RITZ-CARLTON GROUND FLOOR BEACH FRONT (PIP) RESIDENCE

  • US$6,500,000
Seven Mile Beach, Cayman Islands

RITZ-CARLTON GROUND FLOOR BEACH FRONT (PIP) RESIDENCE

Seven Mile Beach, Cayman Islands
  • US$6,500,000

CIREBA MLS LDX feed courtesy of DIAMOND PROPERTIES

Overview

MLS#: 415255
  • Condominiums, Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • No
  • Garage
  • 3050
  • Sq Ft
  • 2005
  • Year Built
  • City Seven Mile Beach
  • Area 25
  • Country Cayman Islands

Description

One of only 4 ground-floor residences at the Ritz-Carlton, Grand Cayman, Residence #116 is part of the Reserve Program. This “Reserve” ownership opportunity, allows investors to own their unit 100%, at the same time as offering fabulous rental returns and no maintenance fees!
There are only 26 units in the Reserve Program comprising of the first three floors of the North Tower of the development. This rental pool is wholly managed, marketed, and utilised by The Ritz-Carlton allowing owners 10 weeks’ usage per year and in return offering owners carefree ownership and eve- increasing income.
This triple net return 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.

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Details

Updated on November 26, 2022 at 3:01 pm
  • MLS#: 415255
  • Price: US$6,500,000
  • Property Size: 3050 Sq Ft
  • Bedrooms: 3
  • Bathrooms: 3
  • Garage: No
  • Year Built: 2005
  • Property Type: Condominiums, Residential
  • Property Status: New

Additional details

  • Views: Beach Front
  • Sea Frontage: 600
  • Pool: No
  • Den: No
  • Pets Allowed: Yes
  • Foundation: Slab
  • Furnished: Yes
  • Block: 12C
  • Parcel: 451/3H1H8
  • Floor Level: 1

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