A quite achingly beautiful corner of the world, the tri-island country of Grenada is a firm-favourite among luxury vacationers and wealthy ex-pats alike. Boasting an arsenal of stunning white sand beaches, idyllic villages and a booming spice trade, there are so many reasons to pay a visit to Grenada and the nation’s tourism industry is simply flourishing. Buying property in Grenada as an international investor can be expensive – Alien Land Holding Licenses cost 10 per cent of the property’s value, rental income tax is set at a flat rate of 15 per cent and overall transaction costs can hit as high as 40 per cent - the highest in the region by far. However, with year-round demand for properties in a region where there are never enough rooms to go around, Grenada has proved nothing if not consistent.