Buying Grenada real estate is an excellent investment and a chance to secure a luxury home or high-yielding rental property. A Grenada property investment in an approved development allows investors to obtain citizenship.
Search Grenada real estate for sale, including luxury single-family homes and citizenship-eligible properties, and understand the buying process and the best locations to invest in real estate in this guide.
Grenada Real Estate: Key Takeaways
Grenada’s real estate market comprises luxury real estate, land lots, and property approved to get second citizenship.
Consider Antigua property types, including luxury condos and single-family homes, as well as resort-managed accommodation.
Invest $270,000 in Grenada real estate shares to obtain citizenship and a Grenada passport.
Purchase short-term vacation rentals in high-end tourism locations in Grenada to earn a two to six percent rental yield.
Grenada Real Estate Listings
Explore real estate opportunities that Grenada has to offer, and browse various properties for sale across the Spice Island. With a solid economy, a warm community spirit, and the potential to get a second passport by investing in Grenada through property, it’s no surprise that Grenada draws international buyers in search of a Caribbean lifestyle and financial returns.
Properties in Grenada range from luxury villas in sought-after neighborhoods like Lance aux Épines, Fort Jeudy, and Westerhall Point to brand-new modern homes in new coastal developments like The La Sagesse Collection, which sits right on the beautiful La Sagesse Beach.
Apartment and condo buyers can also find attractive options with investment potential a stone’s throw from the popular beaches at Grand Anse, Prickly Bay, and Morne Rouge, with picture-perfect turquoise waters and long stretches of white sand. If you’re after a more peaceful life, Carriacou Island is worth a look. Here, the pace of life is slow, and the surroundings remain virtually untouched.
Whether you’re after a private Caribbean retreat, a real estate investment as part of an expanding market, or a passport through the Grenada Citizenship by Investment Program, as well as commercial opportunities like hotels or tourism-related properties, Grenada has a lot to offer, including a market open to foreign investors. Find your dream property in Grenada with Global Citizen Solutions.
Fiji Beach, Carriacou
Property Type:
Beachfront land
Description:
Covering an area of 2.89 acres, this beachfront lot is ideal for a boutique hotel or luxury villa development. The plot’s beach stretches 185 feet of white sand and offers incredible views of the Caribbean Sea and neighboring islands of Palm Island, Union Island, Mayreau, and Tobago Keys.
Bedrooms:
N/A
Total Area:
125,888 sq ft
Price:
USD $680,000
Morne Rouge, Grand Anse
Property Type:
Apartment building
Description:
This classic five-bedroom apartment building is located in Morne Rouge of Grande Anse’s shopping district. The building is a short walk from key attractions and amenities, including Grand Anse Beach, restaurants, and shopping malls. The floor plan includes three apartments; a one and two-bedroom studio, and a penthouse.
Bedrooms:
Five
Total Area:
14,399 sq ft (internal area 9,411 sq ft)
Price:
USD $980,000
Lance aux Epines
Property Type:
Beachfront villa
Description:
With 150 feet of direct beach access, this 5.5-bedroom luxury villa sits at the tip of Grenada’s south coast in Lance aux Epines. The grounds cover over a quarter of an acre, and the elevated lookout provides panoramic views of the Caribbean Sea and the Atlantic Ocean. The property features two swimming pools, an outdoor jacuzzi, and multiple decks.
Bedrooms:
Five
Total Area:
11,554 sq ft (internal area 5,500 sq ft)
Price:
USD $1.75 million
Hideaway, True Blue
Property Type:
Condo
Description:
This student property is located at the entrance of Grenada’s renowned St George’s University in True Blue. The two-bedroom unit features a balcony and is just five minutes from several beaches and Maurice Bishop International Airport.
Bedrooms:
Two
Total Area:
926 sq ft
Price:
USD $425,000
Mount Craven, St Patrick’s
Property Type:
Three-bedroom home
Description:
This three-bedroom, 3,000-square-foot home is situated on a plot of over 30,000 square feet among lush vegetation and flowers. It features an en suite master bedroom and a wrap-around veranda and is within walking distance of the beach.
Bedrooms:
Three
Total Area:
32,127 sq ft (internal area 3,000sq ft)
Price:
USD $375,000
Grenada (private island)
Property Type:
Private island
Description:
Located off Grenada’s northeast coast is a stunning 20-acre private island. The undeveloped island offers the rare opportunity to construct a luxury private home or boutique resort. It is easily accessible from Grenada’s mainland and international airport via a 10-15 minute boat ride.
