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Begin with the reason for buying
Before comparing properties, decide what the property needs to do for you. A personal residence, long-term rental, holiday property and investment purchase can require very different locations, specifications and management arrangements.
Build the brief
Consider budget, location, property type, bedrooms, access, security, views, proximity to amenities, rental potential, maintenance requirements and whether the property will be occupied year-round.
Understand the total commitment
The purchase price is only one part of ownership. Legal costs, taxes or duties, insurance, maintenance, utilities, property management and improvement works should all be considered before making a decision.
Use appropriate professional advice
Ownership structures, legal requirements and transaction procedures depend on the buyer and the property. Obtain current advice from a qualified Grenadian lawyer and the relevant authorities before committing funds or signing documents.
Think beyond completion
If the property will be rented or left vacant for periods, decide in advance how inspections, maintenance, guest or tenant support, marketing and reporting will be handled.
La Vélique can assist with property search, local context, viewings and ongoing property support. This guide is general information and is not legal, tax or financial advice.