Rental Income $522,000 and up - Condo Hotel
The Cayman Islands, among the Caribbean’s most popular destinations, are a paradise with white sands, warm water, and year-round tropical weather conditions. The clear water is ideal for snorkelers to see fish and coral.
Located on Seven Mile Beach, a new five star Grand Hotel is to be built consisting of 190 hotel rooms and 167 condo residences, which are available for purchase.
Residence owners can access all of the 5-star amenities, and when they are not using their unit, place their unit into the hotel’s rental program to generate revenue that offset the costs of ownership.
Among the numerous hotel amenities condo owners can enjoy are:
- Six distinct food & beverage venues
- Three swimming pools & fully-serviced beach cabanas
- Steam and sauna room
- Snorkeling, diving, water sports
- 12,000 sq. Ft. indoor/outdoor wellness spa & fitness center
- Kids club
- 25,000 sq. Ft. conference & meeting areas, the island’s largest function facilities
- State-of-the-art screening room
- Variety of boutique shops
- 24-hour security
- 24-hour room service
- Valet parking, concierge, 24-hour front desk
Grand Cayman offers a relaxed tropical island lifestyle and beautiful weather. It is an English-speaking island ruled by British law. The government is stable and debt-free. U.S. dollars are widely accepted, and foreigners are allowed to own property. Ownership is freehold and title is guaranteed by the government.
The units offer options for studios and one-, two-, and three-bedroom residences. Pre-construction prices range from $522,000 to $4,997,000 USD for the last remaining penthouse.
To request a detailed property data sheet contact Joel Greene at Condo Hotel Center.