Invest in Grenada

Our headline investment of 2023 - Exclusive prelaunch November 2022

ScROLL DOWN

Unique opportunity to Invest what locals refer to as ‘The Spice Island’

Opencloud Invest are delighted to announce we have been appointed master agent for the Iconic One True Blue Apart Hotel in Grenada. Whilst real estate investment in Grenada may not be at the forefront of many people’s minds that is soon to change.

For those of you that don’t know, Grenada one of the most Southernmost Islands in the Caribbean, colloquial known as the Spice Island because of its various nutmeg plantations. Famed for Its stunning tropical beaches, including Grand Anse Beach which has been voted the best in the world by numerous travel magazines. St Georges, the Capital is full of vibrancy and history from its French Colonial days. Travelling through the Island you will experience scuba diving in the coral reefs, stunning nature, waterfalls, hot thermal springs which is a magnet for tourism.

Why invest now?

Now is the optimum time to invest in Grenada,

Generally the real estate market had traditionally catered for the local populations however with the introduction of Iconic Hotelier brands into the Island, the Citizenship by investment program and the expansion of the world renowned St Georges Medical University (which is one of the leading suppliers of Doctors to Canada and the US),

The thirst for high quality accommodation has peaked. In addition to that the direct flights from major cities including London, Frankfurt, New York, Boston, Miami have led to many foreigners looking for a second home which is driving the market.

The Project

One True Blue is set to be the landmark project of True Blue Bay. Firstly, True Blue Bay has been widely seen as one of the best locations to invest on the Island. It is located 10 minutes from the airport and 5 minutes from St Georges Medical University. Ideally positioned to cater for the foreign students at the university, visiting lecturers and academics who have long sought high quality accommodation in this region. In addition, it will attract the tourists from the US looking for a short weekend break.

Phase 1 of the boutique development consists of 42 luxury studio, One bed, Two bed and the option of custom designed apartments. Firstly the location is unparalleled. Situated on the edge of the bay nothing could be built in front of the development. It will have Panoramic sea views from every apartment and complete privacy for every owner. Construction will be of the highest quality with a focus on German Quality, French design and Caribbean Flair, the amenities have been designed to maximise the space and cater for the luxury feel of the development including a stunning infinity pool looking over the bay, a jetty, a residents bar and restaurant on the tip of the bay where residents can watch the beautiful sunrise and sunset in the upmost tranquillity!

  • Prices Start from $199,000
  • Exclusive Prelaunch in November with up to 20% below market value deals
  • Guaranteed rental of 9% Per year for two years and fully managed after that with net yields fully expected to rise
  • Short Build Time – 18 Months
  • Exclusive Option. For the first 20 sales the developer will offer to buy back your condo after 12 months into construction for a guaranteed 115% of the contract price giving you a guaranteed profit of 15% on your investment if you decide not to complete the sale.

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