This luxurious, boutique-style resort development will be prominently located on the former site of the Margaritaville Hotel on Seven Mile Beach. Ideally positioned between the Marriott Hotel and the soon-to-open Grand Hyatt Resort, this internationally branded resort promises breathtaking views, best-in-class amenities, and tremendous investment potential.
The ten-storey development features 316 rooms/residences, comprising 160 rooms with lush interior land views and 156 beach view condominium residences including Studio, One-Bedroom, and Two-Bedroom layouts. With pre-construction pricing starting at just US $675,000, this project offers unmatched value on Seven Mile Beach.
Because this new ten storey development is set back from the beachfront behind Sunset Cove condominiums, it will not only have incredible views of the beachfront and Caribbean Sea, but also along both coastlines to the north and south.
Resort Features Include:
With limited beachfront land available and new sites extremely difficult to acquire, Hyatt Centric Residences represents the last significant new development on Seven Mile Beach,” added Kim Lund, Broker/Owner at RE/MAX Cayman Islands. “It will be years before any new development can be started, slowing down the inventory of new residences coming to the market.
“This bodes well for the Hyatt Centric Residences as their resale market should be very strong, since demand is continuing to increase with more and more tourism and new residents,” added Kim Lund, Broker/Owner at RE/MAX Cayman Islands.
With demand growing and supply diminishing, Hyatt Centric Residences is set to become one of the most desirable addresses in the Cayman Islands. Given the limited availability and highly competitive pricing, units are expected to sell quickly.