Real Estate for Sale: Grand Cayman, Cayman Islands, Oceanfront Townhouse, 2 bed, 2,5 bath, Best Location - 658 Shamrock Road

Asking Price: $204,000
Location: 658 Shamrock Road
City: Spotts
State/Province: Grand Cayman
Country: Cayman Islands
Type: Condo

NOTE: AS OF JULY, 17, 2009: PLEASE CONTACT ONLY OWNERS' REALTOR, SCOTT ELLIOTT, AT HIS CELL NUMBER 1-345-323-9377, OR at HIS LISTED E-MAIL ADDRESS for more information and to make an appointment to view it. Thanks.
2 bedroom, 2.5 bathroom oceanfront townhouse, without doubt, that is in the best and most desirable prime location on its property i.e. a very private as well as quiet cul-de-sac/corner lot. Both spacious bedrooms of the oceanfront townhouse,located on the second floor, have high ceilings,ensuite bathrooms and fitted closets/wardrobes. Master bedroom and the the 1st floor, that has an open modern free flowing floor plan, have an unobstructed spectacular ocean view as well as beautiful night/day nearby views of sometimes visiting anchored large cruise ships. It is, without doubt, available at one of the best listed prices for an oceanfront property on Grand Cayman.
The livingroom and adjoining tiled screened porch overlook beautiful ocean views that are a great backdrop for classic Sunday newspaper reading as well as dog day afternoon and endless summer barbecue parties with friends and family. On the otherhand, if you like the sounds of silence, except for the sound of the nearby ocean surf, while you swing back in forth in a large hammock on the porch with the sun's warmth streaming down on you or while laying in a hammock while dozing or reading a good novel, this property can fullfill your wish too.
Likewise, the oceanfront boardwalk along the front of the listed property as well as the property's oceanfront gazebos offers spectacular/pananoramic unspoiled views of Grand Cayman's shoreline and the surrounding pristine blue Caribbean sea along with the property's immaculate very spacious landscaped grounds. Five minute walk to a local beach that can be great for sunbathing, snorkeling, scuba diving, and swimming. Certainly, this property offers the same tranquility and privacy of a sole oceanfront cottage i.e. due to its prime cul-de-sac location there are no residents/traffic walking/driving past the unit.
All rooms throughout the townhouse have just been redecorated throughout with upgraded quality fixtures and fittings including new carpet, new Italian ceramic tiles and paint finish in neutral and earthtone colours as well as upgraded designer light fixtures and ceiling fan lights. In addition all bathrooms have been redecorated with upgraded wood cabinetry, deco style lighting, Italian ceramic nonslip floor/wall tiling along with new showerdoors, faucets and showermixers. Comes fully furnished with livingroom, dining room and complete bedroom furniture as well as all kitchen appliances, several large silver leaf carved wood mirrors and thermal room darkening drapes in shades of blue and Khaki, all of them less than a year old, as shown in attached photo virtual tour. Likewise, the front outside entrance just has been redecorated with new Italian ceramic nonslip tiles and upgraded light fixtures.
Ammenties and features of this great townhouse's property that is conveniently located just 10 minutes from the capital of Grand Cayman, George Town, and only 15 minutes from the crystal clear waters of world famous Seven Mile Beach are as follows:
******Monthly housing association fee/strata fee is one of the most reasonable on Grand Cayman.
******Hands on management and strata committee that keep the grounds immaculate and oversee strata business with a fine eye for detail.
******The annual insurance, which has a rating of A+, on this property is fully paid up for the year.
******Animals allowed under pet friendly housing association by-laws.
******5 minute walk to local beach.
******Five spacious swimming pools (2 oceanfront).
******Tennis courts just newly renovated with resurfacing and new Flood lite lighting.
******Very spacious and beautiful newly landscaped night lite grounds.
******Ocean front gazebo, two ocean front cabanas and oceanfront boardwalk.
******Handcrafted stone/rock reinforced secure seawall along all of the oceanfront of the listed property.
******Own parking spaces (2). Tarmac area just resurfaced.
******Security onsite.
******Short drive to nearby restaurants, banking and shopping.
******Near a local marina with berthing etc. for yachts.
******Wired for Cable TV, 150 channels, both upstairs and downstairs.

