There are three structurally different ways to put money into The Point at Petite Calivigny — a debenture, a subscription of shares in the operating company, or the outright purchase of a residence — and they convey very different rights. It is the thing buyers here routinely miss, and it decides more about what you end up owning than anything on the floorplans: confirm in writing which one your money is actually buying before you get as far as choosing a unit. Behind that question sits a small, gated waterfront residence club on Grenada's south coast, with its own marina, tucked beside a protected marine sanctuary — not the biggest or most famous development on the island, but for the right buyer one of the more characterful.
The short answer
The Point at Petite Calivigny is a boutique private residence club on an 11-acre estate on Grenada's south coast, beside the Woburn Bay marine sanctuary. It's small by design — twelve condominiums (the Beau Jardin collection) and a short row of stand-alone Antibe Villas; I'd pin that villa number down before relying on it, because the developer's own material calls them three in one place and four in another. Amenities include a gym and wellness centre, yoga pavilion, a private-access beach and a private deep-water marina taking up to twelve yachts with drafts to twenty feet. An adjacent phase, Calivigny Point Estates, offers gated oceanfront and ocean-view building lots. On currently published pricing, two-bedroom condominiums have been listed around US$750,000, the last remaining three-bedroom villa at US$1,595,000, and waterfront lots around US$355,000 for roughly a third of an acre. Availability is genuinely thin — the developer lists its live inventory as one villa and five seaview residences — so treat anything you read as a snapshot and ask for today's list in writing.
Why the setting works
The appeal here is intimacy and water access, not scale. Sitting beside the Woburn Bay marine sanctuary on Grenada's sheltered south coast, The Point offers calm, protected water, direct island and ocean views, and a marina on your doorstep — a genuine draw for anyone whose lifestyle revolves around boats. This is Grenada's yachting corner: Prickly Bay, Mount Hartman and the island's sailing infrastructure are all close by.
Small developments like this trade privacy and a tight-knit feel for the amenity depth of a big resort. For a buyer who wants a quiet, well-finished waterfront base with a berth for a boat — rather than a large branded resort with a rental machine — that's exactly the point.
What's actually on offer
Three distinct products sit here, and they suit different buyers:
- Condominiums (reported ~12, two-bedroom) — the most accessible way in; lower-maintenance, lock-and-leave.
- Stand-alone villas (reported ~4, three-bedroom) — more space and privacy, finished with local Greenheart wood and private pools.
- Estate lots at the adjacent Calivigny Point Estates — oceanfront and ocean-view parcels to build your own home, with the private marina (reported to accommodate up to ~12 yachts) as the shared draw.
Buying a finished condo or villa is a very different commitment from buying land to build. The former is turnkey; the latter means a construction project on a small island, with the timeline, budget and management that entails. Be clear which you're taking on. This is the standard pre-purchase diligence I run through in the off-plan due-diligence checklist.
The honest read on value
Let me be straight, because it's useful to you. The Point is a niche, boutique asset, not a blue-chip trophy address like Grand Anse beachfront. That's not a criticism — it's a positioning fact with two consequences. On the upside, you get genuine character, water access and privacy for less than the island's top-tier prices. On the downside, a small, specialised development has a narrower resale market than a marquee address, and its rental demand depends on the boating and quiet-luxury niche rather than mass tourist flow. Underwrite it as a lifestyle buy you'll genuinely use, with resale a patient, secondary consideration — not as a liquid investment play.
Citizenship by investment
Grenada runs one of the region's strongest citizenship-by-investment programs — uniquely supporting the US E-2 visa route, with strong visa-free travel and no residency requirement. The Point at Petite Calivigny is named on the Investment Migration Agency's published list of approved projects, and shared-ownership entry starts at US$270,000 — which is not a project-specific price so much as Grenada's national floor for a shared or fractional real-estate application. Read that floor carefully: under S.R.O. 15 of 2024 the US$270,000 figure is a per-share minimum that qualifies only where the joint purchase totals US$540,000 or more. A sole buyer taking full title needs US$350,000. Two things buyers routinely miss. First, the fees stack: the government takes a US$50,000 fee on the real-estate route, plus application, due-diligence, processing and interview fees for each person on the file. Second, The Point offers three structurally different ways in — a debenture, a subscription of shares in the operating company, or the outright purchase of a residence — and they convey very different rights. Confirm in writing which one your money is actually buying and that it qualifies, and weigh the whole thing against a straight government contribution (US$235,000 to the National Transformation Fund), which I compare in donation versus real estate and the five-program guide.
