Tourism essentially evaporated in the Grenadine Islands at the onslaught of the pandemic.  After two years, the housing markets on its islands have shifted to favor locals and savvy investors.

Market Overview

According to Paula La Touche-Keller, owner-broker with Century 21 Grenada Grenadines,about half the homes in Grenada (one of the three major islands among the Grenadine’s 600 islands) range from $50,000 to $200,000, 40% range from $200,000 to $350,000 and the rest go from $350,000 to $5M.

The greatest number of foreign buyers tend to live on Grenada however, the country’s most populated and largest (13 square miles) among the Grenadine’s 600 islands in the West Indies is Carriacou.

Due to Carriacou’s unspoiled nature, La Touche-Keller said, “About half of Carriacou’s housing stock is in the $200,000 to $350,000 range.  It’s the main island were people have money.  Over the years, Carriacou has seen a lot of nice homes built by returning Grenadians or the expat market.”

URGENT: Are You Worried About Having A Slower Start To The Year? Don’t Hit The Panic Button, Learn How To Have Massive Success In A Shifting Market. When You Attend This Exclusive Training You Will Learn 17 Surprising Secrets Of The Top 100 $ Millionaire Agents. Claim Your FREE Spot Now. After You Have Attended This Event You Will Experience A Huge Feeling Of Relief Knowing You Will FINALLY Laugh At Your Money Worries – You Will Have Your Own Personalized 2022 Step-By-Step Business And Lead Generation Plan. Learn Now How To Generate 100’s of Motivated Leads for FREE, Without Coming Off As A Pushy Salesperson and Losing Your Soul. You Will Soon Know How To Become One of the 1000s of Agents Making HUGE Money In This Changing Market. Claim your FREE spot now. YES, I Want To Attend The FREE Webinar! <——Click To Register

P.S. Free Webinar, Limited Space. Less Than 300 Spots Still Available. 

This southern Caribbean nation has approximately 110,000 residents located 100 miles north of the Venezuelan coast.

Real Estate Activity

Sales transactions in the Grenadines plunged -6% during 2021.  The 772 homes that were sold within 2021 totaled about $80.5M, according to La Touche-Keller who was also the former president of the National Realtors Association of Grenada.  Approximately 88% of the 772 homes sold in 2021 were acquired by locals.

Foreign interest reawakened in Grenada during Q1 2022.  That foreign interest has been spurred by Grenada’s Citizenship by Investment program.  This program requires an outlay of either $150,000 as a donation or $220,000 in a government-approved real estate project.

The problem?  The government-approved real estate projects are sold out.  Likewise, according to Victoria Williams, broker-owner of Coldwell Banker Grenada, the supply of mid-priced homes is low.

Who’s Buying?

Locals and returning expats are still the majority buyers in the Grenadines however, North Americans are the dominant buyers on Carriacou, according to La Touche-Keller.  Other foreign buyers include those from Germany, Italy, Asia and Africa.

Williams said that most foreign buyers retain a local lawyer to assist with property transactions and obtaining an alien landholding license which costs 10% of a home’s purchase price.  Other charges include a stamp duty of about 1% of the sale price, recording and registration fees and courier and bank charges.


Please choose one answer:

1) I am ready to join EXP Realty. 

2) I am interested in EXP Realty and need more info. 

3) I am not interested in EXP Realty. 


* If you answered “#1” congratulations. You are about to join the fastest-growing real estate company in the world. Tim and Julie Harris are inviting you to join them at EXP Realty. Text Tim directly for the next steps: 512-758-0206. (text only please)

* If you answered “#2” please watch the videos and check out the other intel on this site. . 

* If you answered ‘#3’ no worries. You will want to check out so you can at least know what EXP Realty is and why so many agents are moving to EXP. 

Thanks to The New York Times.

Claim Your FREE Real Estate Treasure Map!