RU
DE
FR
ES
PT
AR
Global Properties is an online platform offering over 300 properties in Union Island, Saint Vincent and Grenadines. To quickly find the right option, you need two essential tools: an advanced search engine with filters and a sorting function. Use the filters to specify desired parameters such as price, area, number of rooms, location, construction stage, etc. Sort search results by price (ascending or descending), publication date, apartment size or other criteria.
For more information about real estate in Saint Vincent and Grenadines and to arrange a deal, call the seller or contact them through personal messages. The contact details of agencies and developers are listed in each advertisement.
- Minimum real estate prices in Union Island, Grenadines: USD 66,000
- Maximum price: USD 14 million
- Minimum area: 75 m2
- Maximum area: 200 m2
These are the most popular areas:
- Clifton: The main town and commercial hub, offering essential amenities and a vibrant community atmosphere;
- Ashton: A quieter residential setting with scenic views and proximity to natural attractions.
Real estate in Union Island
This part of St. Vincent and the Grenadines offers a unique opportunity for real estate investment. Union Island, situated 63 kilometres southwest of the main island of Saint Vincent, is renowned for its picturesque landscapes and vibrant community. Acquiring property here involves several steps, including obtaining an Alien Land Holding License, which is mandatory for non-nationals. This license requires a police clearance, bank references and a detailed application process, typically facilitated by a local attorney.
The island boasts a robust infrastructure that supports both residents and tourists. Key features include Clifton Harbour, a hub for yachting and marine activities and an airport providing convenient access to other islands and international destinations. Additionally, Union Island is part of the Tobago Cays Marine Park, offering unparalleled marine biodiversity and pristine beaches.
Properties for sale in Union Island are diverse, catering to various preferences and investment goals. Popular types of housing include beachfront villas, offering stunning ocean views and direct access to the beach and residential homes that provide a serene living environment amidst lush tropical surroundings. There are also commercial properties available, particularly in the bustling areas of Clifton and Ashton, ideal for businesses catering to the tourism sector.
Investing in property in Union Island offers more than just owning a piece of paradise; it's about capitalising on a dynamic market. The island's strategic location within the Grenadines, along with its natural beauty and well-developed infrastructure, makes it an attractive destination for vacationers and long-term residents alike. With a thriving tourism sector, property values are expected to appreciate, promising attractive returns on investment.
Reasons for investing in real estate in Union Island
- High Rental Yields: The market of real estate in Union Island for investment offers attractive rental yields, with properties in the city centre yielding up to 13.98% annually. This makes it a lucrative option for investors seeking rental income.
- Market Capitalisation: The overall market capitalisation for property for sale in Union Island and the entire country stands at approximately USD 703 million (1.9 billion Eastern Caribbean dollars) as of 2023. This indicates a robust and growing market, providing a stable investment environment.
- Tourism Growth: Union Island is a key part of the Grenadines, a region experiencing significant tourism growth. Its inclusion in the Tobago Cays Marine Park and its thriving yachting community contribute to a steady influx of tourists, enhancing the demand for rental properties and boosting property values.
- Diverse Housing Options: Investors have access to a variety of investment real estate in Union Island, including beachfront villas, residential homes and commercial properties. This diversity allows for tailored investment strategies, whether the goal is to generate rental income, capitalise on property appreciation or establish a business in the tourism sector.
- Off-Plan Opportunities: Numerous off-plan properties are available, offering investors the chance to purchase at lower prices and benefit from potential appreciation upon completion. These properties often come with buyer incentives and customisation options, adding further value to the investment.
- Strategic Location: Union Island's strategic location within the Grenadines makes it an ideal spot for real estate investment. Its proximity to other popular Caribbean destinations and direct access via the Union Island Airport enhance its appeal to both tourists and long-term residents.
- Legal Framework: The process of acquiring real estate is streamlined with the requirement of an Alien Land Holding License. This ensures a regulated and secure investment environment, protecting investors' interests.
Buying real estate in Union Island, St. Vincent and Grenadines
Investing in villas and apartments in Saint Vincent and Grenadines, particularly on its picturesque islands, is a promising investment due to high rental yields and a growing tourism sector. The process is streamlined, requiring an Alien Land Holding License for non-nationals, ensuring a secure investment environment.
Global Properties simplifies the search for real estate in this Caribbean paradise. With its extensive database, the platform offers a variety of options, from beachfront villas in Saint Vincent and Grenadines to commercial properties. Its user-friendly interface and comprehensive listings make it easy to find the perfect investment opportunity not only on Union Island but throughout the entire country, including modern apartments and luxurious villas in Saint Vincent and Grenadines.