Tyrell Bay Hillside Lots Tyrrel Bay, CARRIACOU, Grenada
- 0 Bedrooms
- 1 Bathroom
- 0.5 Acres
- 21780 Sq Ft
- FOR SALE
- Selection of Lots Available
- Stunning Ocean Views
- Convienient Location
- Stunning Ocean Views }
A unique opportunity to purchase residential building lots with stunning, panoramic views of the Islands between Carriacou and Grenada, Tyrell Bay and the Mangroves.
Grande Anse Hillside Estate
Once part of the Grand Ance Estate the 24 remaining lots being offered for sale are partly forested with the native mahogany trees with grassy meadows in between. Many lots have dramatic views over Tyrell Bay, The Mangroves and down to Grenada. The development is well maintained by the owners who are resident on Lot 33. The view from their home is awe inspiring and never fails to leave the viewer with an unforgettable experience.
The lots are located on the hillside above Harvey Vale. They are accessed by a network of public roads running through the hills and private roads through the development. Harvey Vale, just a short drive from the airport and main town of Hillsborough, has the largest supermarket on the island and many local bars and restaurants. It will soon be the headquarters for The Ports Authority and house the main commercial dock as well as a state of the art Marina.
Electricity, telephone land lines, internet and cable TV will be available. Sewage is to septic tank on each individual property. Water is collected on the roof of each property and stored in concrete/block cisterns or black tanks.
The land is protected by covenants - please contact us for more information
Individual lots are priced according to their views and topography:
- Sizes - from 9,941 sq.ft to 38,990 sq.ft
- Prices - from $26,444 US to $229,615 US
- Cost / Sq.Ft - from $1.47 US to $6.63 US
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.