Laguna Del Mar Penthouse — Property Cayman | Real Estate Experts in the Cayman Islands
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Laguna Del Mar Penthouse

Condo on the Beach Front at Seven Mile Beach

CIREBA MLS LDX feed courtesy of CORCORAN CAYMAN ISLANDS

About this property

Today, this turnkey penthouse is fully equipped for immediate enjoyment but is also a very significant investment opportunity on Seven Mile Beach with substantial built-in appreciation. The purchaser will be able to participate in a complete redevelopment that has been approved by the strata ownership to create a signature ultra high end resort. The redevelopment plan, which is now well advanced following approval of the concept, is the work of a reputable international developer that already has a footprint on Seven Mile Beach. It provides for a substantial increase in the existing internal square footage of this unit while maintaining its wide oceanfront prospect on an upper floor as well as many other amenities consistent with the resort’s character. Meanwhile the unit’s prime beachfront location makes it exceptionally attractive for vacation rentals, delivering strong occupancy rates in one of the Caribbean’s most sought after destinations. Uniquely for properties of this kind on Seven Mile Beach, the redevelopment will facilitate continued use for rentals. Please inquire for more information including design plans and related details. Price will increase as the project advances.

Property Details

Bedrooms: 3Bathrooms: 3
Sqft: 2650View: Beach Front, Water Front
Outdoor Features: Garage: 1, Pool: 1

Mortgage Estimate

Neighbourhood

Winning hearts and awards alike — Seven Mile Beach was voted the “Best Beach in the World” in 2015, and is the most popular and well-known area in Grand Cayman. More than just a pretty face, it offers easy access to various amenities, restaurants, and retail shops, making it a true taste of island paradise (one as delicious as our Cayman delicacies at that). Home to luxury resorts, condominiums and hotels, Seven Mile Beach is the heart of Cayman’s tourism scene. This is an ideal area for beachfront condominiums, holiday homes and investment opportunities for residents that enjoy easy access to the ocean and the island lifestyle that comes with it. With a host of restaurants, shops, nightclubs and water sports activities to enjoy, Seven Mile Beach offers Caribbean luxury living at its very best in one of the safest countries in the world (dependant on your Jet Ski skills, of course).

A tourism advertisement outside your window.

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