CASTAWAY COVE - 50% OWNERSHIP
CASTAWAY COVE - 50% OWNERSHIP
CASTAWAY COVE - 50% OWNERSHIP
CASTAWAY COVE - 50% OWNERSHIP
CASTAWAY COVE - 50% OWNERSHIP
US$ 220,000 MLS #421093
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About the Property

Castaway Cove - Quarter Share Freehold Ownership Quarter Shares C & D Own two quarter shares in a stunning beachfront 2-bedroom, 2-bathroom condominium located in the tranquil and unspoiled district of East End, Grand Cayman. This is not a timeshare - it is genuine freehold ownership. As a quarter-share owner, you hold an interest in COVE 131 LTD, providing three months of personal use per year, per share. With both Quarter Shares C and D, you receive six months of usage annually, allocated through a professionally managed rotational calendar. You can use personally or simply rent out your days. A dedicated management team oversees the day-to-day operation, maintenance, and upkeep of the property, providing owners with a convenient and hassle-free ownership experience. Flexible Lock-Off Design & Rental Potential This unique lock-off condominium offers excellent flexibility for both per-sonal use and rental income. The property can be enjoyed as a spacious 2-bedroom, 2-bathroom beachfront residence, or separated into: • A beachfront studio • A one-bedroom condominium This configuration provides the opportunity to maximise rental flexibility and income potential. The condominium is fully furnished, beautifully appointed and move-in ready. A Rare Beachfront Investment Opportunity Beachfront quarter-share opportunities at this price point are exceptionally rare in East End. The property is currently participating in the rental programme managed by The Reef Resort, providing an opportunity to generate rental income while enjoying the benefits of beachfront ownership. Enjoy the dream of owning a piece of Cayman beachfront without the substantial capital outlay associated with purchasing an entire property. A rare opportunity to own beachfront real estate in one of Grand Cayman’s most peaceful and naturally beautiful locations. For further information or to arrange a viewing, please contact agent.

Property Details

Basic Info

  • Bedrooms
    2
  • Bathrooms
    2
  • Sq. Ft.
    1,340
  • Year Built
    2003

Outdoor Features

  • Exterior Features
    • Pool

Location & Neighbourhood

East End
Location
  • East End

    A true gem for nature lovers, East End is renowned for its unspoiled landscapes and serene, laid-back vibe. This district is a haven for those seeking an escape from the bustling tourist areas, offering serene beaches and rich marine life.
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Your Monthly Mortgage Payment

Mortgage amount $7,040,000
Deposit $1,760,000
$51,657

Estimate monthly payment

$880,000

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