The real estate market in Grenada remains appealing because it offers some of the region’s most affordable properties in a landscape of unquestioable natural beauty and charm. All this is a relatively stable economic and political climate that is conducive to safe investment.
Ownership of real estate is either by absolute ownership of the freehold interest or by way of temporary ownership i.e. relatively short term rentals. The history of leasehold ownership is rudimentary. Presently, the real estate industry remains relatively unsophisticated with no real estate boards ensuring that individuals are licensed or have expertise in any aspect of real estate.