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Investment Property » For Sale » Grenada » St Davids » St Davids    

St Davids


Location

Grenada
St Davids
La Tante

Price

$245,000
to $295,000

Delivery date: 2008
Min Rental Return: 8%
Max rental return: 8%
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Property ID: 355508














     
 

 Description

Key selling points

  • Private Estate
  • Guaranteed Rental
  • Exceptionally Priced
  • Developer Finance

A small number of detached Villas (Furnished) on their own plots built in traditional Caribbean style. On site facilities include restaurant, bar, games room, gardens, pool, jacuzzi, Psa and massage. Grenada is a tax haven; no income taxes for the property income. One of the best retirement investment plans on one of the most beautiful unspoiled paradises with low crime and friendly folks. And… almost no mosquitoes! Situated in the Southern West Indies, the climate is always tropically warm, with fresh breezes coming in off the Atlantic. Yet Grenada doesn't get the hurricanes experienced further North. Which makes it a much more usable proposition. Features: 2 bedroom, 2 bathroom (1,000sqft) Detached Villas Managed On-site Security, restaurant, bar, games room, high speed internet, Pool & Jacuzzi. The development enjoys cheap poweer from it's own on-site wind energy source. Which means if the power goes out on the the island, then at least you'll still be OK. There is parking spaces and access to the secluded beach. Plus activities including sea-kayaks, scuba diving, sailing, fishing, you can even go swimming with the dolphins, tropical rainforest is right on the doorstep or simply relax on the nearby Golf course. Finance The developer will extend a delayed staged payment process which allows the owner to complete the payments from the rental income over 5 years. This effectively means the buyer only pays 60% of the purchase price! Prices from $245,000 - $295,000 Freehold With £sterling at such attractive exchange rate to the US$ (Almost $2) there is never likely to be a better time to buy a US$ property. However, with the troubles in the US economy, the USA is not the best place to invest money in the property market. The Caribbean is still a solid proposition. The old saying 'Buy land, cause they ain't making any more of it' is particualrly true in the Caribbean. Oyster International specialize in markets where property specualtion hasn't yet inflated prices out of the realm of real investment. Grenada offers a good combination of profile and infrastructure, yet remains untapped for overseas investment. Famed property developer Peter De Savory is planning a large luxury Resort on the other side of Grenada, which only confirmed are belief, the smart money is going here. If you want something of the real Caribbean and not simply a generic luxury resort full of tourists this is it.

 
     
     
 

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