Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa
Frangipani Villa

Frangipani Villa Carriacou, Carriacou, Grenada

SOLD
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Property Details

Property Details

  • SOLD
  • 5 Bedrooms
  • 5 Bathrooms
  • 0.433 Acres
  • 4200 Sq Ft
  • Private Pool
  • Close to 2 Beaches
  • Ideal Investment Opportunity
  • Sleeps up to 10
  • Stunning Ocean Views
  • Garden
  • Online Viewing By Request
  • Parking

Frangipani Villa Carriacou

Lot size: 18,900 sq ft Villa size: 4,240 sq ft Fully Furnished

Carriacou's Premier Rental Villa

This delightful villa has 5 refurbished, double bedrooms enjoying high quality bed linens, tilework and custom furnishings. There are 3 bedrooms in the main villa and 2 lower self contained apartments, ideal for vacation rental properties.The interior reflects the styling and quality of a contemporary boutique hotel. The master bedroom has a 4 poster bed and private bathroom, the 4 other double bedrooms have en suite facilities.

  • Complete Renovation/Remodelling
  • Gourmet Kitchen & Top of the Line Appliances
  • Cable Television/Entertainment Nook
  • High Speed Wireless Internet Access
  • Granite countertops & Vessel Sinks
  • Dishwasher & Disposer
  • A/C in each bedroom
  • Ceiling Fans
  • Laundry Facilities
  • Barbecue
  • Solar heated hot water

AC, High Speed Internet & Cable TV

Frangipani villa offers guests a high speed internet connection, air conditioning and a cable TV connection.

Plunge Pool & sun deck

The villas stunning ocean views across Hillsborough Bay are best enjoyed from the sun deck and plunge pool.

Walking Distance from 2 Beaches

A side gate through the gardens leads to a track through the trees to Tom's Bay and the near-deserted half mile beach at Sparrow Bay is also conveniently accessible nearby. Just under 2 miles away from town and the airport and within walking distance from 2 beaches, Frangipani Villa is ideally located on the island.

Unique State of the Art Gym

This is the only villa on Carriacou with a private state of the art gym.

Aromatic Fruit Trees & Seclusion

The setting of this villa is sublime, surrounded as it is by lush tropical fruit trees and aromatic shrubs which provide a particularly refreshing atmosphere and subtle seclusion.

Private Driveway & Stunning Views

A private Driveway leads to the villa.The villa layout and access elderly is direct & uncomplicated and suitable for disabled access.

The Development of Carriacou Airport

The Lauriston Airport expansion will make the runway a total of 6300 ft - the airport will then be able to accommodate day & night departures and arrivals. Plans for development also include:

  • Extension & repairs to existing runway
  • Create area for private jet parking
  • Expand, renovate & upgrade main building
  • Upgrade avionic equipment
  • Upgrade emergency response facilities & equipment
  • Improve perimeter fencing (protect from flooding)
  • Upgrade car park facilities
  • Construct fuel storage and discharge facilities

Recently Beautifully Refurbished

Frangipani has been lovingly refurbished to a high standard, the bedrooms have been beautifully decorated with coordinated furnishings and a pristine finish. The villa also boasts a well equipped gourmet kitchen with granite surfaces and vessel sinks on the upper level and a second self contained kitchen and dining area on the lower level. There are 3 bedrooms on the upper floor and the remaining 2 on the lower level.

On the apartment level there is also a gym and garage which is currently used for storage.
There is a secure, owners storage room in the main house.

Services
Electricity is provided by Grenlec. Telephone  by FLOW (formerly LIME). Internet by Digicel. Cable TV is supplied by Flow. Water is stored in a concrete cistern under the house and pumped to the outlets on demand. There are also security cameras in place.

Active rental property
The villa is currently an extremely popular rental property with figures available for those with a serious interest in purchasing.

Legal Requirements
Non-Nationals must apply for an Aliens’ Land Holding Licence to purchase land and property in Grenada. This is a one-off government tax on foreigners buying land and property and is normally granted without complication. At present this tax is levied at 10% of the agreed purchase price.

Location

Villa Location

Buyer's Guide

Buyer's Guide

Grenada & Carriacou - Property Buying Information

Carriacou is one of the last remaining Undeveloped Caribbean Island, perfect for an island retreat. The island is small with secluded and hilly with lush tropical woodlands and beautiful surrounding white sandy beaches. A little step beyond the package tour destination and here you find an older more leisurely paced Caribbean.

Carriacou is easily reached by the international airport on Grenada, with a Superfast ferry running between Grenada and Carriacou.

The Island is a popular yachting destination with major yacht charter bases for The Moorings and SunSail on neighbouring islands.

Grenada with Carriacou is predicted from current indicators to be one of the fastest growing Tourist destinations in the Caribbean over the next few years.


Supporting You through the Process

The sale process can easily be handled remotely from the UK, US or Canada. Most of our previous purchasers have visited the island and then proceeded with the sale remotely, visiting once more after the property has exchanged. Our team are on hand to assist with the purchase process as you go forward.


Alien Land Holders Licence

All foreign nationals wishing to purchase property in Grenada must apply for an Aliens Land Holding Licence, which is generally a simple process handled by the buyers attorney, once the licence has been issued 10% of the purchase price must then be paid to the government. Before the licence is issued the buyer must provide bankers reference letters, character & police references.


Time Scale

It normally takes 2-3 months for legal process and the sale to close. All can progress smoothly without the need for the buyer to be on the island.


Legal Matters

The purchaser appoints a Grenadian attorney to search the register and establish title to the property prior to the completion of sale to ensure that there are no encumbrances, charges, encroachments or other impediments to the sale. We can provide you with a set of recommended Grenadian attorneys upon request.


Guide to Buyers Closing Costs Legal Fees

Approximately 2% of the purchase price


Stamp Duty

Approximately 1% of the purchase price


Alien Landholders

10% of purchase price


Sellers Legal Fees

Approximately 1% of the purchase price


Property Transfer Tax

5% of the purchase price for nationals and 15% for non nationals


Real Estate Commission

This is normally 5% of the Purchase Price


Property Title

The majority of property in Grenada is owned fee simple, however property in Grenada may also be held on long lease from private individuals, which are normally 99 years or the unexpired term in the case of an assignment of a lease. A purchaser of such a leasehold interest will enjoy all the benefits of an absolute title for the duration of the lease. Lease can be renewed for usually a fairly small fee and the legal process is straightforward - the renewal can be done once the property is purchased.

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