Investment Opportunity With A 9% Roi — Property Cayman | Real Estate Experts in the Cayman Islands
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Investment Opportunity With A 9% Roi

House with a Garden View at Savannah

CIREBA MLS LDX feed courtesy of SHORELINE PROPERTIES CAYMAN ISLANDS

About this property

Seize this exceptional investment opportunity with incredible potential for further expansion. This property is already generating substantial income, with reliable tenants in place and a remarkable 9.6% ROI! The main house features 7 bedrooms and 3 bathrooms, plus a separate 1-bedroom apartment, maximizing your rental revenue. Each bedroom currently rents for CI$700 per month, with tenants covering their own utilities, while the owner only pays for internet. The apartment commands a higher rent, bringing the total monthly income to CI$6,000. The spacious main house includes a large living room and dining area, perfect for communal living. The well-equipped kitchen features double stoves, refrigerators, and abundant cabinetry, making it ideal for multiple tenants. A separate laundry room in the backyard adds convenience for residents. The property’s expansive green space creates a peaceful retreat with ample room for future enhancements. With recent roof replacements and meticulous maintenance, this property is move-in ready and poised for continued profitability. This rare investment opportunity won’t stay on the market long. Schedule your appointment today to secure a property that promises immediate returns and long-term growth.

Property Details

Bedrooms: 8Bathrooms: 4
Sqft: 2800View: Garden View
Acreage: 0.2800

Mortgage Estimate

Neighbourhood

Don’t shop around — shop here. Savannah has become an increasingly popular area for families in recent years, especially after the completion of Countryside Shopping Village. Only a 20-minute drive from George Town and close to schools and shopping, this area not only has clothes, but properties of all sizes and varieties. Ocean side, you will find stunning homes perched on the iron shore overlooking the dramatic south facing views. Savannah is also home to Pedro’s Castle and the Agricultural Grounds. This general area is reasonably priced and appeals to young families and those looking for an affordable new-build option — this spot is sure to grow with its new residents as they do.

A short drive out of Savannah, you will come upon the sleepy seaside village of Bodden Town, known for its history as the Island’s first capital, a favourite amongst locals. Bringing a sense of adventure to paradise, Bodden Town features several guest houses for holidaymakers, pirate caves and a world-class restaurant with water deck dining. This quiet neighbourhood has many treasures to unpack; and is as rich in history as its pirate slinging past would have you believe.

A property selection as rich as the local history.

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