How it compares in Grenada
The Point is the boutique, boat-focused option. Set it against the freehold trophy villas at Silversands on Grand Anse, the share-structured Six Senses La Sagesse, and the Hilton-branded One True Blue residences. Each solves a different brief — The Point's is intimacy and water access on the south coast. The Grenada market guide and what a Caribbean budget really buys put it in context.
Who it suits
It suits a buyer who wants a quiet, characterful waterfront home or berth on Grenada's south coast, values privacy and boating over resort scale, and intends to use the property genuinely for the long term.
It suits less well a buyer who needs a liquid, mass-market resale asset, wants deep resort amenities and a big rental engine, or is buying primarily for citizenship without checking a specific unit's approved status.
Before you commit
The diligence that matters: which product you're buying (turnkey unit versus build-it-yourself lot), the true all-in cost including any construction, the service charges and marina terms, the realistic resale and rental picture for a niche development, and — if it matters — whether the property is genuinely CBI-approved. On a development this small, offering three different ways to own into it, pinning down which one you hold is the whole job.
Book a private call and I'll tell you honestly whether The Point fits what you're after — and how it compares to Grenada's other south-coast and beachfront options. Or start with the Grenada market.
Key takeaways
- The Point at Petite Calivigny is a boutique waterfront residence club on ~11 acres on Grenada's south coast, beside a marine sanctuary.
- Small by design — reported ~12 condos and 4 villas, plus a private deep-water marina and adjacent estate lots to build on.
- The draw is intimacy and boat access, not resort scale or a big rental machine.
- It's a niche asset — genuine character for less than top-tier prices, but with a narrower resale market.
- Buying a finished unit differs sharply from buying land to build — be clear which you're taking on.
- It's a designated Grenada CBI-approved project — shared-ownership entry is US$270k per share, and only on a joint purchase totalling US$540k or more; a sole buyer needs US$350k. Confirm the specific unit meets the current threshold.
Frequently asked questions
What is The Point at Petite Calivigny? It's a small, gated luxury residence club on about 11 acres on Grenada's south coast, beside the Woburn Bay marine sanctuary. It has been reported to include around 12 condominiums and 4 stand-alone villas, plus amenities such as a gym, yoga pavilion, a small private beach and a private deep-water marina.
What can you buy there? Three things: two-bedroom condominiums, three-bedroom stand-alone villas, and — at the adjacent Calivigny Point Estates — oceanfront and ocean-view building lots on which to construct your own home. Confirm current availability and pricing across all three before committing, as they suit very different buyers.
Does it have a marina? Yes. A private deep-water marina is a defining feature, reported to accommodate a number of yachts with meaningful draft. That, plus its position beside a protected marine sanctuary on Grenada's sheltered south coast, makes it particularly suited to boat-owning buyers.
Does The Point qualify for citizenship by investment? Yes — The Point at Petite Calivigny is a designated Grenada CBI-approved development, with shared-ownership entry from US$270,000. That US$270,000 figure carries a condition: under S.R.O. 15 of 2024 it is a per-share minimum that qualifies only where the joint purchase totals US$540,000 or more, while a sole buyer taking full title needs US$350,000. A qualifying purchase can support citizenship, but confirm the specific unit or share meets the current price threshold in writing, and weigh the real-estate route against a government contribution.
Is The Point a good investment? It's best viewed as a lifestyle buy you'll genuinely use rather than a liquid investment. As a niche, boutique development it offers real character and water access for less than top-tier prices, but its resale market is narrower and rental demand depends on the boating and quiet-luxury niche. Underwrite it as a long hold.
Where is The Point at Petite Calivigny? On Grenada's south coast, near Woburn Bay and the island's yachting infrastructure, with views toward Calivigny and Hog Islands. It sits in the sheltered, boat-friendly part of the island, close to Prickly Bay and a short drive from St George's and the airport.
