The Ritz-Carlton, Grand Cayman is built on leased land owned by the Crown. Lease 99years from 16th November 2005
Street Address
1033 West Bay Road
Rentals
Private Residences are only allowed one rental/month out of high season.
Rentals Programme
Within the North Tower are Private Income Pool (PIP) apartments. These offer full ownership with ten weeks usage per year, no strata fees, no utility bills. When not in use by the owner they are rented out by the hotel with the owner receiving 35% of the income.
The Residences at The Ritz-Carlton, Grand Cayman offer owners an unparalleled level of luxury and amenities and where better to enjoy the four seasons of clement weather offered on Grand Cayman than on one of the most beautiful stretches of sand in the world, Seven Mile Beach.
Recently purchase by DART, this award winning Caribbean beach resort offers world class restaurants including Blue by Éric Ripert, an onsite Spa, a Nick Bollettieri tennis academy, a nine hole Greg Norman designed Golf course called Blue Tip, and an Ambassador's of the Environment programme developed by Jean-Michel Cousteau. The Ritz-Carlton beach resort stretches from the Caribbean Sea on the west across West Bay Road and all the way to the North Sound on the east.
Private residences are to be found in both the North and South beach front towers. The North Tower also offers a number of Permanent Income Pool (P.I.P) apartments which offer whole ownership, with usage restricted to ten weeks per year with the balance to be placed into the Ritz-Carlton rental pool. There are no associated monthly fees and these properties usually show a good return.
