Caribbean MLSReal Estate

2 Bedroom Beachfront Condo Quarter Share for Sale, Castaway Cove, East End, Grand Cayman

Available on request

The brief

The reason to consider it.

This is a fantastic opportunity to acquire a quarter share of a beachfront condo located at Castaway Cove in East End, Grand Cayman – the perfect hands-off investment with income potential.

The unit is situated on the second floor, offering approximately 1,290 square feet (120 square meters) of living space including 2 bedrooms and 2 bathrooms. The lock-off floor plan allows the unit to be used or rented as a full 2-bedroom condo, or split into a beachfront studio and a one-bedroom suite for added rental flexibility.

Ownership is structured as freehold shares in the property’s holding company, not a timeshare, with each of the four owners enjoying use on a rotating annual schedule managed by an experienced on-site team.

Built in 2003 directly on the beach, Castaway Cove offers a swimming pool and direct beach and sea access. With its beachfront setting and income potential, this is a wonderful option for buyers exploring Cayman Islands real estate, whether you are looking for a part-time retreat or an income-generating investment.

Last confirmed

Year built
2003
Type
Condo
Land
Available on request

What this listing includes

  • Pool
  • Beachfront
  • Beach access
  • Ocean view

What people say about Cayman Islands

Sources agree that buying in Grand Cayman is tax-light but not cheap to live with.

  • Concern Cayman is among the most expensive places to live; imports and housing drive it
  • Positive No annual property, capital gains or inheritance tax; one-time stamp duty is the main purchase cost (7.5%, 10% above CI$2m from 2026)
  • Mixed Permanent residency by property needs CI$2m of developed real estate and is quota-limited; a cheaper 25-year certificate carries no right to work
  • Mixed Strata fees are a material carrying cost, higher on Seven Mile Beach

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law