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PARK PLACE 7 MILE 5.9% NET ROI
(West Bay / North West Point, Cayman Islands)CI$699,000
- 3 Bedrooms
- 2.5 Bathrooms
- 1,535 Sq. Ft.
MLS# 411022
Calling all astute investors! A golden opportunity awaits you - an exceptional investment property nestled in the heart of the sought-after Seven Mile Beach Corrid...
Property Description
Calling all astute investors! A golden opportunity awaits you - an exceptional investment property nestled in the heart of the sought-after Seven Mile Beach Corridor, where a thriving oasis of possibilities awaits. Step into a world of elegance and sophistication as you enter this chic and ultra-modern condo, meticulously renovated with a substantial investment of $100,000 to meet five-star standards. The results have been nothing short of remarkable, as evidenced by the multitude of glowing 5-star reviews received before the Covid era. Imagine being just a leisurely stroll away from the pristine shores of the world-renowned Seven Mile Beach. In just three minutes walk you can find yourself dipping your toes into the crystal-clear waters of the Caribbean. And that's not all - indulge in the culinary delights of numerous exquisite restaurants and wine bars, all conveniently within walking distance. For your shopping and entertainment needs, Camana Bay offers a vibrant hub, with dining, shopping, cinema, and bookstores right at your doorstep. Stay fit and healthy with gyms and yoga studios conveniently located nearby. Now, let's talk returns - the numbers that make this investment even more enticing. Currently generating a steady income of CI$4,400 per month, this condo offers an impressive net yield of 5.8%. But wait, there's more - prior to the pandemic, it boasted an impressive gross income of US$90,000 annually through Airbnb. As the world rebounds and travel bounces back, the growth potential of this investment is poised to be exceptional, making it an irresistible prospect for any investor seeking high returns. This property is a rare gem, ticking all the boxes whether you are a savvy investor looking for a sound financial decision or simply seeking a stunning condo in one of the most desirable locations. Don't let this golden opportunity slip through your fingers. Act now to secure your spot in the thriving Seven Mile Beach Corridor and unlock the full potential of this remarkable investment. Take the plunge into a world of endless possibilities - seize this opportunity and pave your way to success in the lucrative world of real estate investments. Embrace the allure of the Seven Mile Beach Corridor and watch your dreams of prosperity come to life. *Agent Owned
Key Features
Property Type:Residential
Listing Type:Condominium
Property Status:Current
Year Built:2009
Address:West Bay / North West Point
Views:Garden View
Block:12C
Parcel:16H12
Foundation:Slab
Furnished:Yes
Floor Level:3
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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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