$ 2,405,135.89 USD / $ 6,500,000 ECD
Details
Description
Apartment Complex/Multi-Family Villa for Sale in Lance Aux Epines, St. George, Grenada
Perched atop the summit of the residential community of Lance Aux Epines, Grenada, this immaculate complex or multi-family home offers exceptional living and investment potential. Located in St. George, the property can function as a luxury residence or a full commercial rental investment.
The villa spans 5,234 square feet across three self-contained floors, providing versatile options for homeowners and investors alike.
Rental Income and Investment Potential
This property presents strong income-generating potential for investors:
Units are currently tenant-occupied
Current/Projected long-term rental income
Current/Projected short-term rental income
All apartments are fully furnished and equipped
Overall, this Lance Aux Epines property combines panoramic views, modern amenities, and versatile living spaces. Its mix of rental-ready apartments and luxury villa makes it a rare opportunity in Grenada. Whether for personal use, rental income, or full-scale commercial development, this home offers both lifestyle and financial value in one of St. George’s most prestigious communities.
Ground Floor: Four Fully Furnished Studio Apartments
The ground floor features four fully furnished studio apartments, each designed for comfort and convenience. These units are ideal for long-term rentals or vacation rentals, generating immediate income. The studios offer private living spaces with modern finishes, ensuring an attractive option for tenants or short-term guests.
Second Floor: Four Two-Bedroom Apartments
The second floor includes four spacious two-bedroom apartments, each with its own bathroom. Like the ground floor, these units are perfect for rental income, providing flexibility for long-term tenants or Airbnb-style vacation stays. This setup maximizes the property’s revenue potential while maintaining privacy for all residents.
Third Floor: Luxury Five-Bedroom Villa
The third floor is a luxurious five-bedroom villa spanning the entire level. It includes a master bedroom, four medium-sized bedrooms, and two-and-a-half bathrooms. The villa opens onto a walk-out patio with a crystal-clear pool, offering stunning 360-degree views.
From this vantage point, you can see Grand Anse City to the right, Lance Aux Epines to the left, and the Caribbean Sea nestled between them — perfect for entertaining or private enjoyment.
Future Expansion Potential
The property also includes an additional upper floor that can be developed according to the owner’s vision. This space could become another single-family home or a second villa, completing the property as a full commercial investment opportunity.
With this potential, the villa is ideal for investors seeking a combination of luxury living and high rental income.
Useful Information:
- How Rental Income Properties Work in Grenada
- Best Types of Real Estate Investments in Grenada
- Short-Term vs Long-Term Rentals in Grenada
- What Makes a Property a Good Investment Opportunity in Grenada
- How Tourism Impacts Investment Property Demand in Grenada
FOR MORE INFORMATION ON THIS LISTING, YOU CAN CONTACT US NOW:
Amenities and Features
