Share and apartments in a full ownership in a residential complex near the university

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Grenada, St. George's
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37 m² — 86 m²
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1—2 Bedrooms
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1 Baths
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ID GRD53049

from $370,000

37 m² • from $5,755.81 m²
Elena Kozyrevaexpert of the Grenada residence permit program for investment
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Grenada Citizenship

$150,0006+ months

Property is approved by the government for participation in the program and obtaining Grenada citizenship.

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Cost

Property cost

$370,000 — $495,000

Price for m²

$5,755.81 — $10,000

Distances

Ocean 300 m
Infrastructure 200 m
Airport 4 km

Yield and management

Yield

3%

Property management

Yes

We will help you sell the object if you decide to exit 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.
It is possible to live permanently in the apartment but without return.

Real estate

Object type

Apartments

Object category

New

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

37 m² — 86 m²

Number of storeys

6

Bedrooms

1—2

Baths

1

Parking

Yes

Renovation

Standard

Furniture

Furnished

View

City, Plot

Equipment

Split system conditioning

Properties

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

Location