Lot 43, 24,700 sq. ft – REDUCED TO US$65,000.00

 

Cherry Hill Phase 2, once part of the Craigston Estate, comprises 21 lots 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. Lot 43 is a wooded hillside lot with views over Hillsborough Bay to Grenada on a fine day. Lots 42 & 62 have been developed but Lot 44 is currently undeveloped.  The photograph above was taken from the house on Lot 42A. This lot has one of the largest and oldest Tamarind trees on the island which has been protected by triangle of land which is excluded. It is being offered for sale with a full topographical survey and and architect drawings for a 2 bedroom cottage with plunge pool. A local contractor quoted US$220,000 to build the cottage.  Lot 43 Cherry Hill (Phase 2) 24,700 sq. ft:

Freehold price US$65,000.00

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.