Bedrooms:
N/A
Total Area:
871,200 sq ft
Price:
USD $7 million
How to Buy Property in Grenada
Non-citizen property buyers in Grenada must apply for an Alien Landholding License, which costs ten percent of the sale price. Buying property to get a Grenada passport does not require an ALHL.
Access property for sale in Grenada through a real estate agent, Google searches, or a Grenada Citizenship by Investment lawyer if you plan to apply for citizenship. on your own, and search for vacation rentals or Grenada homes for sale.
Obtain an Alien Landholding License, which grants permission to purchase Grenada property as a foreigner.
Hire a reputable lawyer to draft a Purchase and Sale contract. You’ll typically have to pay a ten percent deposit to secure the purchase.
Get a certified property surveyor to conduct the valuation and prepare documents to transfer the title deed.
After approval, documents will be submitted by the lawyer to the Grenada Land Registry to register you as the new property owner.
Take a look at our Ultimate Guide aboutu003cbru003eu003cemu003eGrenada Citizenship by Investmentu003c/emu003e
Foreign investors can purchase property in Grenada-approved areas and gain citizenship. The Grenada immigration requirement for citizenship includes investing in government-approved real estate valued at least $270,000 for real estate shares and $350,000 for a sole purchase. The investment must be held for at least five years to maintain a Grenada passport.
Property types
High-end resorts and boutique hotels
Luxury villas and residential properties in gated communities
Premium condos and waterfront family homes in approved developments
Top Locations to Buy Grenada Property
Grand Anse: One of Grenada’s most popular tourist destinations, close to attractions and beaches frequented by foreign visitors.
Lance Aux Épines: An upscale residential area on Grenada’s south coast. Property buyers can buy oceanfront homes in gated communities.
St George’s: Grenada’s capital city and historical center, with colorful architecture and proximity to local services.
Carriacou: Grenada’s sister island, Carriacou, offers a peaceful atmosphere in nature. Suitable for eco-retreats and sustainable developments.
Why Work with Global Citizen Solutions?
Specialist expertise in the Grenada Citizenship by Investment Program
Applications managed through a licensed Grenada agent
Trusted by 15,000+ clients worldwide
Over a decade of advisory expertise
Dedicated relationship manager
Transparent fees and guidance
Support beyond approval
Frequently Asked Questions
Yes, foreigners can buy property in Grenada but are generally required to apply for an Alien Landholding License. The average cost of the license is ten percent of the sale price. Alternatively, foreigners participating in Grenada’s citizenship by investment (CBI) program are exempt from this requirement when buying a house in Grenada or other property approved in the program.
Some of the best places to buy property in Grenada are:
St George
Carriacou
Grand Anse
Lance aux Epines
L’Esterre
Morne Rouge
There are many types of houses for sale in Grenada in popular cities like St George, including historic plantation homes, modern apartments, beachfront villas, and bungalows. Foreign buyers can also buy Grenada land and build their own houses.
The cost of a house in Grenada can vary from $160,000 to $7 million, depending on several factors like the property’s location, size, and condition.
According to new listings on Rightmove, the average price of homes for sale in Grenada ranges from $200,000 to $1 million.
Grenada taxes on property is charged at progressive rates from 0.5 to 0.8 percent of the property value for residential properties and hotels. Other commercial Grenada real estate investment is subject to a property tax rate of 0.2 to 0.5 percent. Grenada agricultural real estate is not subject to property taxes.
Grenada Co-operative Bank Limited and Grenada Development Bank are two banks in Grenada that list houses for sale.
Grenada real estate is not considered expensive by Western or Caribbean standards. Two-bedroom apartments and houses can be bought for around $100,000, and the country's citizenship program offers citizenship and a Grenadian passport when investing in approved real estate.
Houses and other real estate are sold by banks in Grenada, as many are foreclosed and repossessed by banks when mortgages and other loans are not repaid. Featured properties range from small two-bedroom homes to commercial real estate. Given the unpredictable nature of foreclosures, property availability varies.
If you’re looking to invest in real estate in Grenada, being sold by the owner, you can start by searching online classified sites and property marketplaces. Grenada property sellers list real estate for sale in Facebook groups designed for private sellers.
