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How much does real estate cost in Grenada?
2024-06-25
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In Grenada, real estate prices can vary significantly based on location, amenities, and property type. While the government does not publish official real estate price statistics, market analysis indicates that the starting price for residential real estate is around $1,000 per square meter. For more modern and well-equipped properties, prices begin at about $2,500 per square meter.
Additionally, the real estate market in Grenada has been experiencing an average annual growth rate of about 4%. This indicates a steadily increasing value, making real estate investments in Grenada potentially profitable over time. The higher costs for modern properties reflect their advanced amenities and often more desirable locations, such as beachfront or near tourist attractions, which are particularly appealing in a tourism-centric economy like Grenada's.
Prospective buyers should consider these dynamics and possibly engage with local real estate agents or consultants to obtain the most accurate and current market data before making investment decisions.
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Citizenship programs
Grenada citizenship program
from $235,000
6-8 months
Obtaining Grenadian Citizenship by investment program grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).
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Turkey citizenship program
from $400,000
4-6 months
Cosmopolitans can get a second citizenship for investing in the country's economy from $400,000. There are five options to choose from: buying real estate, investment fund shares or government bonds, participating in the fixed capital of a Turkish company, opening a deposit in a Turkish bank.
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UAE Residence Program
from $5,000
2+ weeks
Majestic skyscrapers, luxury hotels and shops, beaches and summer all year round. Building a business career in the UAE is prestigious.
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