Share in a complex of luxury villas, St.Georges, Grenada
$280,000+


Grenada Citizenship
$270,000+8+ monthsThe property is approved by the Grenada Government for the citizenship by investment program.
Learn moreCost
Property cost
$280,000+
Distances
Yield and management
Yield
3-4%
Property management
Yes
Description
This property is located on a picturesque island of Grenada, surrounded by all necessary infrastructure and amenities. This project focuses on sustainable development in harmony with environmental and economic needs. It is a reconstruction and redesign of a former hotel with more than 160 rooms with luxurious conference rooms, banquet halls, several bars, restaurants, a swimming pool and bar on the beach, rooftop terrace, signature spa, finished residential condominiums.
For sale is offered a share in a complex consisting of luxury villas. Careful design, panoramic views of the seascapes, swimming pools and lush tropical vegetation create an atmosphere of comfort and relaxation. The properties have high potential for profitability.
In the absence of the owners, these properties will be professionally managed and maintained. At the end of the five-year period, the owners can decide to keep the property and use it as an income-generating asset or sell it. If they decide to give up the property, they will be assisted in selling the property without affecting their citizenship. At the end of the holding period, applicants will be able to buy out their share from the developer and receive a buyout equal to 50% of the original investment amount.
Ownership of the villa is available with or without citizenship. Share owners will have the right to one week (7 nights) of accommodation per year in any of the operating properties of the management company during the 5-year period. During ownership, you can live in the villa for 5 weeks.
Advantages of the project:
- sea view
- developed infrastructure
- near the famous beach
Real estate
Object type
Object category
New
Object stage
Design
Permits
Yes
Object completion date
April 2028
Design features
Share
Characteristics
Number of storeys
2
Parking
No
Renovation
Standard
Furniture
Partially furnished
View
Sea, Garden, Plot, Pool, Road
Equipment
Properties
Location
Grenada: best offers
Other offers
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