Grenada is known as “The Spice Island.” Locally grown spices include cinnamon, cloves, ginger, bay leaf, turmeric, nutmeg, and chocolate!
The Point at Petite Calivigny
Our first stop is The Point at Petite Calivigny. This development is focused on wellness, incorporating high European standards and Hyatt management tools. It sits above Woburn Bay, on the south side of Granada. The properties face west and enjoy spectacular water views.
The point at Calivgny is nearing completion of phase-I. The next project is the beach and waterfront cafe and bar.
Phase I consists of 12 condos, and four villas with private infinity pools. The condos are divided into two sets of six, each sharing a pool, patio, and grilling area.
The condos are 1450 sf two-bedroom, two-bathroom units. The villas offer a larger 3000 sf, and are three bedrooms. The facility has a fitness center with a wonderful view.
The asking price for the furnished condos is $750,000 plus $37,500 closing costs; $787,500. HOA is approx. $1550/month and includes utilities, tax, and insurance. The villas, with closing costs, are approx. $2.5 million. The owner/developer offers financing, 50% down and 5% interest. Payments are made in the USA.
The Point at Calivigny offers on-site rental management with a 60/40 split. Click here for more information about ownership and investment in Granada.
PS. Owning a condo here has made my top 5 list.
Villa Beach Cliff
The next tour is of the Villa Beach Cliff, a six-bedroom, six-bathroom vacation rental of the east shore of Prickly Bay.
This large villa enjoys a year-round vacation rental income. The current owners are Canadian and have rented out the property for many years. The views are spectacular, and the reviews are all positive.
Here’s what your guests will experience:
“Privacy & intimacy with family & friends is what you can enjoy throughout the 5,500 square foot retreat. Uniquely situated on an 11,500 sq. foot premium property at the very tip of Lance Aux Epines, Grenada’s most southerly, & desirable location. Delight your senses with refreshing ocean breezes, and spectacular panoramic views from our lookout, capturing the trade winds of both the Caribbean Sea & the Atlantic Ocean. Cool down in either of our 2 swimming pools, or on one of the terraces leading down to our private beach.”
Own a successful Caribbean vacation villa, offering 5+1 exquisite suites, and all of the amenities you would expect to ensure complete relaxation and rejuvenation for your guests. The asking price is $1,795,000.00 USD, includes FF&E.
Granada
After the property tour, we went for a walk and found yummy eats and cool cocktails on the shore of The Carenage, a beautiful working port in St. George’s. I also picked up a sampling of the local spices to take back home.
Everyone agrees we need a vacation in Granada!
Granada, January 18, 2018
We toured two Luxury resort properties while visiting the island. Both properties are located in a popular tourist area known as Grand Anse.
Silver Sands
The first development we visit is Silver Sands.
This is a view from one of the beachfront villas. This beach is absolutely beautiful, and farther to the right is a view of the port. The Silver Sands developers have tried to design the property so that it blends into the natural beauty that surrounds it.
The design and furnishings at Silver Sands is very all cool white stone, straight lines, and modern.
These beachfront villas are very expensive but do offer entire or proportional ownership. Silver Sands is also in the process of building the Hillside Villas which will be a bit less expensive. On-site management will rent the Villas as part of the Silver Sands Resort while the owners are away. This is a very high-end luxury property on a beautiful beach.
Mount Cinnamon
The next property we visited was Mount Cinnamon Residences. These residences are built on the property of the Mount Cinnamon resort and spa. USAToday Readers Survey ranked Mount Cinnamon as the #1 resort in the Caribbean in 2018.
Mount Cinnamon sits on the hillside with a short walking path to the beach club which is directly on the white sands of Grand Anse Beach.
The views from the properties are wonderful! On-site property management will rent your property as part of the resort when the owners are away. While owners are on the property, they can enjoy all the amenities available at the resort.
The furnishings in Mount Cinnamon varied from eclectic in the older villas to very sleek and modern in the newer units. I enjoyed the bold tropical colors and interesting architecture and furnishings in the older properties.
Granada
Grenada does have a citizen by investment option, but make sure you understand all the taxes and transfer fees first!
While on the tour bus, I saw a sign for new development in the same Grand Anse area called Kawana Bay. One more property to explore the next time I visit!
We stayed an extra few hours at the Mount Cinnamon beach club to have lunch and enjoy the Grand Anse beach. Grenada was the tour group’s favorite island. As we drove through town, we noticed the old-style architecture and narrow streets. We saw lots of businesses, commerce looked plentiful and interesting. We were told that Grenada is outside the Hurricane belt, which was a big bonus! A quick check to Wikipedia says that the island had been hit 3 times in the last 50 years, ..so not completely outside 😉
After a beach walk back to the Silver Sands Property, we were able to catch a water taxi back to the ship dock.
I really did like the look and feel of Grenada. I would really like to spend my next vacation exploring the local culture, properties, and opportunities.
Would you like to tour the property during your next vacation? Please let me know if you have any further questions or comments!