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Old 10-04-2008, 02:34 AM   #1
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Default Ritz-Carlton Grand Cayman listing @ $2.8m

Residence 102 at The Ritz-Carlton, Grand Cayman - eBay (item 260282262273 end time Nov-30-08 14:38:19 PST)

Seller = ritzcayman102 (feedback rating =0)

Residence 102 at the Ritz-Carlton, Grand Cayman.

Step from the seclusion of your own private patio to the poolside deck or silky sand beach at the Ritz-Carlton, Grand Cayman, where ladies and gentlemen wait to serve your every need.

This incredible poolside/beachside Residence is exqui
sitely furnished by Frank Nicholson and offers 2,400 sq. ft. with 2 bedrooms, 2 baths, and a private patio overlooking a lush tropical garden.

At the Ritz-Carlton, Grand Cayman, you will savor luxurious value far beyond your four walls including access to Sunset Terrace, the exclusive rooftop lounge where you will relish magnificent sunsets from the highest spot on the island.


That is just the beginning. As an owner, you will also enjoy the “Seven Wonders on Seven Mile Beach."

The “Seven Wonders” include:
  • Blue Tip, the Greg Norman-designed golf course
  • Silver Rain, the first La Prairie Spa in the Caribbean
  • Two restaurants by Eric Ripert, the acclaimed chef from New York's Le Bernardin (rated #1 by Zagat's New York restaurant guide in 2005, 2006, and 2007)
  • Nick Bollettieri backed tennis featuring your choice of clay or grass courts
  • The Ambassadors of the Environment children's program designed by Jean-Michel Cousteau
  • Architectural and interior design by Frank Nicholson
  • And the world-class service of the Ritz-Carlton
Cayman Islands, 90 miles southwest of Cuba, is a member of the British West Indies. Cayman is noted for its safety and security. Island residents enjoy the highest standard of living in the Caribbean. The country is the world’s fifth largest financial center, and has no taxes (at least no taxes as it relates to income, profits, capital, capital gains, inheritance, or yearly property tax).

This fine property is being offered at US $2,800,000.
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Old 10-04-2008, 09:56 AM   #2
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Default Re: Ritz-Carlton Grand Cayman listing @ $2.8m

There are several Cayman Ritz units for sale for well in excess of this price point albeit not on eBay
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Old 10-04-2008, 02:56 PM   #3
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Default Re: Ritz-Carlton Grand Cayman listing @ $2.8m

I heard all the ER units are for sale there. Not sure how many they have.
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Old 10-04-2008, 03:06 PM   #4
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Default Re: Ritz-Carlton Grand Cayman listing @ $2.8m

you mean ER's condos? i thought LTTravel said some ER members preferred those, since theyre in a beachfront building.
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Old 10-04-2008, 06:43 PM   #5
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Default Re: Ritz-Carlton Grand Cayman listing @ $2.8m

Yes, the beachfront condos are for sale. There are some members who love them but I think they must have always been considered interim units until the villas were built. This is what happened in Costa Rica with the 4S homes and will happen in Wailea now that Hoolei is up and running.
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Old 10-05-2008, 08:53 PM   #6
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Default Re: Ritz-Carlton Grand Cayman listing @ $2.8m

Some members preferred the beachfront units because it is easier to get to the beach. The actual beach views are OK but not great. They are part of the Ritz main building. They are smaller than the villas but some members do not want to take their golf carts to the main Ritz building, walk across the bridge to the beach and prefer to be in the main Ritz beachfront building.

I have been in both and like the size and the privacy of the villas, but understand why a smaller group may prefer the residences at the Ritz.

The agreement with the Ritz and ER was that they would sell their units once the villas were built. They were able to get an extension until January 2009, but who knows, with the current economy, if the Ritz will let them extend it more IF they want to.

They currently have two units for sale. I don't know for sure, but ER probably owned only two of the units and leased the others, since only two are for sale.
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