The Luxury Waterfront Condo Hotel - Golden Coast
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The Luxury Waterfront Condo Hotel
Development
Golden Coast Condo Hotel presents an
exciting investment opportunity to own a luxury
vacation property and to gain an attractive
return generated by a world-renowned hotel
management company.
Golden Coast will offer its guests an upscale
short and extended stay accommodation option
in True Blue Bay, the most desirable and fastest
growing area in Grenada. Breathtaking Coastline
Occupying a breathtaking coastline, 40 self- Golden Coast Condo Hotel will occupy a
catering studios and one-bedroom condos breathtaking coastline in the bay. Set apart
have been designed to the highest international by its striking architecture, Golden Coast was
standards, to allow for effortlessly stylish indoor thoughtfully designed to maximize on its stun-
and outdoor living. ning surroundings.
Luxury waterfront suites offering unhindered views
of a brilliant blue sky and glistening Caribbean sea,
make it an ideal destination for convenient stays
and vacation throughout the year.
Residents and guests can enjoy total privacy,
along with exclusive hotel amenities not
accessible to the public.
In each condo, the most memorable seascapes
and sunsets in Grenada can be adored from a
spacious private terrace, making Golden Coast Luxury Amenities
Condo Hotel a charming offering on the market.
Owners and guests will have access to various
Goldblat is a lifestyle property developer engaged hotel amenities such as a chic bar and lounge,
in the development of residential, hospitality and waterfront deck and jetty for luxury recreation.
commercial projects in Grenada. We are highly A rooftop terrace and infinity pool will offer
accomplished professionals with vast experience seamless seascapes catering to those seeking
in prime property investment, development and an enhanced vacation experience. It’s the
management. We are passionate about catering idyllic destination for anyone who longs to be
to the growing needs of property buyers who a few footsteps from a pristine and peaceful
value quality living and a finer lifestyle. white sand beach.
Location: True Blue Bay Golden Coast sits on a charming coastline in True Blue Bay - one of the most sought-after residential neighbourhoods in the South of the island. It’s perfectly placed for residents and guests to enjoy the peace and tranquillity of the tropics, with close access to the buzz of Grenada’s tourism hub.
Location
St. George’s University
Within walking distance is St. George’s University (SGU) campus, host to about 10,000 international
medical students and faculty. SGU is the second largest source of physicians in the US healthcare
system and the last 15 years has seen a continuous growth in admissions. This has created a high
demand for an upscale short and extended stay accommodation option in the True Blue Bay area.
Grand Anse Beach
A 10-minute drive will lead you to Grand Anse Beach - rated one of the best beaches in the
world by readers of the most established global luxury travel publications. Maurice Bishop
International Airport is a five-minute drive from Golden Coast Condo Hotel. Within 15 minutes
you’ll find historical sites and attractions in Grenada’s capital city, St. George’s.
St. George’s
True Blue Bay offers the best of modern necessities, and authentic island life. In the south of
the island, residents and guests are surrounded by acclaimed boutique hotels, yacht marinas,
a diverse culinary offering, booming nightlife scene, exhilarating water sports and captivating
snorkeling and scuba diving.
The golden coast provides whole-ownership,
sophisticated style and luxurious finishes at
stunning resort destination.
Condos at Golden Coast
From stylish studio and one-bedroom homes to custom multi-bedroom penthouses, Golden
Coast Condo Hotel offers exquisite residences with different floor plans. Each residence
features majestic views, bespoke details, stylish finishes and elegant living spaces for relaxing or
entertaining. Caribbean dreams are found here.
