Castaway Cove - 50% Ownership, North East Coast / Colliers
Description
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, mainte-nance 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 excep-tionally 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 sub-stantial capital outlay associated with purchasing an entire property. A rare opportunity to own beachfront real estate in one of Grand Cay-man…
Where it is
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Climate · George Town
Station: ROBERTS · 1.7 km from the representative point.
Explore monthly temperature and rainfall
Typical daytime temperature
1991–2020 station normals · Average daily high (°C)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Average daily high (°C) |
|---|---|
| Jan | 29 |
| Feb | 29 |
| Mar | 29 |
| Apr | 31 |
| May | 31 |
| Jun | 32 |
| Jul | 32 |
| Aug | 32 |
| Sep | 32 |
| Oct | 31 |
| Nov | 30 |
| Dec | 29 |
Rainfall through the year
1991–2020 station normals · Mean monthly precipitation (mm)
Representative-station climate context, not today’s weather or a property-level hazard assessment. Missing monthly values are not estimated.
Read the values and sample counts
| Period or area | Mean monthly precipitation (mm) |
|---|---|
| Jan | 32 |
| Feb | 12 |
| Mar | 14 |
| Apr | 28 |
| May | 78 |
| Jun | 130 |
| Jul | 114 |
| Aug | 87 |
| Sep | 108 |
| Oct | 167 |
| Nov | 117 |
| Dec | 58 |
What's nearby 344 places
Getting there
Something wrong on this page? Tell us · How this page is put together
Within two kilometres
| Property | Distance | Beds | Asking |
|---|---|---|---|
| Castaway Cove Beachfront - 2 Bed, 2 Bath, A And B Lock Off Unit North East Coast / Colliers | 0 min walk | 2 | $475,000 |
| Castaway Cove Ground Floor Income Producer North East Coast / Colliers | 0 min walk | 2 | $575,000 |
| Castaway Cove Unit 328 A/b North East Coast / Colliers | 1 min walk | 2 | $575,000 |
| Top Floor Beachfront Castaway Coves North East Coast / Colliers | 1 min walk | 2 | $475,000 |
| Castaway Coves Unit 116 North East Coast / Colliers | 2 min walk | 2 | $585,000 |
| Castaway Coves Ground Floor 2 Bed Beachfront Retreat North East Coast / Colliers | 3 min walk | 2 | $475,000 |
Straight-line distances from the coordinates each agent published, so treat a walking time as indicative. Look at the site on Google Earth
How this one compares
5 similar properties on the island advertised at within 25% of this price with a similar number of bedrooms. Their median asking price is CI$250,000 — this one is asking 12% less. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| Frangipani 1 Bed Studio, Spotts, Grand Cayman, Cayman Islands | Spotts By pass, Grand Cayman, Cayman Isl | 1 | CI$215,000 | -2% |
| Wren Road 1 bed 1 bath Studio, George Town, Grand Cayman, Cayman Islands | Industrial Park, George Town | 1 | CI$250,000 | +14% |
| Seahaven Carriage House | Prospect/Spotts | 1 | $250,000 | +14% |
| The Woodlands - 1 Bed W/ Loft (greenheart Unit 3) | Midland East | 1 | CI$275,000 | +25% |
| The Woodlands - 1 Bed W/ Loft (greenheart Unit 2) | Midland East | 1 | CI$275,000 | +25% |