Colliers

Castaway Cove Ground Floor Income Producer

USD 575,000

2 Bedrooms
2 Bath
1,330 sq ft
Condominium

Experience effortless island living in this exceptional ground-floor beachfront condo located in peaceful East End in the Cayman Islands. Step straight from your private patio onto a stretch of pristine white-sand beach, where crystal-clear waters and soothing ocean breezes set the tone for pure relaxation. As part of the vibrant Wyndham Resort Grand Cayman, this residence offers the best of both personal comfort and world-class resort amenities. This spacious two-bedroom condo is designed with flexibility in mind. One bedroom can be fully locked off, allowing the property to be rented as either a two-bedroom unit or split into a one-bedroom suite and studio—a valuable feature that significantly maximizes rental potential. The property has demonstrated fantastic rental income, grossing over USD $95,000 per year for the last two years, making it an exceptional investment opportunity. The open-plan layout enhances the airy, inviting feel of the home, while the living area includes two twin Murphy beds for added versatility. Step onto your private beachfront balcony to enjoy uninterrupted views of the Caribbean Sea—perfect for morning coffee, sunset cocktails, or simply unwinding to the sound of gentle waves. Owners and guests enjoy access to Wyndham’s outstanding amenities, including multiple swimming pools, tennis, pickleball, and a basketball court, as well as on-site restaurants, a welcoming beach bar, fitness center, dock access, and world-renowned scuba diving and water sports. Convenience is unmatched with a shopping plaza directly across the street offering a grocery store, additional restaurant options and liquor store. Whether you’re seeking an investment property, vacation retreat, or both, this exceptional beachfront condo delivers the ideal blend of luxury, location, and proven income performance in Grand Cayman.

Location

East End

Considerably less developed than the rest of Grand Cayman, East End combines breathtaking natural beauty with a friendly, small-town feel. Homes and land here are more affordable too, making it an attractive proposition for investors and holiday home owners, along with increasing numbers of full-time residents drawn to its tranquil Caribbean lifestyle.

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Lifestyle

It’s easy to be captivated by East End’s quiet seclusion and unspoiled charm. Inland, it’s barely been touched and offers pristine habitat for Cayman’s native flora and fauna. But it’s the coastline here that’s the real star of the show. Enjoy a picnic at one of the many deserted beaches or sample some of the fantastic restaurants scattered along the coast road — places like Miss Vivine’s Kitchen are not to be missed. There’s great diving on offer too, plus a range of other watersports.

Despite its off-the-beaten-track feel, the area also boasts some impressive local amenities, including two major resorts, Wyndham Reef and Morritt’s, and Health City, a modern hospital with world-class medical facilities.

For prospective house hunters, properties in East End vary from seaside cottages and bungalows to statement oceanfront residences. You could even secure a plot of land and build your very own dream home.

Mortgage estimate

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Your estimated monthly mortgage payment

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These calculations are for guidance only. You will need to contact a mortgage lender directly to find out exactly how much your monthly payments would be.

Colliers

Castaway Cove Ground Floor Income Producer

USD 575,000

CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

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MLS 420025
MLS 420025