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 Price : US$ 139,000 Type : Land - Beachfront REF : GRE0029 
Grenada : Fort Jeudy



SOLD


 

Grenada Oceanfront Land






0.63 acre of flat land facing directly east with a magnificent view of the ocean, just 20 mins from St George and the Port Salines International Airport.

Grenada Oceanfront

Grenada Oceanfront


0.63 acre of flat land with magnificent ocean views, ideal for a permanent or vacation home within easy reach of St. George or the airport.


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 License
All foreign nationals wishing to purchase property in Grenada must apply for an Aliens Land Holding Licence and upon the granting the License 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