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CASTAWAY COVE - 50% OWNERSHIP
(Eastern Districts of Grand Cayman, Cayman Islands)US$220,000
- 2 Bedrooms
- 2 Bathrooms
- 1,340 Sq. Ft.
MLS# 421093
Castaway Cove – Quarter Share Freehold Ownership Quarter Shares C & D Own two quarter shares in a stunning beachfront 2-bedroom, 2-bathroom condominium located i...
Property Description
Castaway Cove – Quarter Share Freehold Ownership Quarter Shares C & D Own two quarter shares in a stunning beachfront 2-bedroom, 2-bathroom condominium located in the tranquil and unspoiled district of East End, Grand Cayman. This is not a timeshare — it is genuine freehold ownership. As a quarter-share owner, you hold an interest in COVE 131 LTD, providing three months of personal use per year, per share. With both Quarter Shares C and D, you receive six months of usage annually, allocated through a professionally managed rotational calendar. You can use personally or simply rent out your days. A dedicated management team oversees the day-to-day operation, mainte-nance and upkeep of the property, providing owners with a convenient and hassle-free ownership experience. Flexible Lock-Off Design & Rental Potential This unique lock-off condominium offers excellent flexibility for both per-sonal use and rental income. The property can be enjoyed as a spacious 2-bedroom, 2-bathroom beachfront residence, or separated into: • A beachfront studio • A one-bedroom condominium This configuration provides the opportunity to maximise rental flexibility and income potential. The condominium is fully furnished, beautifully appointed and move-in ready. A Rare Beachfront Investment Opportunity Beachfront quarter-share opportunities at this price point are excep-tionally rare in East End. The property is currently participating in the rental programme managed by The Reef Resort, providing an opportunity to generate rental income while enjoying the benefits of beachfront ownership. Enjoy the dream of owning a piece of Cayman beachfront without the sub-stantial capital outlay associated with purchasing an entire property. A rare opportunity to own beachfront real estate in one of Grand Cay-man’s most peaceful and naturally beautiful locations. For further information or to arrange a viewing, please contact agent.
Key Features
Property Type:Residential
Listing Type:Fractional Ownership
Property Status:New
Year Built:2003
Address:Eastern Districts of Grand Cayman
Views:Beach Front
Block:73A
Parcel:39H56
Foundation:Slab
Furnished:Yes
Floor Level:1
Sea Frontage:700
Pool:Yes
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*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).
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