Grenada property types for Investment
åThere are a plethora of options available for investors wishing to get the Grenada passport and citizenship through investing in real estate. While options differ in type and cost, it is important to remember that the minimum amount required for any real estate investment to be eligible for the Grenada citizenship by investment program is 350,000 USD.
You can look for beachfront properties in Aux Epines for example, or look for something with lots of bedrooms and baths for the whole family. You can even go to quieter areas such as Carriacou and look for a quieter experience far away from the commercial buzz of St. George’s and enjoy the natural Caribbean view in peace.
Real estate types
Most approved projects are five star resorts in which investors can buy a share or a unit. These prove excellent for both Grenada as they help create jobs and boost tourism, and for investors as they bring in good return on investment and are easy to sell after the 5 year holding period.
There are, of course, other types of real estate in the form of property. Investors have their pick of Grenada condos for sale, a Grenada beach house for sale, or luxury villas with amazing features to choose from, as these villas housed within government approved developments can be used for personal use or rented out for a neat return. This makes Grenada island real estate a deep pool of opportunity.
Buying units that are rented out by a hotel or development project is a great way to get citizenship, make money, and not have to deal with the hassle of managing the property yourself. That is why many consider buying a share rather than buy a house in Grenada. That simplicity runs throughout the entire Grenada citizenship by investment program.