island 1
Grenada, Island Carriacou
$680,000+Plot on coast of island
square icon11,695 m²
Turnkey villa with berth 1
Grenada, Сент-Джорджес
$2,500,000+Turnkey villa with berth
square icon302 m²
bed icon3
bathroom icon3
Modern villa, Oceanview in hotel complex 1
Grenada, St. George's
$2,000,000+Modern villa, Oceanview in hotel complex
square icon279 m²
bed icon3
bathroom icon3

Buyer's guide

  • Who can buy a property in Grenada

    Grenada allows citizens, residents and foreigners to buy any property in the country. However, foreigners must obtain a special licence to own land. The cost of the licence is 10% of the land plot price.

    Foreigners participating in the Grenada Citizenship program are exempt from purchasing a Land Holding Licence.

  • Property prices by region in Grenada

    Grenada’s real estate market is stimulated by the Citizenship by Investment program. The government does not publish real estate price statistics. But a cost analysis of the island real estate allows us to conclude that prices per 1 m² of housing start at $1,000.

    The cost per 1 m² of modern comfortable real estate starts from $2,500 and grows by 4% per year on average. The most expensive properties are located in the capital of St Georges, as well as in the resorts of Guyave, Grenville, and St Davis. Prices for seafront and oceanfront villas reach millions of dollars.

  • Property purchase procedure in Grenada

    Property in Grenada can be chosen remotely. After that, the buyer enters a preliminary purchase and sale agreement with the seller and deposits 10% of the property value. The deposit is usually kept in an escrow account.

    Foreigners who are not a part of the Grenada Citizenship program receive a special Land Holding Licence. The parties then sign the main purchase and sale contract and pay the associated taxes and fees. The certificate of ownership is issued by the state registry of the country.

  • Property purchase taxes in Grenada

    The buyer of the property pays a 15% transfer tax. Foreigners acquire a Land Holding Licence — 10% of the land plot price. Participants in the citizenship program are exempt from paying taxes and purchasing a licence.

    Buyers also pay legal fees ranging from 1% to 2% of the transaction price.

    Read the article

  • Grenada citizenship by purchasing real estate

    Foreigners can obtain Grenada citizenship by investing in real estate. But there is a condition: buy only government-approved properties. These are mostly hotel complexes.

    The minimum real estate investment is $270,000. Investors can buy a share or an entire property, depending on the project. The property must be held for at least 5 years.

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Guide to obtaining Grenada citizenship

  • Step-by-step procedure

  • Requirements for applicants

  • Required documents

  • Answers to frequently asked questions

Property types in Grenada

Studios, apartments, villas, and townhouses are listed for purchase. Investors can also buy shares in hotel complexes, premises for offices and shops, land plots, and marinas. Available properties and real estate projects depend on the selected country and the terms of the investment citizenship or residency program.

Real estate investment in Grenada

By investing in Grenada’s real estate, you can obtain Caribbean nationality. Eligible property is regulated by the Citizenship by Investment program. Properties include commercial and residential real estate. The minimum investment is $270,000.

Real estate projects qualifying for citizenship must be approved by the Grenada Government. Those projects include high-end resorts, villas, and apartments in luxury hotel complexes, prime residential complexes, and cottages.

Investors purchase a share in an eligible property for at least $270,000. In this case, joint investments to a tourism project must equal at least $440,000. In other cases, the minimum investment is $350,000.

Those who acquired Grenada citizenship can sell their investment property in 5 years.

Investment property in Grenada generates a profit of 2%—5% a year. The high yield is due to the high demand from Caribbean tourists. Students of the renowned St George’s University frequently rent studios and apartments near the campus — one of the high-end projects, approved for investment by the government, is located near the school.

If you’re seeking to invest in real estate and obtain Grenada citizenship, Immigrant Invest provides government-approved projects eligible for the Citizenship by Investment programme. We offer remote viewings of suitable properties and assist with escrow and purchase during your citizenship application. Our expertise is also available for reselling your investment after five years.

Immigrant Invest is a licensed agent for state citizenship and residency programs in the Europe Union and the Caribbean.