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SILVER REEF RESIDENCES UNIT 5 , Grand Cayman

MLS#: 412842
Listing Type: Condo
CI$699,000
Square Feet
1160
Bedrooms
2
Bathrooms
2
Year Built
2021

Property Details

  • Property Type: Condominiums
  • View: Beach View, Beach Front
  • Status: New
  • Pets Allowed: Yes
  • Floor Level: 1
  • Den: No
  • Furnished: No

Property Information

Rest, relaxation and a healthy return on investmentthats what you can expect from Silver Reef Residences.

Silver Reef is a private beachfront enclave that offers owners and their guests a retreat from the stresses and strains of everyday life; as a short-term retreat, vacation rental or a longer-term place to stay.

Silver Reef is under development on a fabulous, elevated, beachfront parcel on Grand Caymans picturesque North East Coast. The development comprises of 12 stylish two-bedroom residences that draw influence from contemporary European design, with accents of Balinese beach architecture complemented by lush landscaping and stunning views. Each unit will be fitted out to a high standard with quartz countertops, stainless steel appliances, and Grohe & Kohler accessories.

Available as Garden or Rooftop units, all floors enjoy remarkable elevated views across the azure blues of Caymans beautiful North East coast.

Elevate the experience still further through privacy afforded by the oversized rooftop terraces, upgradable with a bar or open kitchen, personalised to suit.

Alternatively, ground floor residences each offer an elevated patio and a private tropical garden. Create your own personal Eden in this beautiful secluded enclave.

Ground floor Garden strata unit, including gardens, range from 2,114 3,058 Sq Ft. and Second Floor with Rooftop strata units are 2,320 Sq.Ft. each.

Silver Reef also offers a number of resort-style amenities, designed to enhance the owners and guests experiences including a 40 heated oceanfront saltwater pool, micro-spa with treatment rooms, a small gym, a yoga platform, zen garden, direct beach access and a guest reception/management office.

Silver Reef not only represents an investment in wellbeing, but it also offers a healthy return on investment. The idyllic setting and resort-style design of the property make it the perfect short-term rental investment or vacation rental.
Projections for short-term rentals show returns in the region of 8% and above per annum should be achievable.

Estimated completion date Qtr 4, 2022.

Unit 5 includes a private garden of 1307 Sq.Ft. for a total Strata unit area of 2467 Sq.Ft.

*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.

Property Enquiry

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Sales Agent
Company:
INTERNATIONAL REALTY GROUP
Cell:345-917-5550
Email:marco@irg.ky
Contact Us

Broker/owner
Company:
INTERNATIONAL REALTY GROUP
Office:345-623-1111
Cell:345-525-9900
Email:jeremy@irg.ky
Contact Us

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