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CASTAWAY COVE - 50% OWNERSHIP

Colliers, Cayman Islands | MLS#: 421093 | Status: New

US$220,000

For Sale
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CIREBA MLS LDX feed courtesy of CENTURY 21 THOMPSON REALTY

About This Property

Castaway Cove – Quarter Share Freehold Ownership Quarter Shares C & D Own two quarter shares in a stunning beachfront 2-bedroom, 2-bathroom condominium located in the tranquil and unspoiled district of East End, Grand Cayman. This is not a timeshare — it is genuine freehold ownership. As a quarter-share owner, you hold an interest in COVE 131 LTD, providing three months of personal use per year, per share. With both Quarter Shares C and D, you receive six months of usage annually, allocated through a professionally managed rotational calendar. You can use personally or simply rent out your days. A dedicated management team oversees the day-to-day operation, mainte-nance and upkeep of the property, providing owners with a convenient and hassle-free ownership experience. Flexible Lock-Off Design & Rental Potential This unique lock-off condominium offers excellent flexibility for both per-sonal use and rental income. The property can be enjoyed as a spacious 2-bedroom, 2-bathroom beachfront residence, or separated into: • A beachfront studio • A one-bedroom condominium This configuration provides the opportunity to maximise rental flexibility and income potential. The condominium is fully furnished, beautifully appointed and move-in ready. A Rare Beachfront Investment Opportunity Beachfront quarter-share opportunities at this price point are excep-tionally rare in East End. The property is currently participating in the rental programme managed by The Reef Resort, providing an opportunity to generate rental income while enjoying the benefits of beachfront ownership. Enjoy the dream of owning a piece of Cayman beachfront without the sub-stantial capital outlay associated with purchasing an entire property. A rare opportunity to own beachfront real estate in one of Grand Cay-man’s most peaceful and naturally beautiful locations. For further information or to arrange a viewing, please contact agent.

Property Features

  • Property Type
    Residential (Fractional Ownership)
  • Bedrooms
    2
  • Bathrooms
    2
  • Property Size
    1340.00 Sq Ft
  • Block
    73A
  • Den
    No
  • Parcel
    39H56
  • Views
    Beach Front
  • Year Built
    2003
  • Sea Frontage
    700
  • Foundation
    Slab
  • Floor Level
    1
  • Furnished
    Yes
  • Den
    No
  • Garage
    No
  • Pool
    Yes

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Down Payment Required
US$44,000
Mortgage Principal
US$176,000
Monthly Payment
US$945
Still Owing at End of Term
US$0

Property Location

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

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