As the country’s economy continues to improve following the global recession, Grenada’s high-end properties remain relatively affordable in the region, said Walter Zephirin, managing director of Seventh Heaven Properties, a firm based in London that specializes in Caribbean luxury real estate.
“Prices are still significantly cheaper than other Caribbean islands,” Mr. Zephirin said. “Beachfront land and hideaway homes nestled in rain forest overlooking the sea offer investors excellent value.”
Prices range from around $500 to $1,500 per square foot, he added. The most desirable areas with real estate investors are coastal zones in the southwest, Mr. Zephirin said.
Opt in here