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SILVER REEF RESIDENCES UNIT 3

MLS #415443 | Midland East, Cayman Islands
  • 1,160
  • 2
  • 2
CI$879,000
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CIREBA MLS LDX feed courtesy of INTERNATIONAL REALTY GROUP
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CI$ 3,775

About This Property

Rest, relaxation and a healthy return on investment, that's 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 Cayman’s 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 Cayman’s 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, 2023 Unit 3 includes a private garden of 1572 Sq.Ft. for a total Strata unit area of 2732 Sq.Ft.


Property Features

  • Property Type
    Residential (Condominium)
  • Year Built
    2021
  • Bedrooms
    2
  • Bathrooms
    2
  • Sqft
    1,160 ft2
  • Block
    57A
  • Parcel
    112UNIT3A
  • Lot Size
    0.00
  • Views
    Beach Front, Beach View
  • Sea Frontage
    230
  • Foundation
    Slab
  • Floor Level
    1
  • Pool
    Yes

Mortgage Calculator

Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
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Down Payment Required
CI$ 175,800
Mortgage Principal
CI$ 703,200
Monthly Payment
CI$3,775
Still Owing at End of Term
CI$0

*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
Debi Bergstrom
Debi Bergstrom
+1 (345) 516-0079

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SILVER REEF RESIDENCES UNIT 3

SILVER REEF RESIDENCES UNIT 3

Buyers Over CI$879,000
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