The Cayman Islander Hotel

The Cayman Islander Hotel

The Cayman Islander Hotel

West Bay, George Town, KY1-1401, Cayman Islands

Buying

$19,500,000

  • 2019-01-30-07-23-37-1538067997CaymanIslanderHotelPropertyselectivefocus
  • 2019-01-30-07-23-37-1538068007CaymanIslanderProperty-Copy

Property ID :

 RH-5472-property

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Area

495 width

Year Built

1976

Lot Size

5.67 Acres

Description

The Cayman Islander Hotel property was unarguably one of the most iconic resort locations in the Cayman Islands. With a rich heritage in Cayman’s past, this property is poised to prosper with the guidance of a visionary developer. The rarity of this lush, tropical oasis in the heart of Cayman’s Seven Mile Beach Resort area is a sanctuary that simply does not exists elsewhere. The hotel was damaged in Ivan and is being offered at simple land value, however there is a pool and four separate buildings throughout the property that, with varying degrees of repair, could be easily resurrected. This property offers an element of income that could be achieved rather quickly and expanded in phases or a complete and revolutionary redevelopment opportunity on acreage that is simply no longer available in the heart of Seven Mile Beach. Once redeveloped this property will rise again and stand as a pillar of The Cayman Islands tourism and resort offerings.

Additional Details

  • Depth: 280
  • Property Type: Land
  • Listing Type: Commercial
  • Property Status: Current
  • Address: West Bay
  • Views: Inland
  • Block: 13B
  • Parcel: 141, 137, 138, 127, 140
  • Zoning: Commercial
  • Covenants: No
  • Land Certificate: Not Issued
  • Possession: At Completion
  • Frontage Road: City Maintained
  • Title: Freehold
  • Road Frontage: 280
  • How Shown: By Appointment/List

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Bedrooms

5

Bathrooms

6

Area

5640 width

Buying

$2,950,000