Share in a premium hotel complex in the south of the island
$270,000+
Grenada Citizenship
$270,000+8+ monthsThe property is approved by the Grenada Government for the citizenship by investment program.
Learn moreCost
Property cost
$270,000+
Distances
Yield and management
Yield
2-3%
Property management
Yes
Description
The project is located in the south of the island of Grenada in St. George, represented by a hotel complex that has a panoramic view of the two best beaches in Grenada and is located a few steps away from them. The cost of the share is $220,000, which includes:
- share in a condominium depending on the size of the apartment
- a share in the common elements served by the hotel (footpaths, stairs, swimming pool)
The owner of the share receives rental income: when buying a share, the owner must include it in the mandatory rental program. When the hotel opens, investors will be paid a portion of the net rental income in proportion to the shares they own, however, from the date of purchase, the owners will receive a minimum guaranteed annual return of 2% for the first 5 years. The investor is also entitled to 14 free nights of accommodation per year. The hotel complex, consisting of modern premium rooms, occupies a spacious area on a hill with lush tropical gardens. The hotel and villas are ideal for guests looking for luxury in a tranquil setting.
The services provided by the hotel will include gourmet cuisine, swimming pool, conference room, laundry service, gym, high-speed Wi-Fi, concierge service, airport transfer. The project will be implemented in two stages. The first stage is the reconstruction and creation of a luxury boutique hotel with 39 rooms with a conference room, a swimming pool, a terrace, administrative offices, a restaurant, a pantry and a laundry. The second stage is the construction of modern villas with a spacious open plan overlooking the Grand Anse and the Caribbean Sea.
Real estate
Object type
Hotel complex, Share
Object category
Reconstruction
Object stage
Ready
Permits
Yes
Design features
Share
Possibility of stay
14 дней в году
Characteristics
Number of storeys
2
Land area
Open
Parking
Yes
View
Ocean
Equipment
Properties
Location
St. George's: Similar offers
Grenada: best offers
Other offers
Let's discuss the details
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