Private Island Sandy Island Grenada, Grenada Island, The Grenadines
- All Photos
- FOR SALE
- 20 Acres
- Palm Fringed Beachfront
- Ideal Investment Opportunity
- Close to Grenada & Carriacou
- Proximity to international airport
- Relatively undeveloped 20 Acres
- Online Viewing By Request
Sandy Island Private Island Grenada 20 Acres - Undeveloped Private Island
This stunning island is available for sale and lies off the north eastern shores of Grenada, benefiting from all its amenities and international connections.
Grenada is well connected and boasts 3 airports, the Maurice Bishop International and 2 inter island departure points, Pearls and Lauriston Airports. The travel time by sea from Grenada to Sandy Island would be around 10-15 minutes.
Large Plantation Villa
The large plantation style villa on the island has not been inhabited for several years and would require a complete renovation.
The Plantation House is built of tuck-pointed stone and thus easy to renovate. It has 5 rooms with a large verandah, kitchen and staff quarters at the rear.
Fastest Developing Destinations
Grenada has an a very active Tourism sector. Grenada is predicted by the World Travel & Tourism Council to be the fastest growing market in the Caribbean between 2011 and 2021.
élévation, Coral Beach & Natural Anchorage
Sandy Island is ideal as a venue for a boutique style resort due to the combination of its élévation, pristine sandy beach and natural anchorage at its northern tip.
Perfect Location for Boutique Resort
Due to Grenada's growing popularity, exclusive private resorts such as Calivigny Island have grown in popularity offering all the classic benefits of Grenada's climate and terrain whilst also ensuring sought after seclusion and privacy.
From historical sites to waterfalls and spice estates, Grenada is another ideal holiday destination. Grenada, known as “the Spice Isle”, is a major tourist attraction due in large part to the lush beautiful landscape. It’s an island where scents of nutmeg, cinnamon and clove waft idyllic through the air over the lush, unspoiled tropical gardens. Nature lovers, hikers, mountain bikers, bird watchers and waterfall buffs will find a plethora of Grenada vacation activities throughout the many spectacular beaches, pristine waters and lush mountainous interiors.
Grenada 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.
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.
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
Approximately 1% of the purchase price
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
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.