Grenada Real Estate
Grenada is an island that is roughly two times the actual size of Washington State and it was an island that was first discovered by Columbus in the late 1490s. Grenada has massive mountain ranges, is situated in the eastern Caribbean and has a population of more than 110,000 inhabitants. Grenada is located near the Petite Martinique Island and the Carriacou Island, just south of a group of islands known as Windwards and a short distance from Venezuela.
Real Estate in Grenada
Grenada is filled with scenic delights, all offering the traveller a splendid opportunity to explore the gorgeous landscape that the island houses; thick forests, flourishing rainforests, pristine waterfalls, and mountain lakes are scattered throughout the island and the entire island of Grenada is encompassed by long stretches of sandy beaches. Grenada is fondly referred to as the spice of the Caribbean; this is primarily due to the types of exports Grenada deals with: spices of all varieties. In fact, thirty four percent of the global supply of spices is produced on the island of Grenada. The chief agriculture that Grenada has includes bananas, cocoa, fish, mace, nutmeg, and a variety of fruits and vegetables. As a final point, the island is one that is well known for the production and export of rum.
The inhabitants of Grenada are primarily African, Asian, Indian and European so the island has a fantastic mix of culture. Calypso music originated from the region and travellers can also enjoy reggae music during their time in Grenada. Meanwhile, the food in Grenada is culturally diverse and there is something to appease any palate.
Nestled along a u-shaped harbor is Grenada’s capital, St. George and the city is home to some of the world’s most amazing architecture. The capital of Grenada was founded during the 18th century and the city has a market square where vendors sell their wares, produce, and spices on Saturday mornings in an open market. In the city one will also find St George’s Church: a towering church first erected in 1818. The historic Fort Fredrick is also situated in the capital city of Grenada, built in 1779 by the French. Getting from one place to another within Grenada’s capital is as easy as hailing a taxi. Finally, there are many fantastic towns and cities nearby St. George, giving the traveller plenty of opportunity to explore all of the culture and activities the island has to offer:
Climate in Grenada
Grenada’s tropical climate is perfect for holidaymakers and second homeowners; temperatures range from the mid seventies to mid eighties and the island experiences little rainfall. The long sunny days found in Grenada give travellers a chance to bask in the sun off the Caribbean coast and engage in a variety of watersports. In addition, Visitors in Grenada have plenty of activities to engage in: travellers can camp at the Grand Etang National Park in Grenada, a location that is well known and loved for the crater lake within the park. Visitors will also find that in addition to swimming and watersports, travellers will find an opportunity to hike, and bike ride.
Grenada Real Estate Market
The Grenada real estate market is a new emerging destination for foreign property investors. Unlike its other Caribbean counter parts it has yet to see a mass boom in tourism and so property prices and costs of living are lower than Barbados and the Bahamas. Tourism is a key industry in Grenada and as such the government welcomes foreign investment in the form of property buyers and real estate investors. Grenada offers a great alternative to other islands that have been overdeveloped. The new interest in Grenada as a property destination means that the price of property in Grenada is starting to rise, but many bargains are still waiting to be had.
To see the latest real estate investment in Grenada click below: