Caribbean MLSReal Estate

Income-producing Residential Portfolio --4 Studios In West Bay

Available on request

The brief

The reason to consider it.

Morganville West Apartments present a compelling residential investment opportunity in West Bay—one of Grand Cayman’s newest communities and well-connected rental markets, with consistent demand from both residents and workforce tenants.

This offering comprises a portfolio of four (4) studio apartments, competitively priced and positioned within a segment of the market where new-build supply remains limited, supporting both rental stability and long-term capital appreciation.

The units are designed with a focus on operational efficiency and broad tenant appeal, featuring:

  • Solar panel integration, reducing utility costs and enhancing net returns
  • Wheelchair-friendly and accessible layouts, expanding the tenant pool and supporting longer tenancy durations
  • Functional, low-maintenance interiors suited to high-occupancy use

The property benefits from flexible income strategies, allowing for:

  • Stable long-term residential leasing
  • Short-term rental potential, including Airbnb-style nightly accommodations (subject to owner management and regulatory considerations)

This dual-use capability provides optionality for investors to optimize yield based on market conditions.

The development includes:

  • Swimming pool amenities
  • Ample on-site parking
  • A practical, low-maintenance design, supporting efficient ownership and management

From an investment perspective, the asset is underpinned by:

  • Strong rental demand in West Bay
  • Entry pricing within an undersupplied segment of the market
  • Cost-efficient operations driven by sustainability features

Morganville West Apartments are well suited for investors seeking to expand a residential income portfolio or acquire a high-yield entry asset with both income stability and upside through active management.

Last confirmed

Year built
2025
Type
Commercial
Land
55,187 ft²

What this listing includes

  • Pool
  • Step-free access
  • Solar power
  • Furnished
  • Parking

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