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Associations: Wexas and the Association of International Property Professionals (AIPP), Local property Index

Stargrove Villa

Stargrove Villa, La Luna Estate, Mourne Rouge, Grenada (f)

Price: Guide Price USD 2,950,000

Acres: 0.64 acres

Between two beautiful beaches | 5 bedrooms | 5 bathrooms | Infinity Pool | Cliff front villa | Commanding fabulous sea views | Views over Beach

Status: For Sale

Property Details

A once in a lifetime opportunity currently exists to purchase a residence in an unparalleled piece of paradise in the Caribbean which represents a 5 star site often searched for but rarely found. This villa is one of seven villas on a platinum real estate site surrounded by golden beaches and 5 star facilities including a watersports club, Asian spa, gourmet restaurant and top class cocktail bar at La Luna Hotel which is located 5 minutes walk away through the private estate.

Laluna resort opened ten years ago with 16 suites, an Italian restaurant, an Asian Spa and a beach front yoga pavilion, and immediately established itself as the premiere boutique resort on the island attracting jet set clientele from all over the world. (www.laluna.com). In October 2011, The Sunday Times Travel Magazine included Laluna in the list of the 100 Best Hotels in the World.

 

Property Details

  • 5 bedrooms, 5 bathrooms
  • Kitchen, Living, Dining, Media room
  • Stunning pool and deck
  • 0.67 acre cliff front plot
  • Views over the pristine Grand Anse beach and out to sea
  • 3,600 sq ft built interior and exterior area
  • 1,400 sq ft pool and pool deck
  • Location

    Located on the dramatic coastline of Morne Rouge, and conveniently just 10 minutes away from both the capital St Georges’ and Grenada's International Airport, Laluna Estate is a very private and exclusive villa development nestled on 25 acres of prime waterfront land, designed by two acclaimed Italian architects to offer a warm and intimate atmosphere where you can enjoy the casual and unique Caribbean lifestyle.

    Marina Berth Included in sale price

    La Luna partner with Camper & Nicholsons to include a 12 metre berth in the Port Louis International Marina with the price of the Villas. The Marina is located just 10 minutes away from Laluna, or 5 minutes by boat.

    Investment

    The developer has negotiated with the Grenada Government on behalf of their buyers to reduce over all taxes for purchases to be just c. 1.4% reduced from c. 15%.

    The developer has negotiated with the Grenada Government on behalf of their buyers a further exemption since they will have to pay only 2.5% Property Transfer Tax should they choose to sell their villas, instead of the 15% Property Transfer Tax that a non citizen seller pays when sell his property.

    The Estate has a Development Master Plan approved with a very attractive government incentive package. What is special about this project is the unique opportunity to join an exclusive residence club with the resort services of Laluna. The extra work of second- home ownership is replaced with services and amenities only found in the world’s finest resorts, and the opportunity of an extra income. In fact villa owners can benefit of a management contract with Laluna and rent their villas while not using it.

    Destination Information

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    DISCLAIMER: For clarification we wish to inform prospective purchasers that we have prepared these sales particulars as a general guide. We have not carried out a detailed survey, nor tested the services, appliances or specific fittings. Room sizes are not to be relied upon for carpets and furnishings. If these are important matters which are likely to affect your decision to buy, please contact us before viewing the property.

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    Registered office: 5th Floor, Kinnaird House, 1 Pall Mall East, London SW1Y 5AU. Registered number: 05141271.