Properties for sale can be found throughout Grenada but the primer established residential areas are found in the South and South East of the island, that are Lance aux Epines, True Blue, Ft. Jeudy, Westerhall Pt. There are other developments springing up along the East Coast that are breathtaking, and worth while checking out, or even some of the Historical areas of the island in the North that are significantly beautiful.

Grenada and the Caribbean are experiencing a new condominium/Luxury home trend market. That high demand market is for moderate to high price homes in a luxury setting with conveniences of health clubs, restaurants, shops etc provided in that one area (see Luxury Home Developments). Some of these homes tend to be semi-tenanted in the year and managed by the developers/selected Management Companies in the home owners absence.

Contrary, there is a high proportion selected market seeking land in which clients prefer to build their dream properties. Land prices for economy, Prime and Waterfront Properties can range from approximately US$ 4 to US$20 and more. Building cost can be estimated at approximately US$100 – US$150 per sq.ft.

Property sales information: Aliens-License information.

The property transfer tax is usually 5% of the selling price which is paid by the vendor providing that he/she is a Grenadian Citizen. If the Vendor is  a foreigner, the transfer tax is 15%.