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PARK PLACE. 7 MILE. 5.2% NET ROI

Seven Mile Beach, Cayman Islands | MLS#: 411022 | Status: Current

US$895,000

For Sale
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CIREBA MLS LDX feed courtesy of WILLIAMS2 REAL ESTATE

About This Property

OPPORTUNITY KNOCKS own this phenomenal investment property netting 5.2% nestled in the heart of the Seven Mile Beach Corridor. This chic, ultra modern condo has an air of elegance and grace, it recently underwent an 100,000 dollar renovation and every single detail of this sophisticated property is five star. Which results in an abundance of 5 star reviews. Walk to Seven Mile beach and dip your toes into the translucent waters of the Caribbean. Walk to many exquisite restaurants and wine bars. Walk to Camana Bay for dining & shopping, cinema, books stores. Gyms, Yoga studios in walking distance too. If you are an investor looking for an exceptional return, or simply want an exceptional condo on the corridor this is the one. Currently rented at CI$3,500 monthly this unit used to gross US$90,000 with airbnb pre covid.

Property Features

  • Property Type
    Residential (Condominium)
  • Bedrooms
    3
  • Bathrooms
    2.5
  • Property Size
    1535.00 Sq Ft
  • Block
    12C
  • Den
    No
  • Parcel
    16H12
  • Views
    Garden View
  • Year Built
    2009
  • Foundation
    Slab
  • Floor Level
    3
  • Furnished
    Yes
  • Den
    No
  • Garage
    No

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Down Payment Required
US$179,000
Mortgage Principal
US$716,000
Monthly Payment
US$3,844
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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Neighbourhood

Seven Mile Beach Corridor

Neighbourhood

Seven Mile Beach Corridor

199+ 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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