Share and apartments in a full ownership in a residential complex near the university
$370,000 — $495,000
37 m² • $5,755.81+ m²Grenada Citizenship
$270,000+8+ monthsThe property is approved by the Grenada Government for the citizenship by investment program.
Learn moreCost
Property cost
$370,000 — $495,000
Price for m²
$5,755.81 — $10,000
Distances
Yield and management
Yield
3%
Property management
Yes
Description
The six-storey modern design building boasts an enviable location in the heart of Grenada's most popular residential real estate area, known for its property prices and the highest rental income rates on the island. The residence is only 5 minutes drive from Maurice Bishop International Airport and Grenada's famous beaches, as well as within walking distance from city infrastructure and most importantly, right in front of the entrance to St. George's University. The location makes it the preferred choice for university students. To date, the property operates full-time, with the majority of its tenants being St. George's University students. Thus, this business model is not related to the performance of the travel and tourism industry, but to the work of the university. The residence has studios, 1 and 2 bedroom well furnished apartments with private balconies and stunning city views.
Facilities:
- Individual patio
- Intercom
- Washing machine
- High speed internet service
- Smart LED TVs
- Air conditioning
- Key card
- Prepaid electricity bill
- Digital headboards with electronic consoles
The residential complex also has the following services:
- Fitness club
- Mediterranean restaurant
- Fantastic sky lounge and rooftop bar
- Modern conference room
- Student lounge
- Safe
- Limited parking
- Illuminated garden with barbecue grill
- 24 hour security
All investors will receive a guaranteed return of 3% per annum for their investment in a studio, one-room or two-room apartment. This percentage refers to the total amount payable to the investor as all operating and owner expenses will be covered by the company. It is possible to live permanently in the apartment but without return.
Real estate
Object type
Object category
New
Object stage
Ready
Permits
Yes
Design features
Ownership
Possibility of stay
it is possible to live permanently
Characteristics
Total area
37 m² — 86 m²
Number of storeys
6
Bedrooms
1—2
Baths
1
Parking
Yes
Renovation
Standard
Furniture
Furnished
View
City, Plot