Rare, Income-Generating Gem in West Bay
Not published
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
MLS ID: 420177 - Rare, Income-Generating Gem in West Bay!!
Introducing a charming and versatile 5-unit property in the highly desirable West Bay area, offering a solid annual income of $46,800 per annum with potential up to $76,800. Built in 2002 and boasting 2,274 sq. ft. of functional living space, this property combines classic character with exciting renovation potential. One unit has been beautifully and fully renovated, while the remaining units provide the opportunity to add personal touches or modern upgrades, unlocking even greater value.
Situated just off the tranquil Watercourse Road, the location offers convenience, privacy, and accessibility—a rare combination in West Bay. Priced under CI$1,000,000, this property represents a rare investment opportunity in a prime area, perfect for savvy investors or anyone looking to secure a reliable, income-producing asset.
Last confirmed
- Year built
- 2002
- Type
- Villa
- Land
- 2,271 ft²
What this listing includes
- Air conditioning
- Parking
- On-site security
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
The asking price is not what it costs.
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