18,375 sq. ft. lot in Snow Hill development of Craigston – GREAT PRICE REDUCTION for quick sale US$85.000

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.)

Access is via a twin, concrete track, estate road, leading off the Government maintained road from Hillsborough to Bogles.

ariel 8B

Aerial view of the land and Snow Hill Development

The land is protected by covenants and there is a very active owners association which purchasers would be required to join.

Freehold price US$85,000.00

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, 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.