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Studio Condo for Sale, Mariposa, Morne Rouge, Grenada

Grenada

Property ID: 65277

Studio condo for sale in Grenada located at Mariposa, a boutique condominium development in Morne Rouge just a stroll from the beach.

Condo for Sale in Grenada – Approved for Citizenship by Investment

Searching for condos for sale in Grenada within walking distance of the beach and the sea?

This studio condo is located within Mariposa, a boutique condominium development in Morne Rouge, Grenada just a stroll from Morne Rouge Beach.

The unit features a beach view patio which leads to an elegant living area, a custom Italian kitchen, a cozy bedroom and a bathroom with a top quality shower panel that includes body jets.

The unit is offered fully furnished with modern custom made furniture and all necessary appliances.

Enjoy Your Unit or Earn Extra Income

Owners at Mariposa enjoy unrestricted use of their unit but may place it into a managed rental pool when not in personal use which offers the opportunity to generate extra income.

Grenada Citizenship by Investment

The Eastern Caribbean island of Grenada operates a government program offering qualifying applicants full citizenship of the island in exchange for a significant financial contribution or an investment in a designated real estate project such as this.

Successful applicants enjoy all the benefits of full citizenship including a passport offering visa-free travel and minimal taxation.

Find out more: Grenada Citizenship by Investment Program

Browse more: Grenada Citizenship by Investment real estate.

A guide to Grenada

  • Average asking price $1,192,179
  • % + or - average property price -93%
  • Property price range $202,000 - $6,900,000

Reasons to invest in Grenada

  • Emerging property market with prices for real estate currently lower than other more developed Caribbean destinations.
  • Wide variety of property investment opportunities catering to a spectrum of tastes and requirements from newly built apartments to sprawling historical plantation homes.
  • Real estate market benefiting from Grenada's Citizenship by Investment Program, a flourishing tourism sector which grew by 10% in 2018 to reach a record level of 160,970 stayover visitors and a pipeline of new luxury hotels.