2018 was a strong year of growth for real estate sales in Grenada. Total sales amounted to US$63,703,562, an increase of 26% over 2017 and the highest sales volume over the past 10 years according to a leading local realtor.
This is attributed to the strengthening Grenadian Economy as well as the strength of the US, UK and Canadian economies and to increased lending by local banks.
After a steep decline in 2017, Foreign Buyers returned to the market and sales volume returned to the volumes achieved in 2015 and 2016. The total purchases by non-Grenadian nationals was US$15,272,466; this does not include real estate sold under the Citizenship by Investment Program.
If you require assistance in purchasing Real Estate in Grenada for Lifestyle or the Citizenship by Investment Program investment, please do not hesitate to contact us direct.