$3,450,000
$3,450,000
Lexus Inn
Apartment · Belmont, St George
Apartment · 20 bedrooms · 38331
Listed by Island Reality GrenadaView details
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Property for sale in Grenada
1 properties in Grenada
$3,450,000
While you are looking
Geography
Where is the biggest price gap in Grenada?
The median home in Belmont, St George asks $3,450,000; in Petite Calivigny, St George it asks $5,000. Same island, 690.0× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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What things cost
Which bedroom costs the most in Grenada?
Going from 3 bedrooms to 4 adds $730,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 4-bed house is not a 3-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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The market
How concentrated is Grenada's market?
Three agents hold 73% of everything advertised — 127, 96, 35 listings out of 354. 5 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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