CIREBA MLS LDX feed courtesy of CORCORAN CAYMAN ISLANDS
Laguna Del Mar Penthouse
US$4,900,000
Seven Mile Beach, Cayman Islands
- 1989Year Built
- 420894MLS#
- 2,650Sq. Ft.
- 3
- 3
Register
Interest
Bettina Baldwin
If you are looking to buy, sell or rent Bettina Baldwin would be pleased to assist with your inquiries.
Alexander Cowan
If you are looking to buy, sell or rent Alexander Cowan would be pleased to assist with your inquiries.
Bill Baldwin
If you are looking to buy, sell or rent Bill Baldwin would be pleased to assist with your inquiries.
Josephine Malonzo
If you are looking to buy, sell or rent Josephine Malonzo would be pleased to assist with your inquiries.
Description
Today, this turnkey penthouse is fully equipped for immediate enjoyment but is also a very significant investment opportunity on Seven Mile Beach with substantial built-in appreciation. The purchaser will be able to participate in a complete redevelopment that has been approved by the strata ownership to create a signature ultra high end resort. The redevelopment plan, which is now well advanced following approval of the concept, is the work of a reputable international developer that already has a footprint on Seven Mile Beach. It provides for a substantial increase in the existing internal square footage of this unit while maintaining its wide oceanfront prospect on an upper floor as well as many other amenities consistent with the resort’s character. Meanwhile the unit’s prime beachfront location makes it exceptionally attractive for vacation rentals, delivering strong occupancy rates in one of the Caribbean’s most sought after destinations. Uniquely for properties of this kind on Seven Mile Beach, the redevelopment will facilitate continued use for rentals. Please inquire for more information including design plans and related details. Price will increase as the project advances.
Property Details
Property Type: Residential
Listing Type:Condominium
Property Status: Pen/Con
Address: Seven Mile Beach
Views: Beach Front, Water Front
Block: 12E
Parcel: 77H19
Foundation: Slab
Garage: 1
Floor Level: 3
Sea Frontage: 400
Amenities
| Pool | Furnished |
Neighbourhood
Seven Mile Beach
Continually voted in the top 10 beaches in the World and recently considered "The Caribbean's Best Beach", Seven Mile Beach is the most popular and well-known area in Grand Cayman, with easy access to various amenities, restaurants, and retail shops. Home to luxury resorts, condominiums, and hotels, Seven Mile Beach is the heart of Cayman's tourism scene. This is an ideal area for beachfront condominiums, holiday homes and investment opportunities for residents that enjoy easy access to the ocean and miles of white sandy beach. With a host of restaurants, shops, nightclubs and watersports' activities to enjoy, Seven Mile Beach offers Caribbean luxury living at its very best in one of the safest countries in the world.
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).
Address
P.O. Box 30713, JJT Warehouses,
81 Industrial Park,
Grand Cayman, Cayman Islands
81 Industrial Park,
Grand Cayman, Cayman Islands
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Phone: +1-345-916-7766
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