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 Price : US$ 77,290 Type : Home - House REF : GRE0021 

Grenada : Perdmontemps, St. Davids                        SOLD                                                   Grenada Affordable Home


2 bedroom, 1 bathroom affordable home with separate 2 bedroom lower apartment, enjoying pretty mountain views to the sea, but in need of renovation and improvement.

Grenada Affordable Home

This roadside property is ideal for either residential or commercial use and is approx. 15 minutes from St. Georges and about 30 minutes drive from Point Salinas Airport.

Grenada Affordable Home

The upper floor of this property contains two bedrooms, one bathroom, a kitchen and a living room that opens out onto both a front and a rear verandah.

 

 

 

 

The lower level is a separate self-contained two bedroom apartment which also has a small porch.

Grenada Affordable Home

Grenada Affordable Home


This affordable property is an ideal opportunity for any DIY enthusiast to enter into the Grenada property market and end up with a property suitable for either residential, commercial or combined use.

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 23 Nov 2017