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Real Estate in Calivigny Island, Grenada | Digital Nomad Exchange
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Real Estate in Calivigny Island, Grenada

By Joshua Wood, LPC

Last updated on Nov 07, 2024

Summary: Expats and retirees talk about real estate in Calivigny Island, Grenada? How do you find a home in Calivigny Island? Should you buy or rent? What is the cost of housing?

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What is a typical expat home or apartment like in Calivigny Island?

"Expat homes or apartments in Calivigny Island, are typically luxurious and spacious, designed to provide comfort and a high standard of living. They are often located in close proximity to the beach, offering stunning views of the Caribbean Sea. These homes usually have multiple bedrooms and bathrooms, a fully equipped kitchen, and a spacious living area. Many of these homes also feature outdoor spaces such as patios, balconies, or gardens, where residents can enjoy the tropical climate and beautiful surroundings. Some even have private pools or access to shared community facilities. The architecture and interior design often reflect a blend of Caribbean and colonial styles, with high ceilings, large windows, and bright, airy spaces. The homes are usually furnished, often with high-end appliances and furniture, and may include amenities such as air conditioning, Wi-Fi, and cable TV. Despite being located on a private island, these homes are usually not far from local amenities. Many expats choose to live in gated communities or secure apartment complexes for added security and convenience. In terms of lifestyle, living on Calivigny Island offers a relaxed, laid-back atmosphere. The island is known for its beautiful beaches, clear waters, and lush vegetation, making it a paradise for nature lovers. It's also a short boat ride away from Grenada's mainland, making it easy for expats to explore the rest of the country. Overall, expat homes on Calivigny Island offer a luxurious, comfortable lifestyle in a beautiful, tropical setting," explained one person living in Calivigny Island, Grenada.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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What is the average cost of housing in Calivigny Island?

If you are thinking about moving to Calivigny Island, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Calivigny Island can vary greatly depending on the type and size of the property. Luxury villas and estates on this private island can cost several million dollars. However, smaller homes or condos in the area can be significantly less expensive. It's important to note that as a private island, real estate prices can be higher than the average in Grenada," said one expat who made the move to Calivigny Island.

Should I buy or rent a home in Calivigny Island?

If you have not spent a lot of time in Calivigny Island, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Calivigny Island, largely depends on your personal circumstances and long-term plans. If you plan to stay in Grenada for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. If you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership, renting might be a better option. Renting a home in Calivigny Island offers more flexibility, as you can move more easily if your circumstances change. It also allows you to avoid the upfront costs and responsibilities associated with homeownership. However, renting doesn't allow you to build equity, and you may face annual rent increases. In conclusion, whether you should buy or rent a home in Calivigny Island, Grenada, depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider these factors and possibly consult with a real estate professional before making a decision," remarked one foreigner who made the move to Calivigny Island.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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