The Luxury Waterfront Condo Hotel

DEVELOPMENTS

DevelopmentGolden 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.

Occupying a breathtaking coastline, 40 self-

catering studios and one-bedroom condos

have been designed to the highest international

standards, to allow for effortlessly stylish indoor

and outdoor living.

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

Condo Hotel a charming offering on the market.

Goldblat is a lifestyle property developer engaged

in the development of residential, hospitality and

commercial projects in Grenada. We are highly

accomplished professionals with vast experience

in prime property investment, development and

management. We are passionate about catering

to the growing needs of property buyers who

value quality living and a finer lifestyle.

Breathtaking CoastlineGolden Coast Condo Hotel will occupy a

breathtaking coastline in the bay. Set apart

by its striking architecture, Golden Coast was

thoughtfully designed to maximize on its stun-

ning surroundings.

Luxury AmenitiesOwners and guests will have access to various

hotel amenities such as a chic bar and lounge,

waterfront deck and jetty for luxury recreation.

A rooftop terrace and infinity pool will offer

seamless seascapes catering to those seeking

an enhanced vacation experience. It’s the

idyllic destination for anyone who longs to be

a few footsteps from a pristine and peaceful

white sand beach.

Location: True Blue BayGolden 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

Within walking distance is St. George’s University (SGU) campus, host to about 10,000 international

medical students and faculty. SGU has become the third-largest provider of doctors for the entire US

workforce 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.

St. George’s University

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.

Grand Anse Beach

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.

St. George’s

Condos at Golden CoastFrom 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.

The golden coast provides whole-ownership, sophisticated style and luxurious finishes at stunning resort destination.

Golden Coast offers freehold studios, and one-bedroom condos ranged between 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.

Studio

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.

One Bedroom

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.

Custom Suite

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.

Flooring

High quality ceramic tiles finishing to living &

bedroom areas and kitchen. Matt ceramic floor

tiles to bathroom and shower.

Decoration

All internal walls painted with warm white

washable stucco emulsion, hardwood internal

doors and decoration.

Kitchen

Composite stone worktop fitted with under-

mounted stainless steel sink with contemporary

chrome finish tap. Feature composite stone back-

splash. Integrated appliances, touch control

ceramic hob and integrated extractor hood, built-

in fridge. Fitted modular design kitchen units in

warm white mat finish or wood.

Bathroom

Contemporary wall mounted shower and glass

shower screen. White ceramic wall mounted

WC. White ceramic wash basins, with chrome

lever mixer tap. Wall mounted mirrors. Ceramic

wall tiles to shower area. Matt finish floor tiles.

Terrace

All projecting terraces have a ceramic tile or

architectural concrete finish.

Internet

Internet connection available in all the condos.

Lighting

Built in recessed LED downlight.

Ceilings

Suspended flat plasterboard ceilings throughout.

Climate Control

All the condos are equipped with advanced air

conditioning system.

Lighting

Built in recessed LED downlights

Furniture

Furniture pack including queen or king size bed

with bedside table, sofa, sideboard, wardrobe

units, dining table and chairs, outdoor furniture

set and interior accessories.*

* Furniture pack is mandatory to participate in a Rental Program.

Construction Commencement1st September 2019

Estimated CompletionEnd of 2020

Estimated Transaction CostsStamp duty1% of the property value

Lawyer’s fees 1-2% of the property value

Alien landholding license (non-nationals)5% of the property value

Estimated Annual Costs

Property tax0.02% per annum of the property value

Estimated service charge US$3 / sq.ft. per annum including estate maintenance,

24/7 security, etc.

Estimated insurance premiumUS$ 800 per annum

Terms & Conditions ▪ A non-refundable reservation fee of $2500 is payable at

reservation and will be deducted from the last installment.

▪ 30% deposit is payable upon exchange, within 30 days

after reservation.

▪ 25% basement ready

▪ 25% building structure ready

▪ 20% balance of the purchase price is payable upon

▪ Estimated completion in Q4 2020.*

*Please ask your sales agent about the different payment

options available.

Reservation DocumentationPlease ensure that you bring the following documents with

you to the marketing suite:

▪ Passport or driver’s license;

▪ A current utility bill or bank statement showing your name

and home address (dated within the last 3 months).

Foreign buyersUnder the regulation, non-nationals are required to obtain

alien landholding license to hold a property in grenada.

The developer’s solicitor will assist with the application

process for the license on your behalf.

The Luxury Waterfront Condo Hotel

Rental ManagementGOLDEN 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.

To participate in a rental program, the owner

is required to enter a Rental Management

Agreement. The rental management company will

be granted the exclusive right to rent and manage

the unit during the term of the agreement.

This agreement is offered to owners intending

to make their residence available for short and

extended stay rental when not in use by the

owner or by the owner’s guests.

Income generated by your property will be

disbursed quarterly after the deduction of

the rental management costs. The rental

management fee is 15% of the adjusted gross

income. Unit owners will be advised to consult on

the legal and tax consequences of participation

in the rental program.

Condominium

The condominium represents a form of

property ownership. The owner individually

owns the unit only and possesses ownership

of common elements in common with all

other owners. Homeowner Association is a

non-profit membership corporation set up to

administer the affairs pertaining to the common

elements. Membership in the Homeowners

Association is mandatory and automatic upon

condo ownership. The tasks of the Association

includes maintenance of the common area

including landscaping, pool, trash removal,

lighting/cooling of the common area, parking

lot maintenance, water, sewer, security, fire

and liability insurance coverage for the building,

establishment and monitoring of a replacement

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.

Caribbean’s fastest growing economy & tourism market

Demand significantly outstripping supply

Growing real estate market

World class university

Grenada

‘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

Real Estate Market

‘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

Economy & Tourism

‘St. George’s University has become the third largest source of doctors for the entire US

workforce’. - US Federation of State Medical Boards

‘Grenada remains the fastest growing economy in Caribbean with positive medium-term outlook’

- Caribbean Development Bank

St. George’s University

About GrenadaGrenada 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.

The DeveloperGoldblat is a Grenadian developer, the first of its kind dedicated to

designing, developing and managing the finest properties in Grenada.

Recognizing the shift in the real estate, tourism and private education

markets, Goldblat and its professional team is pioneering change by

creating exceptional residences of the highest standard, complete with first-

class facilities and services, unlike anything that has gone before. Goldblat

is currently managing an extensive portfolio of upscale hospitality and

residential developments within the South of Grenada.

Contact Us

For more information visit www.goldencoastgd.com or

email us on sales@goldencoastgd.com

Connect with Golden Coast

@goldencoastgrenada

@goldencoastgrenada