RITZ-CARLTON GROUND FLOOR (PIP) RESIDENCE
Seven Mile Beach, Cayman Islands | MLS#: 415740 | Status: New
US$6,500,000
For Sale
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CIREBA MLS LDX feed courtesy of BERKSHIRE HATHAWAY HOMESERVICES CAYMAN ISLANDS
About This Property
One of only 2 ground-floor residences in the Ritz-Carlton, Grand Cayman, Reserve Program, Residence #116 is the most private and exclusive 3 bedroom, 3 bath, beachfront residence at this world-class property. What does it mean to be in the Reserve Program? The Reserve Program is a rental pool of only 24 units comprised of the first three floors of the North Tower of this development. This rental pool and the 24 units are all maintained, managed, marketed, and utilised by The Ritz-Carlton, allowing owners 10 weeks' usage per year and in return offering carefree ownership and ever- increasing triple-net return.* As the owner of Residence #116 you will be welcomed into a grand foyer leading to the expansive great room with breathtaking views to your beachfront paradise. A chef’s kitchen to satisfy even the most discerning culinary critic. You and your guests will enjoy three primary sized rooms all with adjoining ensuites and all with private and direct, beachfront access to Seven Mile Beach. In fact, two of the bedrooms and the main living room are sitting mere steps away – if you reach far enough you may be able to make a sandcastle from your personal covered patio! This triple net return Residence comes with all the amenities of this 5-Star property including your own personal concierge, bellmen, and services provided by the Ladies and Gentlemen of the Ritz-Carlton. Two Golf Course Memberships to Blue Tip Golf Course, designed by Greg Norman, La Prairie Spa, fabulous gym, The Ambassadors of the Environment Kid's Club, two Resort pools, exciting children's splash park, and dining options that are arguably the best in the Caribbean. Residence #116 is the perfect investment for a family or investor wanting to enjoy the capital appreciation of a Cayman Island's residence, with all the benefits of one of the most well-run rental programs in the travel industry. *Please note that in the information data, the income is noted as Gross Income. The words Gross Income are a hard entry and cannot be edited to the Triple Net Income that this figure represents.
Property Features
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Property TypeResidential (Condominium)
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Bedrooms3
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Bathrooms3
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Property Size3050.00 Sq Ft
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Block12C
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DenNo
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Parcel451/3H1H8
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ViewsBeach Front
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Year Built2005
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Sea Frontage600
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FoundationSlab
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Floor Level1
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FurnishedYes
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DenNo
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PoolYes
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).
Email Enquiry to Sloane Rhulen
Neighbourhood
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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