Canal Front Condo for Sale in 7 Mile Beach Area, Grand Cayman, Cayman Islands

Canal Front Condo - Great Vacation or Executive Rental

Three-story, canal front, 4bed/3.5bath, 2600+ sq ft Villa - excellent vacation or executive rental property.

Located directly adjacent to the $500-million Ritz Carlton development, and also adjacent to Cayman's only 18- hole USGA-rated course, the North Sound Club. A short ten-minute walk takes you to Grand Cayman's famous 7-Mile Beach, and a variety of shops, spas, and restaurants.

This Villa comes complete with brand new, modern high-end furniture and finishings (Ethan Allen, Macys) and electronics (Sony, Yamaha); GE profile stainless steel appliances; upgraded kitchen and flooring (granite counters, travertine floors, tile backsplash, kitchen hood vent, hardwood stairs); full size plantation shutters, and quality patio furniture.

Two-car garage (with ample storage); main floor nanny suite with separate entrance; balconies on all three levels with views of the canal, North Sound and both Blue Tip and North Sound Club golf courses.

Eight-unit complex is newly built (completed mid-2008). Solid concrete construction with tile roof. Common area includes pool, ample parking, and dock rights (for the boat)

Gross rental potential of +$75000 per annum (with low strata fees); Cayman has no annual property or local income taxes.

Asking $895,000