Studio Golden Coast offers freehold studios, and one-bedroom condos starting from 500 sq. ft and upwards. Each luxury condo is designed for stunning integration of indoor and outdoor beauty. Spacious living and dining areas feature clean lines and contemporary fixtures. Large windows and a private terrace offer panoramic views of the sunrise, sunset and yachts coming into the bay. One Bedroom Our contemporary designed tropical style condo units are fully furnished with high-quality fixtures, fittings and air conditioning systems. Each Condo has a creatively designed kitchen, living area, ensuite bathroom and a bedroom with a king-size bed, and a spacious terrace overlooking the Caribbean sea. Custom Suite Unable to find a condo suitable for your needs? Our Selling Agents or a Developer can pro- vide you with additional layout options available upon your request.
Condo Specification
Building Structure
Reinforced concrete frame on reinforced
concrete piled foundations. External walls with
quality stucco finish and precast cladding.
Floors
Reinforced concrete slab with appropriate
floor finishes.
Windows
Double glazed energy efficient hurricane proof
aluminium frame windows and doors including
opening lights with a durable powder coated
finish. Advanced energy saving glass. Terrace
Flooring All projecting terraces have a ceramic tile or
architectural concrete finish.
High quality ceramic tiles finishing to living &
bedroom areas and kitchen. Matt ceramic floor Internet
tiles to bathroom and shower. Internet connection available in all the condos.
Decoration Lighting
All internal walls painted with warm white Built in recessed LED downlight.
washable stucco emulsion, hardwood internal
doors and decoration. Ceilings
Suspended flat plasterboard ceilings throughout.
Kitchen
Composite stone worktop fitted with under- Climate Control
mounted stainless steel sink with contemporary All the condos are equipped with advanced air
chrome finish tap. Feature composite stone back- conditioning system.
splash. Integrated appliances, touch control
Lighting
ceramic hob and integrated extractor hood, built-
in fridge. Fitted modular design kitchen units in Built in recessed LED downlights
warm white mat finish or wood. Furniture
Bathroom Furniture pack including queen or king size bed
Contemporary wall mounted shower and glass with bedside table, sofa, sideboard, wardrobe
shower screen. White ceramic wall mounted units, dining table and chairs, outdoor furniture
WC. White ceramic wash basins, with chrome set and interior accessories.*
lever mixer tap. Wall mounted mirrors. Ceramic * Furniture pack is mandatory to participate in a
wall tiles to shower area. Matt finish floor tiles. Rental Program.
Construction Commencement Terms & Conditions
1st September 2019 ▪▪ A non-refundable reservation fee of US$2500 / EC$6775
is payable at reservation and will be deducted from the
Estimated Completion last installment.
End of 2020 ▪▪ 30% deposit is payable upon exchange, within 30 days
after reservation.
Estimated Transaction Costs ▪▪ 25% basement ready
Stamp duty ▪▪ 25% building structure ready
1% of the property value ▪▪ 20% balance of the purchase price is payable upon
Lawyer’s fees ▪▪ Estimated completion in Q4 2020.*
1-2% of the property value *Please ask your sales agent about the different payment
options available.
Alien landholding license (non-nationals)
Reservation Documentation
5% of the property value
Please ensure that you bring the following documents with
Estimated Annual Costs you to the marketing suite:
▪▪ Passport or driver’s license;
Property tax
▪▪ A current utility bill or bank statement showing your name
0.02% per annum of the property value
and home address (dated within the last 3 months).
Estimated service charge
Foreign buyers
US$3/ EC$8.13 sq.ft. per annum including estate
Under the regulation, non-nationals are required to obtain
maintenance, 24/7 security, etc.
alien landholding license to hold a property in grenada.
Estimated insurance premium The developer’s solicitor will assist with the application
US$800 / EC$2168 per annum process for the license on your behalf.
The Luxury Waterfront Condo Hotel
Rental Management
GOLDEN COAST Condo Hotel provides owners
with an attractive opportunity to have their
property managed by a world-renowned hotel
management firm.
TRUST Hospitality, a US-based full-service hotel
management company, works with the Developer
to assure owners with high occupancy and rates
while maintaining high standards to maximize
investment returns and property value.
