Now 60% sold. Residences from US $585,338.
2020 has been very busy at Grand Hyatt Grand Cayman Residences. Year to date, 49 new beachfront residences have been purchased already this year, bringing the total to over $100M (U.S.) in sales and over 60% of the residences now sold. At this pace, we are one of the fastest selling properties in not only Grand Cayman but the Caribbean. We attribute the substantial uptick in interest to starting construction in December of 2019 and the incredible value of this 5 Star resort, compared to much higher sales prices at other older Seven Mile Beach condominium developments.
Our new owners are attracted to our beachfront location on Seven Mile Beach, Modern Design and Finishes, and New Construction. One of the other main attractions is the extensive list of amenity and services available to the owners at Grand Hyatt, as well as the projected strong rental income potential.