Residential lot of 25,110 sq. ft. at Snow Hill, Craigston US$112,090 Sold Subject to Contract

This lot is situated in an old lime plantation which is a favorite location for expats and holdiay homes.

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 just 2 minutes walk away and the rocky/sandy cove of Tom’s Bay about 5 minutes walk. (See location 1 on Map of Carriacou.)

Lot 38B is lightly wooden and slopes down between the two access roads. The views would be mainly to the north of Union Island and over Sparrow Bay. There is an existing house on Lot 38E.

Lot 38A has been sold.

Access is via a twin, and in some places solid, concrete track, estate road, leading off the Government maintained road from Hillsborough to Bogles. The land is protected by covenants and there is a very active owners association which purchasers would be required to join. Current annual fees are approx. US$700

View plan of LOT 38 B

Freehold price US$112,090

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.