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 Price : US$ 2,210,000 Type : Home - House REF : GRE0010 

Grenada : Lighthouse Drive, True Blue, St.George's      PRICE REDUCED           Grenada Oceanfront Villa


Attractive 6 bedroom, 6 bathroom villa located in a prime oceanfront position with dramatic views over the bay.

Grenada Oceanfront Villa

This distinctive oceanfront villa comprises 3 separate detached structures.

Oceanfront Villa Grenada

 

The villa was built very recently in 2002 and is set within 0.68 acres of prime oceanfront land.

 

Oceanfront Villa Grenada


The first building - The Bay House - is a brightly coloured split level property offering 2 bedrooms and 2 bathrooms on each floor, as well as a beautifully designed living /dining area and a plunge pool.

Oceanfront Villa Grenada

The two floors in the Bay House are connected by a staircase, allowing this section of the villa to be used as two separate apartments or as one large four bedroom house.

Oceanfront Villa Grenada

Oceanfront Villa Grenada

The 2nd building which is called "The Cliff Cottage" comprises 1 bedroom, 1 bathroom and a large open plan living, dining and kitchen area.

Oceanfront Villa Grenada

The third building known as "The Tower Cottage" offers 2 bedrooms, 2 bathroom and an open plan living, dining and kitchen area and open patio.

 

 

 

 

 

 

 

 

Each of the three structures offer a true Caribbean feel with many mature ocean front gardens perfect for enjoying the sunrise.

Oceanfront Villa Grenada

The villa faces East capturing and enjoys panoramic views over Prickley Bay and a steady cool breeze off the bay.Oceanfront Villa Grenada
Whilst the villa already sits within 0.68 acres of land, there is an option to also buy an adjoining 0.60 acres for an additional US$1.4 million.Oceanfront Villa Grenada
This villa is ideally located for anyone owning a yacht and is only a 5 minute drive from Grande Anse Beach, 10 minutes drive from the airport and 15 minutes from town.

Oceanfront Villa Grenada

Oceanfront Villa Grenada


This attractive and adaptable villa is ideal as a rental property or large family home and is set in a prime location with dramatic views over Prickley Bay.


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 Nov 2017