Mount Cinnamon 3 Bed Penthouse Grand Anse, Grenada Island, Grenada

$1,500,000 USD

Details
Location
All Photos
Plans
Guide

Property Details

FOR SALE
3 Bedrooms
3 Bathrooms
0 Acres
1475 Sq Ft
Communal Pool & Beach
Beachfront
Footsteps from Grand Anse Beach
Mediterranean style townhouse
Private Verandah
Garden
Online Viewing By Request
Parking

1475 sq ft High Spec 3 Bed Penthouse

With 1475 sq ft of relaxed, mediterranean styling this 3 bedroom penthouse has a larger master bedroom overlooking Grand Anse Beach, a private verandah for each of the 3 bedrooms and high spec interiors reflecting the established Mount Cinnamon brand.Construction is due to start in the second half of 2015 with completion due in 12 months.Premium Grand Anse Beach Resort

Mount Cinnamon Resort is located upon the white sugar sands of Grand Anse Beach along the southern tip of Grenada. Peter de Savary has created a select resort and beach club known for laid back luxury and charm. This townhouse is a short stroll, not quite 5 minutes walk from Grand Anse Beach.

Access to all 5* Resort Amenities

The new owner would enjoy all amenities of the resort which include access to Savvy's Bar & Restaurant, The Beach Cabana, tennis courts, swimming pool, kayaks, snorkel kit, paddle boards and hobbies, gym, cycle hire, kids club.

Eligible to Join Resort Rental Group

Owners have the option to retain their property for private use, or to join a rental group managed by Mount Cinnamon.

Grand Anse Beach

There is easy vehicular access and onsite there are golf carts available for transport as required and a very friendly Concierge team to assist you.

Perfect for Long Term/ Full Residence & living the Caribbean dream

Full annual residence is permitted and owners have an active community some staying for around 6 - 9 months year but always other owners in residence.

Easy for Friends and Family to stay

If additional guest accommodation is required for visiting friends and family you have it easily at hand in a variety of room and villa options in the Cinnamon Resort Grounds so family are always welcome.

Grand Anse Beach

A beautiful stretch of beach, world famous and perfect for swimming is located just footsteps from your door. Grand Anse is not the only beach on the west coast of Grenada. In fact, between Grand Anse and Point Salines, there are a total of 6 white sand beaches (not including one or two small stretches of sand), all of which are easily accessible.

Dining at Mount Cinnamon Resort

There are a variety of establishments close by not least in the resort itself. Savvy's Bar & Restaurant - Located in the main clubhouse, the open-air Savvy's is perfect for breakfast and dinner. Menus offer an eclectic mix of traditional West Indian and Caribbean with daily changing dishes based on fresh local ingredients. Where possible, fruits and vegetables are home grown from the de Savary's Mount Edgecombe Plantation. Beach Cabana - Surrounded by beautiful tropical gardens, directly on Grand Anse Beach and just meters from the Caribbean, the Beach Cabana is open daily serving BBQ, salads and snacks as well as drinks from 10am until the sun goes down.

Ideal Investment Potential

This townhouse is the perfect property as a rental option being so close to the beach and amenities whilst also being not too far from the airport and fully furnished and ready to let.

Location

Villa Location

Grenada >
Grenada Island >
Grand Anse

Grand Anse

Only a short distance from the capital city of St George's, Grand Anse is Grenada's most popular beach and main resort area with accommodations ranging from guest houses and small luxury hotels to 240-room mega-resorts. All the properties are richly landscaped, a preview to what you'll see in Grenada's lush mountainous interior, especially the rainforest.

All Photos

Plans

Buyer's Guide

‘Grenada is the newest hotspot in the Caribbean’ Kerry Smith; Editor, BA High Life Magazine

Supporting You through the Process
The sale process can easily be handled remotely from the UK, US or Canada. Most of our previous purchasers have visited the island and then proceeded with the sale remotely, visiting once more after the property has exchanged. Our team are on hand to assist with the purchase process as you go forward.

Alien Land Holders Licence
All foreign nationals wishing to purchase property in Grenada must apply for an Aliens Land Holding Licence, which is generally a simple process handled by the buyers attorney, once the licence has been issued 10% of the purchase price must then be paid to the government. Before the licence is issued the buyer must provide bankers reference letters, character & police references.

Time Scale
It normally takes 2-3 months for legal process and the sale to close.

Legal Matters
The purchaser appoints a Grenadian attorney to search the register and establish title to the property prior to the completion of sale to ensure that there are no encumbrances, charges, encroachments or other impediments to the sale. We can provide you with a set of recommended Grenadian attorneys upon request.

Guide to Buyers Closing Costs
Legal Fees
Approximately 2% of the purchase price

Stamp Duty
Approximately 1% of the purchase price

Alien Landholders
10% of Purchase Price.

Sellers Legal Fees
Approximately 1% of the purchase price

Property Transfer Tax
5% of the purchase price for nationals and 15% for non nationals

Property Title
The majority of property in Grenada is owned fee simple, however property in Grenada may also be held on long lease from private individuals, which are normally 99 years or the unexpired term in the case of an assignment of a lease. A purchaser of such a leasehold interest will enjoy all the benefits of an absolute title for the duration of the lease. Lease can be renewed for usually a fairly small fee and the legal process is straightforward - the renewal can be done once the property is purchased.

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