5 Bedroom Luxury Property for Sale, Le Phare Bleu Marina, Egmont, Grenada

5 bedroom luxury property for sale in Grenada comprising a main house and cottage overlooking Le Phare Bleu Marina in Egmont.

Luxury Property for Sale in Grenada

Searching for luxury homes for sale in Grenada offering easy access to the beach and marina?

Nestled on 1/4 of an acre of tropical, landscaped grounds in Egmont on the idyllic southern coast of Grenada, this superbly located property enjoys stunning views of the private, state of the art Le Phare Bleu Marina and the luxury, private Calivigny island as well as proximity to a secluded beach nearby in a sheltered bay.

The property, which is located at the end of a no-through road and accessed via the marina, comprises a main house and cottage offering a total of 3,650 square feet of living space designed to take full advantage of the spectacular views.

The 2 houses are located on adjoining plots, each with its own swimming pool and outside shower, large veranda with panoramic ocean views and a private driveway with parking for several vehicles.

The Main House

The main house features 3 bedrooms including a guest room with an en suite bathroom.

The house comes with solar panels installed, rainwater harvesting and reverse osmosis filtration for premium, mineral drinking water.

The Cottage

The cottage offers 2 bedrooms, both with en suite bathrooms.

High Spec Finishes

The property comes with high spec finishes and high quality fitted furniture, fixtures and fittings.

The state-of-the-art kitchen includes solid surface worktops and top spec appliances.

The houses feature top quality walk-in showers and bathroom fittings, dimmable LED lighting, air conditioning and designer, high-efficiency ceiling fans throughout and a large, raised storage facility, with pitched roof, concrete access steps and beautiful wooden cladding.

Income-Generating Opportunity

This magnificent property on tranquil Grenada would make a spectacular vacation home.

With its flexible layout across a main house and separate cottage, high-end contemporary finishes, 2 pools, stunning water views and proximity to the marina and the beach, it also presents a potentially lucrative income-generating opportunity as a vacation rental property.

Based on an estimated nightly rate of US $885 (GBP £700) and a conservative occupancy projection of 40% (21 weeks), this property could potentially generate annualized income in the region of US $130,000 (GBP £102,900).

This would represent a very attractive yield of approximately 8.7% if realized.

Just Steps from the Marina, Beach & Other Amenities

This property is superbly located within one minute’s walk of a secluded beach in a sheltered bay and the full state of the art Le Phare Bleu Marina which benefits from 24-hour on-site security guards, making it a safe and secure tropical haven.

A water front restaurant with large swimming pool, lightship bar, bistro and live music venue, marina ‘village’, ocean front coffee shop, French Canadian butcher & deli store, spa & wellness center, hair salon, sailing & yacht club and guided kayak trips are all just a stroll away.