The Gleam St. George, GRENADA, Grenada
- 4 Bedrooms
- 2 Bathrooms
- 0.12 Acres
- 1200 Sq Ft
- Space for a pool
- 30 mins from the Beach
- Ideal Investment Opportunity
- Separate Lower Level Apartment
- Lush Tropical Surroundings in a Great Neighbourhood
0.1227043 acre plot = 5,340 ft²
The perfect location for a island home
A detached two level property which has been created as two self contained apartments set on a plot of approx 505sqm and nestled amid mature fruit trees and gardens. Easily accessible for shopping and business facilities of St George's and lots of great beaches nearby and airport is just 30 minutes away.
House area - 1,200 ft², 10 mins drive into St George's, Close to Grenada's Best Beaches, 30 mins from the airport, Fully Furnished, Ample Parking, Flexible Property with rentable Lower apartment or Upper Main House, Mature Tropical Gardens with Fruit Trees 4 Bedrooms, 2 Shower Rooms and 2 WC's.
Grand Anse & St.George's Grenada is predicted to be the fastest growing Caribbean market between 2011 & 2021.
FIRST FLOOR Main House
Lounge Covered verandah Fitted Kitchen 3 bedrooms Shower and wc
GROUND FLOOR APARTMENT ( successfully rented out)
Fully enclosed lower portion of the property with additional bedroom Lounge Dining room Kitchenette 1 bedroom Shower and wc
Water is on a metered system
Lovely Large Covered Verandah
The Gleam has a lovely tiered ? external staircase with a spacious covered terrace / entrance.
Space and Privacy 505 square meters of property
Surrounded by grassy lawn area with Banana and other fruit trees slightly sloping ground - Please note that this property enjoys the benefit of being on a very modest slope for Grenada which enables easy building and further development of the property if you wish.
Green Refreshing views
New Owners will enjoy the lovely greenery and tropical views through each window of the surrounding island. Mature trees to the rear and on the boundary of the property a well built solid stone wall .
Easy parking for a number of vehicles
Easy access for parking directly from the paved road.
St. George's is the capital of Grenada. The town is surrounded by a hillside of an old volcano crater and is on a horseshoe-shaped harbor.
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.