Coconut Bay Villas 114 — Property Cayman | Real Estate Experts in the Cayman Islands
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Coconut Bay Villas 114

649,000 US$

Condo with a Water View at West Bay

About this property

This charming and peaceful quintessential Caribbean villa is set amid mature lush landscaping offering magnificent ocean views and breath-taking sunsets. Step outside this ground floor villa and relax on your shaded patio or go ahead and jump straight into one of the two complex swimming pools. Ideal for dive enthusiasts, Coconut Bay boasts some of the best shore diving on Island. This unit has a very well-established rental program making this property a fantastic money-making investment. Grossed approximately US$80,000 in 2019 with a net profit of US$45,000. There is already a solid book of rentals with US$40,000 of guaranteed future income for the period until June 30 2020. Recently renovated with brand new furniture pieces throughout, this really is a turn key investment opportunity.

Property Details

Bedrooms: 2Bathrooms: 2
Sqft: 1276View: Water View
Interior features: TV: Cable, AC: CentralOutdoor Features: Pool, Fence

Mortgage Estimate

Neighbourhood

One of Cayman’s older residential districts situated north of the infamous Seven Mile Beach stretch and largely made up of residential areas that are favoured by both Caymanians and expats alike. With winding tree lined streets and a true island feel, West Bay offers a wide variety of properties ranging from small family homes to executive/luxury homes, condos and land. Governors Harbour is a family-friendly neighbourhood situated just outside of West Bay and in close proximity to Seven Mile Beach and the increasingly popular ‘village’ of Camana Bay. Convenient grocery shopping, retail and lifestyle stores abound, here you will find neighbourhoods, many with canal-front homes in Governor's Harbour, Snug Harbour, Canal Point and Crystal Harbour. As many of these properties border on north sound this area of Grand Cayman is also a boater’s dream. There is a small selection of luxury waterfront homes and some condominiums with a large expat community base.

Loved by locals and close to it all

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