Building Costs Grenada

Old Jul 7th 2013, 3:31 pm
  #1  
Just Joined
Thread Starter
 
Joined: Jul 2013
Posts: 7
dennisp52 is an unknown quantity at this point
Default Building Costs Grenada

Hi We are thinking of building a house in Grenada and have seen websites where the cost of building is in us dollars but other sites give the cost of building in EC dollars which means that the costs differ markedly. can anyone give a definitive answer to the question, how much does it cost per sq ft to build a house in Grenada.

many thanks
dennis
dennisp52 is offline  
Old Jul 14th 2013, 1:50 pm
  #2  
BE Forum Addict
 
Joined: Jan 2011
Location: WEYMOUTH, Dorset
Posts: 2,697
Pistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond reputePistolpete2 has a reputation beyond repute
Default Re: Building Costs Grenada

Originally Posted by dennisp52 View Post
Hi We are thinking of building a house in Grenada and have seen websites where the cost of building is in us dollars but other sites give the cost of building in EC dollars which means that the costs differ markedly. can anyone give a definitive answer to the question, how much does it cost per sq ft to build a house in Grenada.

many thanks
dennis
I would guess that your building costs are roughly the same as they would be here in St Lucia even though right now there is a construction stimulus package here so that most standard building materials such as cement, lumber and paint are not at this point subject to VAT.

We are looking at all-in building costs of between EC$150 and EC$250 per square foot depending upon whether one is engaging a small time contractor with ad hoc assistance from a plumber and electrician or a head contractor who functions to both put a full crew together and also manages the project but really is an overhead in terms of cost.

FYI, insurance companies here are typically using EC$200 per square foot for rebuilding costs.

Last edited by Pistolpete2; Jul 14th 2013 at 1:54 pm. Reason: FYI, insurance companies here......
Pistolpete2 is offline  
Old Jul 14th 2013, 2:06 pm
  #3  
Just Joined
Thread Starter
 
Joined: Jul 2013
Posts: 7
dennisp52 is an unknown quantity at this point
Default Re: Building Costs Grenada

Hi Pistolpete
many thanks for your reply it was very helpful and the info was as i had hoped

all the best

dennis
dennisp52 is offline  
Old Jul 31st 2013, 1:20 pm
  #4  
Just Joined
 
Joined: Jul 2013
Posts: 3
tom970 is an unknown quantity at this point
Default Re: Building Costs Grenada


Other building-related questions: I've read somewhere, if you buy land, you have to start building within 2 years - just don't remember if it was St Vincent or Grenada. Is there such a rule or I can buy a piece of land now and start working on it after 5-6 years, when my retirement comes closer?

As non-resident, non-citizen, do I have to pay additional taxes if I develop a property (build)?
tom970 is offline  
Old Jul 31st 2013, 5:58 pm
  #5  
Just Joined
Thread Starter
 
Joined: Jul 2013
Posts: 7
dennisp52 is an unknown quantity at this point
Default Re: Building Costs Grenada

Hi Tom970

i found this over the weekend which may be of some help

http://www.touchedreality.com/about-grenada#comment4040

or this may also assist http://buildgrenada.com/

regards

dennis
dennisp52 is offline  
Old Aug 2nd 2013, 7:40 am
  #6  
Just Joined
 
Joined: Jul 2013
Posts: 3
tom970 is an unknown quantity at this point
Default Re: Building Costs Grenada

Thanks Dennis, haven't found reference on any time-limit rules - which
is good news, if there really are none.


Tom
tom970 is offline  
Old Aug 5th 2013, 7:18 am
  #7  
Just Joined
 
Joined: Jul 2013
Posts: 3
tom970 is an unknown quantity at this point
Default Re: Building Costs Grenada

An important aspect of building in Grenada: one might use up the Nr#1 reason to move there, the beaches:

http://thenewtoday.gd/local-news/201...rning-grenada/
tom970 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.