Grenada Real Estate - Highest Sales Volume In Past 10 Yrs

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Posted by Edward Keifer on 2 August 2019
Grenada real estate - the overseas investor

Grenada Real Estate

2018 was a strong year of growth for real estate sales in Grenada.

Total sales amounted to US$63,703,562, an increase of 26% over 2017 and the highest sales volume over the past 10 years according to a leading local realtor.

This is attributed to the strengthening Grenadian Economy as well as the strength of the US, UK and Canadian economies and to increased lending by local banks.

After a steep decline in 2017, foreign buyers returned to the market and sales volume returned to the volumes achieved in 2015 and 2016.

Total Grenada real estate purchases by non-Grenadian nationals were US$15,272,466; this does not include real estate sold under the Citizenship by Investment Program.

If you require assistance in purchasing Grenada Real Estate for Lifestyle or via the Citizenship by Investment Program, please do not hesitate to contact us directly.

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