Private Island Sandy Island Grenada, Grenada Island, The Grenadines

$7,000,000 USD

Details
Location
All Photos
Guide
PDF

Property Details

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.

Well Connected

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.

Location

Villa Location

The Grenadines >
Grenada Island >
Grenada

Grenada

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.

All Photos

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.

PDF

A PDF for this property can be found here.

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