Seven Mile Beach

Ritz-Carlton Ground Floor (Pip) Residence

USD 5,750,000

3 Bedrooms
3 Bath
3,050 sq ft
Condominium

One of only 2 ground-floor residences in the Ritz-Carlton, Grand Cayman, Reserve Program, Residence #116 is the most private and exclusive 3 bedroom, 3 bath, beachfront residence at this world-class property. What does it mean to be in the Reserve Program? The Reserve Program is a rental pool of only 24 units comprised of the first three floors of the North Tower of this development. This rental pool and the 24 units are all maintained, managed, marketed, and utilised by The Ritz-Carlton, allowing owners 10 weeks' usage per year and in return offering carefree ownership and ever- increasing triple-net return.* As the owner of Residence #116 you will be welcomed into a grand foyer leading to the expansive great room with breathtaking views to your beachfront paradise. A chef’s kitchen to satisfy even the most discerning culinary critic. You and your guests will enjoy three primary sized rooms all with adjoining ensuites and all with private and direct, beachfront access to Seven Mile Beach. In fact, two of the bedrooms and the main living room are sitting mere steps away – if you reach far enough you may be able to make a sandcastle from your personal covered patio! This triple net return Residence 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. *Please note that in the information data, the income is noted as Gross Income. The words Gross Income are a hard entry and cannot be edited to the Triple Net Income that this figure represents.

Location

Seven Mile Beach

With its pristine white sands, crystal clear waters and jaw-dropping sunsets, Seven Mile Beach is one of the most sought after locations in the Cayman Islands. You’ll find a wide range of residential offerings here, from condos and penthouses set within high-end resorts to standalone villas overlooking the beach. And when you’re not busy just gazing out to sea, there’s a host of activities to enjoy, along with world-class shopping, dining and entertainment.

Lifestyle

Seven miles of bliss

The sand between your toes, the gentle sound of waves lapping at the shore, the warm Caribbean sun on your face. Living alongside one of the world’s most beautiful beaches is every bit as idyllic as you’d imagine.

Laid back yet cosmopolitan, the Seven Mile Beach neighbourhood has so much to offer, whether it’s dining at award-winning restaurants or paddleboarding and kayaking in gin-clear waters. A popular holiday destination, it’s home to some of the Cayman Island’s most exclusive resorts, such as Kempton Seafire Resort + Spa and The Ritz-Carlton Grand Cayman, which offer luxurious residential opportunities with a wealth of on-site amenities. There are also a number of apartment complexes in the area, as well as private estates.

Wherever you choose, you’ll be just minutes away both from George Town and Camana Bay, giving you easy access to outstanding schools and medical facilities, along with a wealth of shops, restaurants, bars and entertainment.

Mortgage estimate

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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.

Seven Mile Beach

Ritz-Carlton Ground Floor (Pip) Residence

USD 5,750,000

CIREBA MLS LDX feed courtesy of BERKSHIRE HATHAWAY HOMESERVICES CAYMAN ISLANDS

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MLS 415740
MLS 415740

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