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CAYMAN REEF RESORT

Seven Mile Beach, Cayman Islands | MLS#: 413774 | Status: Current

US$999,000

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

About This Property

Poised on one of the most breathtaking beaches in the Caribbean, this one bedroom condominium at the Cayman Reef Resort gives you views of the courtyard, pool and ocean from the kitchen and living room. Very few opportunities to own directly on Seven Mile Beach for under 1million. And even fewer properties on Seven Mile Beach with maintenance & insurance fees under $1000 per month. Consisting of over 750 square feet, this unit has been completely upgraded with updated finishes throughout and unique layout changes to allow for en-suite privileges and separate in suite laundry room. The Cayman Reef Resort is situated close to Camana Bay and other popular tourist attractions such as restaurants and night life, making this unit a turn-key investment opportunity for the savvy investor. The development consists of 200 feet of beach frontage, pool and a tennis court. Optional $50k per annum tenant or do your own short term rentals and earn $75k USD plus. This is an amazing option to own on Seven Mile Beach for lifestyle or for investment that carries itself.

Property Features

  • Property Type
    Residential (Condominium)
  • Bedrooms
    1
  • Bathrooms
    1
  • Property Size
    754.00 Sq Ft
  • Block
    12E
  • Den
    No
  • Parcel
    53H1
  • Views
    Pool View
  • Year Built
    1982
  • Sea Frontage
    200
  • Foundation
    Slab
  • Floor Level
    1
  • Furnished
    Yes
  • Den
    No
  • Garage
    No
  • Pool
    Yes

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Down Payment Required
US$199,800
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US$799,200
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US$4,290
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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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Neighbourhood

Seven Mile Beach Corridor

Neighbourhood

Seven Mile Beach Corridor

184+ Properties

The Caribbean’s most famous address is known for the grand condominiums and residential resorts that line the beach. Diverse neighbourhoods and canal communities can also be found all along the corridor. Popular for single-family homes are Governor’s Harbour, Vista del Mar, Yacht Club, Salt Creek, Canal Point, Snug Harbour and the area developing around the mixed-use town of Camana Bay.

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