By Sheline Chandi
This four-bedroom waterfront townhome is located at Periwinkle, a new development that currently has its second and third phases in pre-construction. You enter the development through a secure gated entrance to arrive at this 3,100-square-foot home, which boasts a spacious open floor plan consisting of four bedrooms and three-and-a-half bathrooms. An enclosed garage and first bedroom are located on the first floor, allowing for a private space for guests.
The kitchen, living and dining area are all located on your second floor. With energy-efficient appliances and a sleek interior design, this will be the perfect place to socialise and relax within your home. The remaining bedrooms are found on the third floor. Each level of this townhome offers an outdoor balcony space, showcasing serene canal views.
Owners of these townhomes have access to their own private dock space, located just 30 feet away. Enjoy access to amenities including a clubhouse, paddleboards and kayaks, a shared BBQ area, a walking path, a kids’ wet zone and play area, and more. Owners will be able to indulge in a farm-to-table grocery delivery service, which will make fresh produce readily accessible. The generous space of the waterfront townhomes at Periwinkle offers families luxurious canalfront living in a secure, private and modern environment.
If an owner decides to purchase and go to contract before 31 December, 2019, their stamp duty will only be paid on the value of the land itself, not on the value of the townhome or property purchase. Owners will receive two contracts; the first an agreement for the purchase of land and the second an agreement to develop the property itself. This exception to the law represents significant savings on stamp duty costs for purchasers and is only in place until the end of 2019.
Periwinkle's design is rooted in New Urbanism, a concept which features shared spaces in order to create a thriving community with a clear focus on sustainable living. Built to prestigious LEED® standards, these homes have low energy bills, use water conservation technology and are built with high-class products to certify a cleaner living environment for residents. This townhome will be completed in the last quarter of 2020.
About the author
Sheline Chandi is the Senior Marketing Coordinator supporting Provenance Properties, the exclusive Christie’s International Real Estate affiliate in the Cayman Islands, representing luxury homes across Grand Cayman, including developer-owned properties including OLEA, the first for-sale residential project at Camana Bay, and The Residences at Seafire. A student of the world, Sheline has been educated in the US Virgin Islands, Cayman Islands, Florida and California, most recently obtaining a Bachelor of Arts Degree in Psychology from UCLA.