VILLAS OF THE GALLEON, SEVEN MILE BEACH

MLS #414923 | Seven Mile Beach, Cayman Islands

1,155
2
2

US$2,300,000

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CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

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US$ 9,878

About This Property

Built in 1980 Villas of the Galleon is a beautiful example of the low-rise buildings of a bygone Cayman era where three stories was the allowed building height. Having a two storey top unit such as offered at the Villas of the Galleon 28, which technically created a four storey building would certainly have been viewed as pushing the boundary back in the day, but seems a far cry from the ten stories allowed on Seven Mile Beach now. A penthouse corner unit #28 Villas of the Galleon enjoys windows on three sides of the building, a vaulted ceiling and an overall feeling of space and light. With flexible rental management options and low fees Villas of the Galleon is a great option for buyers interested in maximizing their rental income from vacation lets. Villas of the Galleon sits on Leased land owned by the Crown. End date of lease: 30th June 2105 (82 years remaining)

Property Features

Property Type

Residential (Condominium)
Year Built

1980
Bedrooms

2
Bathrooms

2
Sqft

1,155 ft²
Block

11D
Parcel

1/11H28
Lot Size

0.00
Views

Beach View
Sea Frontage

450
Foundation

Slab
Floor Level

3
Furnished

Yes

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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

US$ 460,000

Mortgage Principal

US$ 1,840,000

Monthly Payment

US$9,878

Still Owing at End of Term

US$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

+1 (345) 516-0079

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VILLAS OF THE GALLEON, SEVEN MILE BEACH

Buyers Over US$2,300,000

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