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 Price : US$ 220,840 Type : Commercial - Land
Land - Waterside
REF : GRE0005 

Grenada : Castaigne, Near Grenville

 

WITHDRAWN

 


St. Andrews Grenada







1.75 acres of riverside land with frontage to the public road of Castaigne, suitable for residential or commercial development.

Grenada Property

The land is mainly flat to sloping and covered with scrub, bamboo and banana.

Grenada Property


Castaigne is a small peaceful neighbourhood approximately 15 minutes from the town of Grenville and 1 hour from Point Salines International Airport. 

 

Grenada Property

 

The plot includes a partially completed blockwork building, which could be completed as a residential home or commercial unit.

 

Grenada Property

Photo showing the village of Castaigne. 

Grenada Property

The plot borders with the Great River.Grenada Property

St. Andrews Grenada


This riverside plot, which is close to all utilities and has direct access to the public road, is ideal for residential or commercial development. 


For further information on this property click on the Contact Us buttons at the top or bottom of this page.



Grenada Property Buying Information

Alien Land Holders Licence
All foreign nationals wishing to purchase property in Grenada must apply for an Aliens Land Holding Licence and upon the granting the Licence will need to pay the government 10% of the purchase price to be issued with the license.

Buyers Closing Costs
Legal Fees - Approx.   2% of the Purchase Price.
Stamp Duty - Approx.  1% of the Purchase Price.
Alien Landholders - 10% of Purchase Price.

The sellers legal fees are approximately 1% of the purchase price
Property Transfer Tax - 5% of the purchase price for nationals and 15% for non nationals.
Real Estate Commission - 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. For practical purposes a purchaser of such a leasehold interest will enjoy all the benefits of an absolute title for the duration of the lease.

Legal Matters
The purchaser will require a registered 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.  It normally takes 2-3 months for all the legal issues to be resolved and the sale close.



 

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Last Updated On 20 Jan 2018