In the wake of the analysis of the main destinations, tourist and not, ideal to be able to reallocate, we identify without a shadow of a doubt a truly unique and unrepeatable reality. Immersed in the Caribbean Sea, the undisputed protagonist of our mini guide today is the island of Grenada.
The perfect place to start from scratch, investing in the real estate market and beyond. Buying a property in Grenada, could prove to be an advantageous choice but especially winning, so as to allow you to completely change your life. How? Are you curious to know more? Can't you wait to discover how profitable an investment in this land can be? Well, all you have to do is get comfortable and armed with paper and pen. The mini guide signed Realigro , is about to begin!
Let's start with the bases: where is this island?
Today's state is located in the south-east of the Caribbean, and is the second smallest and most independent state on the American continent. Subject to years of colonization, it currently presents itself as a monarchy, as dependent on the English crown. A member of the Commonwealth, it has no armed force, and the defense system has been delegated to the Regional Security System. the economy is experiencing a period of regression, which is why it is convenient for foreign investors to converge their resources in this land.
The official currency is the Eastern Caribbean Dollar, and, currently, the State is considered a real tax haven. Another reason that attracts every year more and more new tourists who decide to settle in this nation. Despite the fact that agriculture plays a key role, tourism is the key to the whole economic system. The immaculate beaches, are the strength of the local economy, so as to be present in the top ten of the most beautiful coastal realities in the world.
But what are the documents to access all this? A passport is required, with a residual validity of at least six months, from the moment of arrival in the country. The visa is required only if you intend to stay for more than three months.
What about the cost of living?
To better facilitate the overview, we decided to include a small table, listing the various prices for the basket of basic necessities, and expenses that may occur once you arrive in Grenada.
Cheap Restaurant 8,03 €
Meal for 2 People, Medium Restaurant, Three Servings 45,74 €
Menu from McDonalds (or equivalent menu)3,28 €
Domestic beer (0,5L on tap) 1,64 €
Import beer (0.33L bottle) 2.30 €
Milk (normal), (1L) 2,01 €
Fresh white bread loaf (500g) 1,64 €
Rice (white), (1kg) 1,05 €
Eggs (normal) (12) 2,62 €
Local cheese (1kg) 9,38 €
Basic (Electricity, Heating, Air conditioning, Water, Garbage) for an apartment of 85m2 53,55 €
And to buy a property?
It starts from a minimum of 300 euros per month to sign a lease in the center of the capital, while for the actual purchase of an apartment, the prices are still very advantageous compared to the average in the Caribbean.
What can I say, we hope that our mini guide has been functional to your needs. We just have to wish you a good trip!
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