Grenada Property Investment For Sale
"The last undiscovered jewel of the Caribbean, but one whose popularity is rising rapidly."
The small country of Grenada is a tri-island nation composed of Grenada, Carriacou, and Petite Martinique and is arguably the most exciting investment market in the Caribbean, renowned for its picturesque interior of rainforests and waterfalls and its coastline of protected bays and secluded white sand beaches.
Known as the “spice island” due to its long history in the production of nutmeg and cocoa cultivation the government has increasingly turned to tourism in the aftermath of hurricanes Ivan (2004) and Emily (2005) which all but destroyed its long established agricultural sector.
Now this under developed nation is expanding the number of tourist beds it has by encouraging exclusive 5 star hotel developments, yacht clubs and marinas, which compared to neighbouring islands are considerably cheaper to invest in.
The government has introduced a variety of tax exemptions and custom concessions for tourism market investors and substantial infrastructure improvements are taking place. Accessibility is also improving with direct flights from the UK, USA and Continental Europe as well as two large cruise ship terminals.