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Share in a small resort on Portici Beach

Point Salines, south-west Grenada, GrenadaID-GD39145Updated October 30

  • 2024Year built
  • ApartmentType
  • ✓ Open since 2024
  • ✓ 28 beachfront rooms
  • ✓ 4-5% a year per agents
  • ✓ Buy-back after 5 years

About this property

A 28-room resort beneath a bluff on Portici Beach, open since 2024: a restaurant right on the sand, a pool and the group's larger resort 10 minutes away. The investor buys a share, with no room assigned. According to agents, the share yields 4-5% a year from rentals, gives 7 days of holidays annually and is bought back at the original price after 5 years; we verify the buy-back terms in the contract before the deal.

Property code
ID-GD39145
Property price
from $270,000
Year built
2024
Status
Ready for a deal
Location
Grenada, Point Salines, south-west Grenada
Address
Disclosed at the deal stage

Residency through the purchase

Program
Grenada citizenship
Family
A passport for the family: spouse, children under 30, parents and unmarried siblings
Residence
No need to live in Grenada or give up your current citizenship
Travel
Visa-free Schengen, the UK and China, plus eligibility for the US E-2 visa
This property
A government-approved Grenada citizenship project. A share from $270,000 (a unit worth at least $440,000 bought by two or more) plus a $50,000 government contribution for a family of up to four; held for 5 years
How the program works →

Location

Point Salines, south-west Grenada, Grenada

The map shows the area. The exact address is given at the deal stage.

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Property due diligenceTitle, encumbrances, permits and the seller - in a written report.Purchase costs guideTaxes, notary and fees on top of the price, by country.

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