TRUST Hospitality exists to assist hotel owners
with maximizing their investment value. For over
25 years, Trust Hospitality has been operating
boutique and branded hotels within the Americas
and Caribbean. Condominium
To participate in a rental program, the owner The condominium represents a form of
is required to enter a Rental Management property ownership. The owner individually
Agreement. The rental management company will owns the unit only and possesses ownership
be granted the exclusive right to rent and manage of common elements in common with all
the unit during the term of the agreement. other owners. Homeowner Association is a
non-profit membership corporation set up to
This agreement is offered to owners intending administer the affairs pertaining to the common
to make their residence available for short and elements. Membership in the Homeowners
extended stay rental when not in use by the Association is mandatory and automatic upon
owner or by the owner’s guests. condo ownership. The tasks of the Association
Income generated by your property will be includes maintenance of the common area
disbursed quarterly after the deduction of including landscaping, pool, trash removal,
the rental management costs. The rental lighting/cooling of the common area, parking
management fee is 15% of the adjusted gross lot maintenance, water, sewer, security, fire
income. Unit owners will be advised to consult on and liability insurance coverage for the building,
the legal and tax consequences of participation establishment and monitoring of a replacement
in the rental program. fund, accounting and other items that pertain to
the property commonly owned. Condominium
Declaration and Bylaws will be provided upon
the signing of the Reservation Agreement. All
the owners will pay a condominium service
charge to cover the expenses related to building,
common areas and facilities maintenance.Grenada
Caribbean’s fastest growing
economy & tourism market
Growing real estate market
World class university
Demand significantly
outstripping supplyAbout Grenada
Grenada is fast becoming a shining star of the Caribbean property investment
market. Historically, the Grenadian property market was driven by domestic
buyers, but with the high demand, attractive investment returns and relatively
inexpensive assets, it has recently seen a swarm of international interest.
Known as Pure Grenada, The Spice of the Caribbean it boasts rain forests, hot
sulphur springs, rivers, waterfalls and beautiful beaches with crystal clear azure
waters. Grenada remains the fastest-growing economy in the region, with an
average growth rate of 5% for the last six years.
Real Estate Market
‘Total Annual Real Estate Sales in Grenada doubled between 2013 to 2017 and showed a
continuation of strong growth of 26% in 2018, the highest sales volumes in the 10-years that we
have been recording the data.’ - Century 21 Grenada
‘Grenadines “Grenada remains one of Caribbean fastest growing tourism destinations over the
last five years.’ - Caribbean Tourism Organization
Economy & Tourism
‘Pure Grenada, the Spice of the Caribbean achieved a historic milestone in 2018 welcoming
more than half a million visitors to the destination’s shores. The combined cruise, yachting and
stay over arrivals for 2018 was 528,077 representing a 12.90% increase over 2017’.
- Grenada Tourism Authority
St. George’s University
‘St. George’s University is the second largest source of physicians in the US healthcare system’.
- US Federation of State Medical Boards
‘Grenada remains the fastest growing economy in Caribbean with positive medium-term outlook’
- Caribbean Development BankThe Developer Strengthening the benefits of each property for it’s future residents. Creating added value for the company and our investors. GOLDBLAT is a real estate investment and development company dedicated to developing, market- ing and managing prime residential and hospitality properties in Grenada, West Indies. GOLDBLAT offers investors fully managed property investment opportunities with attractive returns and capital appreciation projected in Grenada’s best residential and hospitality developments. Recognizing the shift in tourism, real estate and private education markets, GOLDBLAT and its profes- sional team is pioneering change by creating exceptional residences. These residences have first-class facilities and services of the highest standard, unlike anything currently offered in the market. We will seek and secure a location, control the design and construction process and provide market- ing, tenanting and property management services. This allows us to offer real estate investments where we can ensure efficiency and take full responsibility at all stages of investment performance.
Contact Us
For more information visit www.goldencoastgd.com or
email us on sales@goldencoastgd.com
Connect with Golden Coast
@goldencoastgrenada
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