Grenada off plan property searches for grassroots investors

Part of the attraction of blogging about international off-plan new developments is that I get to hear about great overseas off-plan opportunities, often at pre-launch stage. Today’s featured real estate project is a newly planned vacation development located in little known St David’s on the south east corner on the Island of Grenada. This small parish has a coastline sprinkled with small bays and inlets, featuring pocket-size sandy beaches, perfect for a quiet picnic and a swim. The area is quietly developing its own slice of Grenada tourism centered around the modest St. David’s Harbour located 15 minutes from Point Salines airport and the Capital St George’s.

Grenada has recently stepped the islands marketing campaign up a gear, confident in attracting increased tourism to its shores. The Spice Island is warming up for a busy 2006 cruise ship season in which it expects over 250,000 visitors and in April 2007 it will be one of 9 islands hosting the ICC Cricket World Cup. Untouched by the recent Caribbean real estate boom, Grenada is poised to attract perennial travellers by developing a number of vacation resorts designed for long-term visitors drawn by more affordable property prices.

This latest opportunity should appeal to investors looking to invest at the grassroots level of a project. The developer having completed several successful projects in Europe is looking to take advantage of the prospective nature of Grenada and develop a two year high quality residential/vacation project. Under this initial part of the scheme, the developer is looking to secure investment of between ₤50,000 – ₤75,000 from a limited number of individuals who in return will benefit from buying at exceptionally discounted property prices enabling maximum potential for future capital gain. This is further endorsed by Four Seasons decision to develop a hotel project and confirmation of a new marina with commercial centre.

The project is being marketed by Access Investment Property for more information and to register your interest click here.