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: CentralAcreage: 0.0000
Outdoor Features: Pool, Fence

Neighbourhood

The perfect place to coast through the days (on the coast, naturally), West Bay takes suburban bliss to the next level. One of Cayman’s older residential districts situated north of the infamous Seven Mile Beach stretch, this area is largely made up of residential spaces. And while the area may be situated on the westside of the island, its lifestyle is front and centre; with winding tree-lined streets, a true island feel, and a wide variety of properties ranging from small family homes to luxury estates, condos and land.

Located just outside of West Bay, trading front porches for private canals, you’ll find neighbourhoods such as Governor’s Harbour, Snug Harbour, Canal Point and Crystal Harbour (and it doesn’t take much to sea the difference). Close proximity to Seven Mile Beach and Camana Bay. Convenient grocery shopping, retail and lifestyle stores abound. This area of Grand Cayman is also a boater’s dream, with a small selection of waterfront homes and condominiums directly on the North Sound, making waves in the local real estate scene.

(Canal) front of mind.

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