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17.45 Acres of Beachfront Land for Sale, St Andrew’s, Grenada

Grenada

Property ID: 46867

17.45 acres of beachfront land for sale in Grenada fronting on to Cabier Beach and extending along Crochu Point in St Andrew’s.

St Andrew’s, Grenada – Beachfront Land for Sale

This parcel of beachfront land is located in the Parish of St Andrew’s on the southeastern coast of Grenada.

The property is situated near the small village of Crochu in the Parish of St Andrew’s close to the the town of Grenville.

Spanning 17.45 acres, the parcel fronts on to the beautiful sandy Cabier Beach and extends along the peninsula of Crochu Point with water on 3 sides.

Development Opportunity

This represents a wonderful opportunity to acquire beachfront land for sale in Grenada offering outstanding views of Crochu Harbour, a wonderful beachfront location and tremendous potential for development.

The site would be ideal for residential or hotel development.

This parcel could be purchased with an established boutique hotel for sale which is set on 1.14 acres of adjacent waterfront land.

The hotel on 1.14 acres plus this parcel of 17.45 acres of beachfront land would offer a combined total of 18.59 acres of beachfront land with an existing boutique hotel.

A guide to Grenada

  • Average asking price $1,370,306
  • % + or - average property price -40%
  • Property price range $245,000 - $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 12.9% in 2018 to reach a record level of 528,077 annual visitors and a pipeline of new luxury hotels.