Grand Hyatt Grand Cayman - Selling At Below Market Prices - Already 35% Sold
Residences from US $522,000. Capitalize on significant appreciation, RIGHT NOW, with even more expected during development
You have an opportunity to reap the financial benefits of significant capital appreciation, which has already taken place along Seven Mile Beach, with more to come. This prestigious resort will be a game changing development for Seven Mile Beach.
Just to put this in perspective, these Grand Hyatt condominiums are pre-selling, right now, at an average of only US$933 per square foot for a 5 Star Internationally Branded Seven Mile Beach Resort! Compare this per square foot cost, to recent sales within the last year, at a random summary below of other popular Seven Mile Beach condominium developments:
These are all current market sales taken from the CIREBA MLS system over the last year.
- Villas of the Galleon (built around 1980) - US$1,509 sales price per sqft
- Pinnacle (built around 2000) - US$1,323 sales price per sqft
- Ritz-Carlton (built around 2005) - US$1,662 sales price per sqft
- WaterColours (built around 2014) - US$1,805 sales price per sqft
- Kimpton Seafire (built around 2016) - US$2,031 sales price per sqft
- Water’s Edge (built around 2006) - US$1,376 sales price per sqft
The difference in comparable prices above represents a huge current upside in value of around 40% to 100% for a 5 Star Grand Hyatt Internationally branded resort residence. If you bought the least expensive Studio Suite at US $521,375, the increase in value over Seven Mile Beach sales prices, would be approximately US$200,000 to US$500,000 - TODAY!
To further put this into perspective, a furnished Studio residence just sold on December 5, 2019 at the Kimpton Seafire for US$827,875. This Studio residence has a "beach view on the side of the building" and not "beachfront", like all the 5 Star Grand Hyatt residences. Compare the sales prices as follows:
- Kimpton Seafire Studio - US$1,373 sold price per sqft
- Grand Hyatt Studio - now priced from US$855 to US$1,022 per sqft, depending on location/floor level
The Kimpton Seafire Studio residence is likely the most similar comparison for a Grand Hyatt Studio residence. The Seafire Studio is 603 sqft and the Grand Hyatt is 610 sqft.
This upside is real and prevalent across all of the residences currently for sale at the Grand Hyatt and presents an unprecedented opportunity for future capital appreciation, as the Grand Hyatt progresses through construction. Why not invest into real estate with a great profit already baked in?
Not only will the Grand Hyatt be Grand Cayman’s next 5 Star Internationally branded resort (Ritz-Carlton is the only other 5 star resort), but it will incorporate the most current building styles and cutting edge interior designs. Residences will have ten foot ceilings and nine foot sliding glass doors across the beachfront of the residence with an abundance of natural light. The views of the beach, Caribbean Sea, cruise ships, and George Town will be absolutely stunning!
Grand Cayman has been experiencing record breaking tourism, almost every month. The Cayman Islands welcomed 502,739 overnight guests in 2019, breaking the half a million milestone for the first time. In fact, the year's total figure was an 8.6% increase on 2018, almost 40,000 more visitors and the 10th consecutive year of growth for stay-over tourism. This bodes extremely well for strong rental income returns on investment at the Grand Hyatt.
We have a rare, high quality, family safe destination. The ongoing boom in development along with the infrastructure upgrades, including the airport runway extension, which is already under development and is slated to be completed in August 2020, are continually improving the quality of life here - it gets better every year!
Make a good investment, both financially and for your families future enjoyment, with a 5 Star Grand Hyatt Residence. Prices will increase with construction.
Please contact me to acquire a residence or to discuss further. Now that construction has started, as the development starts going vertical, everyone is going to realize just how truly spectacular this 5 Star resort development is going to be. This is a really good investment!