This oceanfront townhouse, that is completely lien free, is located on Grand Cayman, Cayman Islands. The Cayman Islands, a British Crown Colony, has the highest standard of living in the Caribbean. They are a tax heaven that has low crime. The Cayman Islands does not have income taxes, property taxes or inheritance taxes. For instance, on February 26, 2009, Dave Ramsay, a famous talk show host, recommended the Cayman Islands for retirement over Costa Rica to a call in listener.
Grand Cayman, the largest island, on which the listed oceanfront townhouse is located, is only 1 hour by jet from Miami, Florida. Likewise, you can access Grand Cayman from other points of airline departure in the United States such as Houston and New York.
The Cayman Islands, clean and safe, have a very stable parliamentary style government and unrestricted foreign ownership. Permanent residency is also available for those who desire it. However, when required, the Islands have very modern lines of telecommunications, travel and banking in place for consumer use. Last, Grand Cayman's friendly locals, beautiful white sandy beaches with crystal clear waters that are great for scuba diving and other water sports make it without hesitation one of the most enjoyable and attractive islands in the Caribbean to live on.
This oceanfront townhouse would make either an ideal year long primary residence or vacation property for anyone looking to buy property on Grand Cayman. However, it could be also a great rental investment property as there are no housing association/strata restrictions on rentals, either short term or long term, or ownership of pets by residents of the property. Likewise, the listed oceanfront property could be purchased by several joint owners/families for use as a joint year long vacation property or investment property after consulting a local lawyer regarding the drawing up of a contract/agreement under applicable Cayman Islands law at the time of the purchase of the property.
The monthly rental income of the listed oceanfront townhouse is usually between $2,000.00 to 2,400.00 USD (tax free). The property this oceanfront property is located on is very popular with both owners and renters due to its close proxmity to George Town and the West Bay/Seven Mile Beach area along with its very spacious grounds,great for walking and running, and the ammenties offerred on property to residents such as floodlite tennis courts and five large swimming pools. Please note that the annual insurance on this property is fully paid up.
Please note that the starting price of an oceanfront property on Grand Cayman begins on average at a starting price of US$400,000.00. For comparison purposes the fixed exchange rate for CI$ to US$ is CI$1.00 is worth US$1.20.
However, the listed property is available at only CI$204,000.00 The listed price of this Grand Cayman property, an oceanfront townhouse located in a very private and quiet cul-de -sac with an unobstructed spectacular ocean view, is without doubt, one of the best prices available for an oceanfront property on Grand Cayman, Cayman Islands without making any compromise in regards to location and qualilty.
Please find attached a photo virtual tour of the listed property for your viewing pleasure. If you should have any questions regarding the listed oceanfront townhouse, please feel free to conact our realtor, Scott Elliott, at his e-mail address, scott.elliott@remax.ky, for more information and to make an appointment to view it. He will be more than glad to answer your questions.
When purchasing a home, many properties are looked at but just one is chosen for purchase. This oceanfront townhouse is one you definitely should look at and consider for purchase as all the right boxes can be checked. Great price, great location, great ocean views, great spacious grounds/ammenties and reasonable housing association fees/strata fees. It is definitely a "that's it" property just like Clara Bow was the "It Girl" in the 1920's of the last century. However, don't just listen to us, take a look yourself at our virtual photo tour of it.
Without doubt, the listed oceanfront property which is located at the best and most desirable prime location on its property, i.e. a quiet/private cul de sac, is likewise listed at one of the best listed prices for an oceanfront property on Grand Cayman without making any compromise in regards to location and quality. Certainly, the listed oceanfront property that has just been completely redecorated throughout with upgraded quality fixtures and fittings and has the same ocean views as the adjoining luxury South Shore development, is definitely a great buy for any prospective purchaser who is looking for a real lot of bang for their money at only CI$204,000.00 when the starting price of an oceanfront property on Grand Cayman begins on average at a starting price of at least US$400,000.00.
**Also, please note that between April 1, 2009 to 30th September 2009, the Cayman Islands Government has reduced the stamp duty for non-Caymanian purchasers to 5%, 0% for Caymanian 1st time purchasers or 3% stamp duty for all other Caymanian purchasers. For more info and to see online copies of the new revisions to the Stamp Duty Law to read and/or copy visit the web site of the Lands and Survey Dept of the Cayman Islands Government whose address is available at the Cayman Islands Yellow Pages online (check Goggle or other search engine for it) and/or telephone the CI Government Lands and Survey Dept at 1-345-244-3420.
P.S. While living at the listed oceanfront property, when many friends and family visited us from overseas they used the listed oceanfront property like a resort due to its many facilities, spacious grounds and its the tranquil location. Our property was so popular with everyone that we were booked solid for the whole year.
NOTE FOR EUROPEAN/BRITISH BUYERS:
Also, right now with the exchange rate of the Euro to the US$ dollar at approx. 1 Euro = 1.40 USD the listed oceanfront property's price of CI$204,000.00 is a great price for an oceanfront property on Grand Cayman when the average staring price of an oceanfront property is US$400,000.00.