True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland
True Blue Point Headland

True Blue Point Headland True Blue, GRENADA, Grenada

$1,791,475 USD
Property Details

Property Details

  • 0 Bedrooms
  • 1 Bathroom
  • 1.18 Acres
  • 51185 Sq Ft
  • Beachfront
  • FOR SALE
  • Headland with Beach Access
  • Level Land 51,185 sq ft
  • Great Development Opportunity

True Blue Point Headland - Combined Plot True Blue Bay True Blue Grenada

Lot A - 29,564 sq.ft. Lot B - 21,621 sq.ft. Total: - 51,185 sq.ft.

Large Headland Plot Surrounded by Water

Unique Beachfront land in the highly sought after neighbourhood of True Blue / True Blue Bay, on the South Coast of Grenada. With no covenants attached, the property can be developed for commercial and or residential use.

A combination of the two plots; a total of 51, 185 sq ft / 1.18 Acres of land protruding into the bay; most of the properties perimeter is oceanfront, with bay access all around and unparalleled potential for berthing docks for leisure crafts etc. Level land perfect for development.

Perfect Location to Explore Grenada

Several bars and restaurants are in walking distance, and Grand Anse Beach is five minutes' drive away.The land is a short distance from island activities, shopping and the airport - a great location easily allowing the purchaser to enjoy all Grenada has to offer.

With stunning views overlooking the waters of True Blue Bay and the South Coast of Grenada, and perfectly sheltered by further headlands, True Blue Point & Bay is a calm and relaxing haven.

Location

Villa Location

Buyer's Guide

Buyer's Guide

Grenada & Carriacou - Property Buying Information

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.


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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