View from the property over Sparrow Bay
Snow Hill, once part of the Craigston Lime Plantation, comprises some 45 lots of which approximately half have been developed. It is located 1 mile to the north of the main town of Hillsborough and has access to two beaches; the wide sweep of Sparrow Bay and the rocky/sandy cove of Tom’s Bay. (See Location 1 on map of Carriacou, click on link – https://www.carriacou.net/wp-content/uploads/carrmap2-1.jpg)
Access to the property is via a twin/solid concrete track, estate road, leading off the Government maintained road from Hillsborough to Bogles.
There is currently a house under construction on Lot 38B and all the surrounding lots have been developed.
The land surrounding Lot 38C is protected by covenants and there is a very active owners association which purchasers may wish/ or be required to join. The current annual fee is US$700.00
Land plan – View plan of Lot 38C
Freehold price US$72,160.00
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, or the value of the property as determined by the Inland Revenue Department. 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.