Yes. Grenada welcomes foreign investment in real estate. Non-nationals can purchase land and property freely, though you must obtain an Alien Land Holding Licence (ALHL) from the government. This is a straightforward process handled by your attorney and typically takes 2–4 months. At Pointe Marquis, our sales team can guide you through every step.
An ALHL is a government permit that allows a non-Grenadian citizen to legally own land in Grenada. It is applied for after you have agreed to purchase the property and signed a purchase agreement. The cost is approximately 10% of the assessed property value and is a one-time payment. Once obtained, it stays with the property title.
Absolutely. Many of our buyers purchase lots as an investment and plan to build at a future date. There is no strict timeline requirement to build. When you are ready, we can recommend experienced local architects and contractors who are familiar with the development's building guidelines.
Grenada has a stable democratic government, an independent judiciary, and a strong legal system based on English common law — all of which provide excellent protections for property investors. Land titles are registered with the Supreme Court and are legally secure.
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Costs & Pricing
Phase 2 residential lots start from USD $185,000 for inland view lots and go up to USD $310,000+ for beachfront and panoramic view lots. Prices vary by size, location, and view type. Contact our sales team for a current price list as availability and pricing are updated regularly.
Beyond the lot price you should budget for: Alien Land Holding Licence (approx. 10% of property value), Legal fees (2–3%), Stamp Duty (1%), Land survey fees if required, and connection fees for utilities. As a rough guide, budget an additional 12–15% on top of the purchase price for all fees and costs.
Property tax in Grenada is very low — approximately 0.1–0.2% of the assessed value per year for residential properties. There is no capital gains tax, no inheritance tax, and no wealth tax in Grenada, making it a highly tax-efficient jurisdiction for property ownership.
Payment structures are negotiated directly with the developer. Typically a 10% deposit is required to reserve a lot, with the balance due on completion of the ALHL or at an agreed date. Our sales team can discuss flexible payment arrangements for qualified buyers.
Lot prices at Pointe Marquis are quoted in US Dollars (USD). The Eastern Caribbean Dollar (XCD) is pegged to USD at a fixed rate of 2.70 XCD = 1 USD, so there is no currency risk between USD and XCD.
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The Purchase Process
Contact our sales team and select your preferred lot
Pay a reservation deposit (typically 10%) to secure the lot
Instruct a local attorney to conduct due diligence and title search
Sign the Sale and Purchase Agreement
Apply for an Alien Land Holding Licence (non-nationals)
Pay the balance on completion / transfer of title
Register the title at the Supreme Court Land Registry
No. The entire purchase process can be handled remotely through a power of attorney granted to your local attorney. Many of our buyers complete their purchase without ever visiting Grenada, though we do encourage a site visit — the island speaks for itself.
A typical lot purchase takes 3–6 months from reservation to title transfer, with the ALHL process being the primary determining factor. Your attorney will manage this timeline. Cash purchases with an ALHL already in place can be completed faster.
Yes, it is strongly recommended and standard practice to instruct a Grenadian attorney to represent you in any property transaction. They will conduct the title search, prepare or review contracts, apply for the ALHL, and handle the title registration. Our sales team can provide a list of reputable local attorneys.
Yes. Grenada's legal system is based on English common law and all official documents, contracts, title deeds, and government correspondence are in English.
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Ownership & Legal
Yes. You can purchase property through a Grenadian or foreign company, or through a trust structure. Your attorney will advise on the most tax-efficient structure for your circumstances. There may be different ALHL requirements for corporate purchasers.
Yes, you can sell at any time. There is no capital gains tax in Grenada, so your entire profit on sale is yours to keep. A transfer tax of 5% and a stamp duty of 1% are paid by the buyer on resale.
Yes. Rental income from Grenadian property is not taxed in Grenada (no personal income tax). You may need to register with the Grenada Tourism Authority if operating short-term rentals commercially. Our team can advise on the best approach.
Pointe Marquis is an active, fully operational development — Phase 1 sold out and Phase 2 is underway. Your deposit and payments are protected by the Sale and Purchase Agreement. We strongly recommend your attorney includes appropriate protections in the contract.
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Building & Development
Yes. Pointe Marquis has community guidelines that govern building design, setbacks, maximum heights, and materials. These are designed to ensure the development maintains a consistent, high-quality aesthetic and to protect the value of all properties. Guidelines will be provided to you as part of the purchase documentation.
Lots are serviced with access to electricity (GRENLEC), water, and telecommunications infrastructure. Underground cabling is used throughout the development. Connection fees apply. Our team can provide current utility connection details.
Yes. Pointe Marquis features paved internal access roads with proper drainage throughout the development.
You are free to use any qualified architect and contractor. However, all plans must be submitted to and approved by both the Pointe Marquis development management and the Government of Grenada's Physical Planning Unit before construction begins.
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Living in Grenada
Grenada is known as the "Isle of Spice" — a stunning, safe, and welcoming Caribbean island with a population of approximately 115,000. It enjoys a tropical climate, stunning beaches, a rich food culture, and a low crime rate by regional standards. It is home to a growing expat community and excellent healthcare facilities.
Grenada has a tropical climate with year-round temperatures between 24–30°C (75–86°F). The dry season runs from January to May and the wet season from June to December. Grenada sits below the hurricane belt, meaning it has historically experienced fewer hurricanes than other Caribbean islands.
Grenada is served by Maurice Bishop International Airport with direct flights from New York (JFK), Toronto, London (Heathrow via Barbados), and numerous Caribbean hubs including Barbados, Trinidad, and Antigua. Flight time from New York is approximately 4.5 hours.
The Eastern Caribbean Dollar (XCD) is the official currency, pegged to USD at 2.70:1. US dollars are widely accepted across the island, particularly for larger transactions. Major credit and debit cards are accepted at most businesses, hotels, and restaurants.
Grenada has both public and private schools at primary and secondary level, as well as St. George's University — a highly regarded international medical university. The General Hospital in St. George's provides public healthcare and there are several private clinics and specialist facilities on the island.
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Getting Started
Simply contact our sales team by phone, WhatsApp, or email and we will guide you through the process. Once you have selected a lot, a signed reservation agreement and 10% deposit secures it. See our current listings for available lots.
Absolutely — we encourage it. Our team can arrange a site visit and tour of the development at a time that suits you. Contact us and we will coordinate your visit to Grenada and Pointe Marquis.