Arvia 4-Bed Maisonette | Private Dock | $75K Furniture | Canal Views | FSBO
KYD 1,377,777
Spotts / Prospect, Grand Cayman
About this property
THE BEST VALUE LUXURY CANAL-FRONT HOME IN GRAND HARBOUR $585/sqft — 21% Below the Prospect Average | Turnkey with $100K+ in Premium Upgrades Included THE NUMBERS THAT MATTER --------------------------------------- Asking Price: CI$1,377,777 Price per SqFt: $585 (area avg: $741 — you save 21%) Comparable Canal-Front Homes: $1.95M – $2.7M Smaller Arvia Units: $725 – $761/sqft (this 4-bed is the best value in the building) Est. Annual Rental Income: $72,000 – $84,000 USD (long-term tenancy) Gross Rental Yield: 5.2% – 6.1% Prospect Appreciation: +8.3% year-over-year (fastest-growing area on Grand Cayman) Cayman Tax Advantage: 0% property tax | 0% income tax | 0% capital gains tax THE PROPERTY --------------------------------------- A stunning 4-bedroom, 4-bathroom maisonette spanning the upper two floors of its building at Arvia, Grand Harbour — one of the Cayman Islands' most sought-after gated waterfront communities. - 2,355 sqft of interior living space - Private boat dock included (canal-front) - Canal and pool views from both levels - Top two floors = maximum privacy, no one above you - Built by Davenport Development (premium ICF block construction, impact glazing) $100,000+ IN PREMIUM UPGRADES — ALL INCLUDED --------------------------------------- This is a fully turnkey home. Everything stays: - $75,000+ IDG designer furniture package (complete home furnishing) - Lutron home automation (smart lighting + motorized blinds throughout) - Sonos multi-room audio system - Premium audiophile AV package - Custom KW kitchen island - Total upgrade value: $100,000 – $135,000 Your effective cost for the bare unit is closer to $1.25M — making this the lowest price-per-sqft luxury canal-front property in all of Grand Harbour. ARVIA — RESORT-STYLE LIVING --------------------------------------- Arvia by Davenport is a secure, gated waterfront community offering: - Canal-front Olympic-sized swimming pool - Expansive pool deck and cabana areas - Full-size tennis court - Fully equipped gym/fitness centre - Residents' clubhouse - Children's play area - On-site strata office and property management - 24/7 gated security THE INVESTMENT CASE --------------------------------------- Whether you live here or rent it out, the numbers work: LONG-TERM RENTAL: $6,000 – $7,000/month = $72K – $84K/year = 5.2 – 6.1% gross yield APPRECIATION: At +8.3%/year, this property could be worth $1.49M+ by Feb 2027 TAX ADVANTAGE: Zero property tax. Zero income tax. Zero capital gains. Net yields crush US/UK/EU comparables. DOCK PREMIUM: Private dock access adds a 15–20% rental premium for boating tenants The furnished, turnkey setup means rental income starts on Day 1 — no fit-out costs, no waiting. Grand Harbour's family-friendly waterfront lifestyle attracts long-term executive and corporate tenants year-round. WHY FSBO — AND WHY IT BENEFITS YOU --------------------------------------- This is a For Sale By Owner listing. No listing agent, no inflated asking price to cover 5% commission. You're getting the real price — and saving an estimated $40,000–$70,000 compared to what this would list for through an agency. Buyer's agents are welcome with qualified clients. Commission considered at closing when included in the offer. No listing agreements. VIEWING & CONTACT --------------------------------------- Call Angelo: 345-324-0421 Email: mraduca@gmail.com Viewings by appointment only. This property won't last. At $585/sqft with a dock, $100K+ in furniture, and the lowest $/sqft of any luxury canal-front home in Grand Harbour — serious inquiries only.