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Property of the month: 5 reasons to buy this vast Grenada villa

Property of the month: 5 reasons to buy this vast Grenada villa

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Grenada is a gem among the Caribbean islands

The current owner, who wishes to remain anonymous, and his family have moved to St Barts largely for schooling, but he says that it has been a wrench: “They say in Grenada that if you stand for too long with your feet in the sand that your body will grow roots. We have such roots here. Grenada really is the most untouched, friendly, beautiful little island. I don’t think there’s anywhere else like it.”

The owner is Irish, and Grenada has long been a favourite among Irish and British buyers (although American fans of St George’s University, the island’s medical school, are on the up). Property prices here will seem like a bargain to buyers familiar with the markets on more fashionable islands such as St Barts or Barbados, according to Walter Zephirin, managing director of 7th Heaven, a UK-based Caribbean property and investment company.

Particularly coveted areas, says Zephirin, include Morne Rouge, Lance aux Epines, Egmont, Fort Jeudy and Westerhall, all of which are located within easy reach of the international airport and St George’s. Property in Grenada can be bought for about $350 per square foot compared to $500 in Barbados. “Property prices on Grenada range from about $450,000 for a three-bedroom house to $4 million for a luxurious six-bedroom waterfront home,” says Zephirin. By contrast, last year a property in Barbados went on sale for $125 million.

L’Anse aux Epines is on sale with Savills for $6.9 million, +44 (0)20 7016
3740, savills.com.

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