PARK PLACE 7 MILE 5.9% NET ROI
- $849,000 USD / $696,180 KYD
- MLS# 411022
-
Condo -
1,535 FT2
-
3 -
2.5
Calling all astute investors! A golden opportunity awaits you – an exceptional investment property nestled in the heart of the sought-after Seven Mile Beach Corridor, where a thriving oasis of possibilities awaits. Step into a world of elegance and sophistication as you enter this chic and ultra-modern condo, meticulously renovated with a substantial investment of $100,000 to meet five-star standards. The results have been nothing short of remarkable, as evidenced by the multitude of glowing 5-star reviews received before the Covid era.
Imagine being just a leisurely stroll away from the pristine shores of the world-renowned Seven Mile Beach. In just three minutes walk you can find yourself dipping your toes into the crystal-clear waters of the Caribbean. And that’s not all – indulge in the culinary delights of numerous exquisite restaurants and wine bars, all conveniently within walking distance. For your shopping and entertainment needs, Camana Bay offers a vibrant hub, with dining, shopping, cinema, and bookstores right at your doorstep. Stay fit and healthy with gyms and yoga studios conveniently located nearby.
Now, let’s talk returns – the numbers that make this investment even more enticing. Currently generating a steady income of CI$4,400 per month, this condo offers an impressive net yield of 5.8%. But wait, there’s more – prior to the pandemic, it boasted an impressive gross income of US$90,000 annually through Airbnb. As the world rebounds and travel bounces back, the growth potential of this investment is poised to be exceptional, making it an irresistible prospect for any investor seeking high returns. This property is a rare gem, ticking all the boxes whether you are a savvy investor looking for a sound financial decision or simply seeking a stunning condo in one of the most desirable locations.
Don’t let this golden opportunity slip through your fingers. Act now to secure your spot in the thriving Seven Mile Beach Corridor and unlock the full potential of this remarkable investment. Take the plunge into a world of endless possibilities – seize this opportunity and pave your way to success in the lucrative world of real estate investments. Embrace the allure of the Seven Mile Beach Corridor and watch your dreams of prosperity come to life.
*Agent Owned
Property Summary
-
Built In
2009
-
View
Garden view
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Interior
1,535 FT 2
-
Storeys
3
-
Bedrooms
3
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Bathrooms
2.5
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Monthly Maintenance Cost
$354 USD / $290 KYD
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Floor Level
Floor: 1
Interior Features
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Rooms
- Dining Area
- Kitchen
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Details
- Furnished
- Cable TV
- Utility
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Appliances
- Dishwasher
- Microwave
- Refrigerator
- Electric Cooker
- Washer/Dryer
Building Features
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BUild Year
- 2009
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Storeys
- 3
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Cooling
- Air Conditioning: Multi-zone
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Exterior
- Slab Foundation
- Class - Existing
- Construction Block
- City Water
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