INTERNATIONAL REALTY GROUP LTD
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Silver Reef Residences | Unit 1

MIdland East,
MLS#: 412838 Residential (For Sale)
  • 2 Beds
  • 2 Baths
  • 1160.00 SQFT

PROPERTY DESCRIPTION

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, 2022. Unit 1 includes a private garden of 954 sq. ft. for a total Strata unit area of 2114 sq.ft.

Key Details

Silver Reef Residences | Unit 1
Bed 2
Bath 2
Type Condos (Residential)
Status Pending
Year Built 2021
Block & Parcel 57A,112UNIT1
Views Beach Front, Beach View
Foundation Slab
Stories/Condo 1
Floor Level 1
Occupant None
Construction Exterior Insulated Finish Systems
Class Pre-Construction
Land Certificate Not Issued
Possession At Completion
Sea Frontage 230
Air Conditioning Central
How Shown By Appointment/List
City water Yes
Septic Yes
Fence Yes
Pool Yes
Washer/Dryer Yes
Kitchen Yes
Dining Area Yes
Utility Yes
Living Room Yes
Refrigerator Yes
Dishwasher Yes
Disposal Yes
Microwave Yes

Location

$
3560
/mo

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Silver Reef Residences | Unit 1