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The Pinnacle of Cayman Islands Luxury Awaits
Fraser Mellon’s much-anticipated Watermark set to open in 2025
Set for completion in 2025, the Watermark, the latest addition to Fraser Wellon’s award-winning residential series, is emerging as the prime beachfront address in Grand Cayman.
Welcome to your luxurious retreat in the heart of the Cayman Islands, where unmatched comfort meets breathtaking ocean views. This exquisite 4-bedroom, 4.5-bathroom home offers idyllic island living at its finest.
Nestled along the pristine coastline, this condominium boasts panoramic ocean views that stretch as far as the eye can see. Wake up to the gentle sounds of waves crashing against the shore and savor your morning coffee on the private balcony, while soaking in the spectacular sunrise over the azure waters.
Step inside to discover a meticulously designed living space, with elegant finishes and an abundance of natural light. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an ideal environment for relaxation and entertaining.
The gourmet kitchen is a chef’s dream, featuring high-end appliances, custom cabinetry, and granite countertops. Whether you’re preparing a casual breakfast or hosting a lavish dinner party, this culinary haven offers everything you need to unleash your creativity.
Retreat to the spacious master suite, where floor-to-ceiling windows frame the ocean vista. Pamper yourself in the luxurious ensuite bathroom, complete with soaking tub, walk-in shower, and dual vanity. Three additional bedrooms provide ample space for family and guests, each offering its own ensuite bath for added privacy and convenience.
Outside, resort-style amenities beckon you to unwind and recharge. Take a refreshing dip in the sparkling infinity pool, lounge on the sun-drenched deck, or stroll along the powdery white sands of the beach. For the more adventurous spirit, world-class diving and snorkeling opportunities await just beyond your doorstep.
Conveniently located within close proximity to shopping, dining, and entertainment options, this condominium offers the perfect blend of tranquility and convenience. Whether you’re seeking a permanent residence, a vacation getaway, or an investment opportunity, this property represents the epitome of island luxury.
Amazing and unique features:
- Ideal corner unit on the 3rd floor
- 4 bedrooms: Two master suites plus two en-suite bedrooms
- Extended Powder Room
- Upgraded kitchen and millwork
Resort-style Amenities
- Beach loungers and adult and kids’ pool areas, including splash zones;
- State-of-the-art fitness studio and wellness center;
- Fine dining restaurants and an owner’s wine cave;
- Full service spa;
Cayman Islands Advantages
Tax Neutrality: The Cayman Islands have no income, capital gains, or inheritance taxes, making it a highly attractive jurisdiction for individuals and businesses alike.
Property Taxes: There are no annual property taxes in the Cayman Islands, reducing long-term ownership costs. A one-time stamp duty fee of 7.5% is levied at the time of property purchase, with no ongoing tax obligations thereafter.
Prime Location: Located just an hour’s flight from Miami and within close proximity to major US cities, the Cayman Islands offer easy accessibility.
English-Speaking: As a British Overseas Territory, English is the official language, simplifying communication and transactions for English-speaking residents and visitors.
Safety and Stability: The Cayman Islands boast a low crime rate and a politically stable environment, making it one of the safest places to live and invest.
World-Class Infrastructure: Modern infrastructure includes reliable utilities, state-of-the-art healthcare, excellent schools, and high-speed internet connectivity.
Among the four Watermark units on the market, this 5030-sq-ft condo is the most affordable. The listing price is $11,500,000 or $2,286 per sq ft. Another Watermark condo, on the 8th floor, is listed for resale at well over $3,600 per sq ft, nearly a 50% mark-up on this unit.
Don’t miss your chance to experience the ultimate Caribbean lifestyle – schedule your private showing today and prepare to fall in love with this unparalleled oasis in the Cayman Islands.
Please note, the renderings of the kitchen are the artist’s concept and do not fully represent the final finishes and design due to the unit’s extensive bespoke upgrades. It’s a 3rd-floor corner / end unit, featuring 4 bedrooms and 4.5 bathrooms, but the floorplan has been slightly changed, see image below.
Property Features
Location: W Bay Bch North | Bl/Par: 11B / 97H301A | View: Beach Front |
Type: Residential | Area: 25 | Status: Reduced |
Reduced Date: Dec 02 2024 | Ori. Price: US$ 13,275,000 | Year Built: 2024 |
Bed Rooms: 4 | Bath Rooms: 4.5 | Den: Y |
Square Feet: 5,030 | Separate Garage/Space: N |
Building Features
Oven: Electric | Dishwasher: Yes | Microwave: Yes | Disposal: Yes |
Refrigerator: Yes | A/C: MULTI-ZONE | TV: Cable | Washer/Dryer: Yes |
Pets: Yes | Elevator: Yes | Pool: Yes | Tennis: No |
Fence: No | Cistern: No | Well: No | Sewer: Yes |
Septic: No | City Water: Yes | Dining Area: Yes | Breakfast: Yes |
Kitchen: Yes | Living Room: Yes | Utility: Yes | Family Room: Yes |
Porch: Unscreened | Patio: No | Garage: 1 | Car Port: No |
Dock: No | Security / Alarm System: Yes | Occupant: None |
Additional Features
Strata#: TBD | Monthly Maint. Costs: US$ 1 | Insurance in Maint. Costs: Yes |
Sewage in Maint. Costs: Yes | Pest in Maint. Costs: Yes | TV in Maint. Costs: Yes |
AC in Maint. Costs: Yes | Pool in Maint. Costs: Yes | Gardening in Maint. Costs: Yes |
Floor Level: 3 | Stories-Bldg: 10 | Stories-Condo: 1 |
No# of Units: 54 | Furnished: No | Water Frontage: Yes |
Approx. Water Frontage: 300 | Land Certificate: Not Issued | Construction: Concrete |
How Shown: By Appointment/List | Class: Under Construction | Foundation: Slab |
Title: Freehold | Possession: At Completion | Short Term Rental: — |
Long Term Rental: — |
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