Dandakaio and 23,400 sq. ft of land US$1,200,000

Dandakaio is a beautiful property which was built in 2006 and sits on 23,400 sq. ft. of land. The Dandakaio name reflects the native tree that surrounds the property. This house has a unique construction that utilizes wood, concrete and stone.

Location

Dandakaio is located on Cherry Hill, Carriacou , once part of the Craigston Estate, and is located some 1.5 miles to the north of the main town of Hillsborough. (See location 6 on Map of Carriacou.) Access is via a twin, concrete track, estate road, leading off the Government maintained road from Craigston to Windward.

 

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Description

Dandakaio has been designed to take full advantage of the cooling breezes with high cathedral ceilings and Balinese style roof profile. The villa is modern yet feels like a traditional West Indian home with louvered windows and wide spacious verandas enabling you to make the most of the indoor/outdoor tropical living. The house is surrounded by a lush, well established tropical garden with several fruit trees and is fully fenced. There is parking space in the front yard. The house has the added attraction of an infinity pool with a sun deck.

Accommodation

The accommodation is some 3,427 sq. ft. and comprises an open plan kitchen, living, indoor dining area, 3 bedrooms, 2 bathrooms and a utility room.  All three bedrooms open up onto a large wooden deck that wraps around the back of the house. The master bedroom has an ensuite bathroom which has the distinct feature of being semi-exposed to the outside but yet still offers privacy. The living area also opens out onto the deck area.

Furnishings

The house is being sold furnished and includes some professionally designed, locally made wooden pieces.

Services

Electricity is provided by Grenlec. Telephone and Internet by FLOW (formerly LIME).  Water is collected on the roof and stored in a large concrete cistern under the house.  The water is then pumped to the outlets on demand.

Additional Information

The villa is a rental property and has successfully attracted short term rentals. There is also a large area under the house that could be converted into a downstairs apartment.

Freehold price for furnished house and land US$1,200,000

Legal Requirements

Non-Nationals must apply for an Aliens’ Land Holding Licence to purchase land and property in Grenada. This is a one-off government tax on foreigners buying land and property and is normally granted without complication. At present this tax is levied at 10% of the agreed purchase price. If required, Carriacou Real Estate Ltd can advise on all aspects of purchasing and the appointment of a local lawyer. Our sister company Down Island Ltd offers a full property management and rental service.