Villa for sale in Portici Beach, St George's, Grenada

£3,428,156 (US$4,250,000)
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Villa for sale - 5 bedrooms

5

Property description

LaLuna 5 Bedroom Villa (Ref 3) Morne Rouge Grenada 20,000 sq ft total: 2,945 Interior 1,285 Exterior Covered 1,110 Pool & Deck 14,660 GardenA pristine, newly constructed luxury Caribbean Villa overlooking St. George's Bay on the beautiful West Coast of Grenada. Highly recommended estate where owners enjoy quality management services well as the full boutique resort facilities of the acclaimed LaLuna Beach Resort.

A Private Exclusive Estate LocationLocated on the dramatic coastline of Morne Rouge, in the private and exclusive Laluna Estate.Designed by two acclaimed Italian architects to offer a warm and intimate atmosphere where you can enjoy the casual and unique Caribbean lifestyle.

Full ManagementOwners enjoy full management services from Laluna Estate, who manage both rentals and full maintenance of the villa.Enjoy the benefits of ownership through rental income as well and the full services and amenities of a world class resort like you were a guest.

Nestled between two stunning beaches with direct water / dock access directly below the villa. And conveniently just 10 minutes away from Grenada's capital of St. George's and Maurice Bishop international Airport.The villa is vast and private with the full additional services available as required.

Fully Equipped VillaA fully equipped gourmet kitchen, well-appointed indoor—as well outdoor—living/dining spaces, and a separate spacious roof terrace featuring a barbecue area and outdoor dining space make the Villa ideal for group travellers.

Stunning infinity edge swimming pool and sun deck allow for perfect, relaxing afternoons spent lazing around on comfy chaise lounges, taking in the breathtaking Caribbean Sea views and enjoying the gentle breeze provided by the trade winds.

5 Luxurious bedroomsA pristine property where luxury abounds, with comfortable airy bedrooms one with full private suite facilities. An extra large bedroom suite is available for fuller privacy with a shower, bathtub and extra room with sofa and kitchenette.

All bedrooms feature air conditioning, fans, and individual bathrooms with shower. Bedroom 4 has a shower, bathtub, and extra room with sofa and kitchenette. The Villa includes Cable TV, wireless internet access, wine fridge, fridge/freezer with ice machine, washer and dryer, and garage.

Ocean & Beach viewsEasy Dock / Water Access & Marina Berth IncludedFull Resort Access & Rental Program for Income GenerationPrime West Coast Location5 BedroomsLarge Ocean View PoolsSlightly Elevated LocationLaluna ResortLaguna Resort opened ten years ago with 16 suites, an Italian restaurant, Asian Spa and a Beachfront yoga pavilion. On purchasing a villa on the Estate, you join an exclusive residence club with the full resort services of Laluna available to you.

Special Buying IncentivesNo Stamp Duty (normally 1.5%), and no Property Transfer Tax (normally 10%).Alien Land holding Licenses are fast-tracked by Laluna Estate, and should you want to sell on your villa, Property Transfer Tax would be 2.5% (normally 15% for non citizen)

Rental AgreementVilla Owners sign a rental agreement with Laluna Estate, with the rental fee split 70% to the owner, and 30% to Laluna Resort.

Estimated total income after all expenses & fee's is $81,900USD

Management AgreementVilla Owners sign a management agreement with Laluna Estate to maintain the villas to a high standard; including paying bills (water, electricity, phone/internet, cable, gas), maintenance, cleaning, etc.

Marina 12 metre Berth IncludedIncluded in the sale is a 12 metre berth in Port Louis International Marina in St. George's - managed by Camper Nicholson.

ExpensesGeneral Expenses for upkeep of common areas (gardening, water tank, security, water sports area & jetty, roads, lights, garbage etc) are estimated at $1200USD per month

Property Tax is an estimated $1500 usd per year, Insurance is estimated at $14,000 usd per year.

Estimated total income after all expenses & fee's is $81,900USD

Resort Amenities Include:watersports - Dock just next to the villaMountain bikingYoga & pilates classesSpa servicesGym along with personal trainers optionalItalian restaurantBar and loungeLibrary with books, games and computer access for guestsBoutique for gift and accessoriesFree wireless internetConcierge serviceVilla Services IncludeDaily Maid ServiceDaily Pool ServiceLaundry & Ironing Services (small fee)Concierge ServiceProfessional Services AvailablePersonal trainerWaitress/bartenderPersonal chefButler/personal assistantBabysitter

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Grenadine Villas, and do not constitute property particulars. Please contact Grenadine Villas for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.