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5 bedroom house for sale

USD $4,750,000

Laluna Estate, St George's, Grenada

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Call: 03339 395587

Key features:

  • Luxury Villas adjoining 5 star Hotel
  • Access to private beach & facilities
  • Top Italian architecture
  • Stunning views, privacy & security
  • Low purchase cost and high rental income

Full description:

Located on the dramatic coastline of Morne Rouge, conveniently located just 10 minutes from the capital St Georges' and the Airport, the development consists of seven, four and five bedroom villas, all uniquely designed.

The first phase of the development consists of seven, four and five bedroom villas, all uniquely designed, with each land lot of approx. 30,000 sqft., currently under construction with a completion date of 2013. The second phase consists of 12 villas on 9 acres of land on Morne Rouge Hill.
What is special about this project is the unique opportunity to join an exclusive residence club with the resort services of Laluna. Actually, the headaches of second-home ownership are replaced with services and amenities only found in the world's finest resorts, and the opportunity of an extra income. In fact the villa's owners have the benefit of a management contract with Laluna and rent their villas while not using it. Soon there will be on offer a selection of land lots for private ownership, where landowners can be as involved with the building process as much as they like, employing their own architects or engaging our Estate Management team.
The Estate has a Development Master Plan approved with a very attractive government incentive package. Buying real estate on the island of Grenada is a fairly straight forward process. Grenada's real estate laws are designed to encourage foreign investment and to protect the investment, in real estate, after the purchase or investment is made.
At Laluna Estate we enjoy some special incentives to promote tourism on the island. In fact, the buyer of one of our villas will be able to take advantage of tax exemptions and concessions granted to Laluna Estate by the Government that makes the investment in one of our residences even more attractive.

This is a private and exclusive villa development on 25 acres of prime waterfront land, designed by two acclaimed Italian architects to offer an intimate atmosphere where you can enjoy the casual and unique Caribbean lifestyle. Laluna resort opened ten years ago with 16 suites, an Italian restaurant, an Asian Spa and a beach front yoga pavilion, and immediately established itself as the premiere boutique resort.

Directions

Enhanced by the magic of the Laluna Estate is the unspoilt island of Grenada that has a very distinct charm and beauty, from tropical mountain ranges to long sandy beaches and is the crown of the Caribbean. The Island of Grenada is located in the southern Caribbean at 12 degrees north of the equator, enjoyable all year round with an average temperature in the 80s. The entire island is 121 km of coastline, and is made up of white sandy beaches, lush tropical rain forests, and waterfalls.

This pin shows the exact location of the property as provided by the Advertiser

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To view this property or request more details, contact
Savills International Residential Property, London

33 Margaret Street, London, W1G 0JD England
03339 395587  Local call rate
About Savills International Residential Property, London

Welcome to Savills International

The Savills name has become synonymous with luxury residential property worldwide. Savills International is dedicated to providing a superior service meeting all of your overseas property needs.

Our objective is to develop long-term client relationships, and we aim to achieve this by ‘adding value’ through our local knowledge, global reach and brand strength. London is a hub for international property and, when buying, selling or developing, we recommend using a name you trust.

Based in London’s West End, the International Residential Department provides an extensive range of property services for international property including individual property sales, new development sales and marketing, as well as consultancy and investment.


Disclaimer

This is a property advertisement provided and maintained by Savills International Residential Property, London (reference 45219_LAI120588) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

or call 03339 395587
Calling from outside the UK? 0044 20 7016 3740

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