Posted 10/7/00~L1331

Beautiful Grenada has the fastest growing economy in the Caribbean and is enjoying an unprecedented development boom. Unique cost saving method of purchase available to qualified buyer. If you would like to participate in this rapid growth consider the following property offering:

20 acre resort site with possibilities for condominium, marina (docominium) hotel, resort, beach development and / or residential use.
Price $2,300,000

18 fully improved residential lots averaging 22,000 square feet per lot with ocean and mountain views.
Price $510,000

• 2500 feet of shoreline on the resort site.
• All property extends to water's edge.
• Shoreline is sand and coral.
• Site is adjacent to Westerhall Ft.Jeudy residential land development - no industry nearby.
• Road and services extend along entire north boundary of site.
• Main road to airport (7 miles away) borders the property.
• There is a site plan of property with approved subdivision.
• Property slopes to sea.
• Outstanding location for marina.
• Site contains fee simple property extending to water's edge along all waterfront. However, you must build 10 feet above sea level.
• Vendor's tax (paid by seller) is 5%
• Annual property tax is .003% of assessed value.

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