ST. GEORGE’S, GRENADA –A premier new Citizenship by Investment (CBI) project has been launched in Grenada, offering investors a unique opportunity to secure Grenadian citizenship through ownership in ONE True Blue Beach Hotel. This government-approved real estate development, strategically located on 1.3 acres in Grenada’s sought-after True Blue Bay area, is set for completion in 2027 and promises refined living and strong investment returns.
ONE True Blue Beach Hotel is the second CBI-approved project under the Dickon Mitchell administration, signifying continued confidence in Grenada’s investment climate. The site was acquired in 2018 by Goldblat, a Grenadian-based real estate developer, and construction began in 2024 – well ahead of its approval as a CBI project by the International Migration Agency (IMA) later that year.
A Prime Location with Unparalleled Appeal
Positioned in True Blue Bay, one of the most valuable real estate areas in Grenada, ONE True Blue Beach Hotel is ideally situated to attract investors and visitors alike. Oleg Khomenko, Chief Executive Officer of Goldblat, explains, “It is one of the most in-demand areas in Grenada, and the price per square foot on the land is the most expensive.”
The 70-key boutique hotel boasts breathtaking ocean and mountain views and is within easy reach of Grand Anse Beach, Maurice Bishop International Airport, and St. George’s University-key drivers of international tourism and real estate demand.
International Brand Partnership & Strong Investment Potential
ONE True Blue Beach Hotel has secured an exclusive partnership with a large, globally recognised hotel brand, and will be the first hotel for the brand in Grenada. Additionally, the operations of the project will be undertaken by an equally large, and well-known hotel management brand. Khomenko indicates that the brand will be revealed by the end of Summer 2025.
This collaboration enhances the project’s investment appeal, as does its promising financial outlook. With projected average daily rates of $300 to $350 USD and an expected annual occupancy rate of 65-75%, the hotel presents a sustainable and high-return opportunity.
Investment Benefits & Financial Incentives
Investors, looking to acquire Grenada citizenship can purchase Class B shares at $280,000 USD per share, inclusive of transfer fees, and gain access to:
- Annual returns once the hotel reaches profitability, estimated at a 50% revenue split
- A complimentary one-week stay per year during the five-year holding period
- A developer resale strategy following the mandatory five-year holding period
Refined Living & Sustainability
ONE True Blue Beach Hotel embraces Grenada’s natural beauty, featuring a tranquil beachfront, an open-air gym, a lush garden beach club, and dedicated wellness spaces for meditation and relaxation. Other noteworthy amenities include a sunset, rooftop lounge, a private beach club with an oceanfront pool, and co-working spaces.
Aligned with Grenada’s sustainability agenda, the development incorporates advanced green technologies, including:
- Water-saving systems reducing consumption by up to 70%
- Solar energy solutions to offset electricity use
- Sustainable construction materials built for durability in tropical climates
Exclusive Freehold Residences
Beyond the CBI programme, the development will offer 18 freehold residences for private ownership at full market value. These exclusive homes with expansive contemporary floor plans grant access to premium hotel amenities and a fully managed rental programme for passive income, making them an attractive option for discerning buyers seeking a combination of luxury living and investment potential.
Grenada: A Leading CBI Destination
Ranked as the top CBI destination in the region and third globally in the 2025 Henley & Partners Global Citizenship Index, Grenada continues to appeal to high-net-worth individuals seeking global mobility and a vibrant lifestyle.
My Grenada Solutions is proud to offer direct access to ONE True Blue Beach Hotel. For more information on this investment opportunity and how you may become an owner, contact info@mygrenadasolutions.com.
