Select Resorts Launch The Beach Villas, Cayman Islands
23 April 2013
The Beach Villas are a collection of 6 stylish & contemporary ocean front properties based on the beautiful Caribbean island of Little Cayman, an area famous for blue skies, white beaches and year-round sunshine. Little Cayman is one of three islands, which along with Grand Cayman and Cayman Brac make up the exclusive Cayman Islands in the Caribbean, just off the coast of Jamaica.
As a British Overseas Territory, the Cayman Islands enjoy a stable and peaceful government which operates under British Common Law and boasts a rapidly expanding infrastructure alongside a state-of-the-art telecommunications network – making this a fantastic country in which to invest.
Beautifully understated, The Beach Villas offer owners complete privacy and luxury of space. Each villa enjoys direct beach access, as well as a private jetty for owner exclusive use. Design features include fully retractable glass walls at either end of the double height Great Room, private pool, master bedroom with en-suite and walk in dressing room. Furthermore each villa boasts 2 further bedrooms, a fully fitted kitchen and utility room.
Designed to maximise the beauty of Little Cayman, and minimise the impact on the pristine environment, the developers have implemented green and sustainable practices throughout the build, in line with recommendations from the Leadership in Energy and Environmental Design (LEED®). LEED® is an internationally recognised green building certification program which promotes a whole-building approach to sustainability including the sourcing of materials, building methods, water and energy efficiency.
The Beach Villas are targeted for use by a vibrant and expanding leisure market. Easily accessible by frequent short flights from Grand Cayman, they will provide the perfect getaway for those who seek privacy and exclusivity. The intimate atmosphere and special ambiance makes the island a popular honeymoon choice and as the world’s number one dive destination the local dive community provide a substantial rental market.
Select Resorts are offering for sale the luxury villas through Shared Ownership. Each villa is divided into 43 fractions and as such, the investment is accessible to a wider audience and purchasers have the opportunity to buy a fractional share of one of The Beach Villas to use privately as well as benefitting from rentals.
Industry watchers say that any Shared Ownership market is an excellent option for anyone looking for an overseas property. There is clearly a market and future for Shared Ownership as a practical, sensible alternative to the outright ownership of a property.
Roberto Campolucci-Bordi, Commercial Director at CrownWorld states;
“Shared Ownership removes the hassle of owning a property full-time, which gives investors the lifestyle they want, when they want it – at a fraction of the price. Shared Ownership, especially in iconic locations, will continue to be a great investment for the future.”
Fractional ownership prices start at just £29,995 and with 5-year non-status finance also available, repayments start from £399 per month. The developers are also projecting annual rental yields of 7-8%. The development is fully secured by a UK trustee – therefore investor finance is protected.
Anyone interested in purchasing a fraction of The Beach Villas or investing in the Cayman Islands should contact Select Resorts. To discover more about this investment opportunity, simply request further information from one of the team of investment advisors.