Beach Groves, Where Luxury Meets Sustainable Island Living.
Welcome
Experience the serene bliss of Beach Groves, where the sun's warmth and the ocean's clean breeze rejuvenate your senses. Developed by the award-winning team behind Britannia & Beach Suites (now Palm Heights), this exceptional island oasis sits on the pristine Pease Bay beach, untouched by the hustle of life.
Construction begins in 2024, with completion planned within 18 months from commencement, promising a tranquil retreat designed with the utmost care for your comfort and connection with nature.
The Beach Groves Condos
Unmatched Paradise at Your Fingertips
Discover unparalleled amenities at Beach Groves Condos, featuring a refreshing pool and state-of-the-art gym, designed for your comfort and well-being in mind.
Preserving Nature, Enhancing Comfort
Beach Groves Condos is a pioneering eco-friendly resort, cherishing its Caribbean setting. Uniquely, over half of this development is dedicated to a protected nature sanctuary.
Our Secluded Haven in Grand Cayman
Beach Groves Condos, nestled in the heart of the Cayman Islands, offers 39 stunning apartments with seamless indoor-outdoor living and spacious terraces, all a short drive from the vibrant capital George Town.
What sets Beach Groves apart is its pristine beach location, untouched and thriving with natural beauty. Immerse yourself in the unspoiled shoreline, where thriving marine ecosystems and secluded sands await.
Oliver N.E. Scovell
Owner of Beach Groves
Oliver is the innovative Caymanian Owner of Beach Groves, breathing life into his unique vision for this island oasis. An alumnus of Ryde School and Oxford Brookes University, he champions sports, health, and environmental synergy. His fascination with blending technology and natural living was nurtured during his academic journey. A talented singer, Oliver's creative flair extends from the arts to sustainable living. With interests in cycling, rugby, gym, and water sports, he's a firm believer in the interplay of sports, nutrition, and environment. His philosophy of holistic living is embodied in Beach Groves, where luxury and wellness harmonize. As a proponent of sustainable development, Oliver is devoted to fostering an eco-friendly, health-conscious environment.
Why should you Invest?
Beach Groves Condos redefines luxury with a unique eco-conscious twist. Over 40% of its area is a protected nature sanctuary, showcasing its strong commitment to environmental preservation. Its' location within a bird sanctuary and Meagre Bay Pond, creates a tranquil oasis in the vibrant Caribbean.
The real gem, however, is its pristine beach at Pease Bay. In stark contrast to the overcrowded and overdeveloped Seven Mile Beach which features rows and rows of identical resorts, Pease Bay offers a serene, unspoiled retreat, providing a truly authentic and peaceful beach experience. Pease Bay mirrors what Seven Mile Beach once was - a haven teeming with fish, turtles, and other wildlife, and free from the hustle and bustle of crowds. It's a nostalgic nod to a time when nature was allowed to flourish undisturbed.
Seven Mile Beach
In addition to its unique eco-friendly features and serene beach, Beach Groves also offers the assurance of sustained tranquility and preservation of its natural surroundings. Unlike Seven Mile Beach, which has seen extensive development, Beach Groves is safeguarded against such encroachments. The bird sanctuary that lies adjacent to Beach Groves is protected by the National Trust, ensuring that this natural haven remains undisturbed. Furthermore, one of the neighboring lots is a government protected park, adding another layer of defence against overdevelopment. The surrounding area is also subject to restrictions on building density, preventing the rise of large, towering structures that could disrupt the area's natural beauty and tranquility. These protective measures ensure that Beach Groves Condos will continue to offer a peaceful, unspoiled retreat, preserving its unique charm and appeal for years to come.
Return on investment
Beach Groves Condos not only offers a unique eco-luxury experience but also presents an exceptional investment opportunity. Despite its superior environmental credentials and pristine beach, the land value at Beach Groves is significantly lower than that of Seven Mile Beach, priced at $32,000 per linear foot compared to Seven Mile Beach's which has some property approaching $500,000 per linear foot.
This disparity in land value, coupled with the fact that Beach Groves is currently at pre-construction prices, makes it a highly attractive investment. Historical trends suggest that property values at Beach Groves should increase by 10-25% per annum.
In addition to potential capital appreciation, Beach Groves also offers a lucrative income opportunity. If you choose to rent out the property, you could enjoy a cash return of 7% per annum. This combination of capital growth and income potential makes Beach Groves Condos an investment opportunity that's hard to overlook.
Investing in Beach Groves Condos can be a significant step towards securing residency in the Cayman Islands. As part of the residency requirements, a local investment of at least US$1.2 million is needed, with at least US$600,000 of this in developed real estate. By purchasing a property at Beach Groves, you're not only investing in a promising real estate opportunity but also fulfilling a key requirement for residency.
Beyond the lifestyle benefits, becoming a resident of the Cayman Islands can also offer substantial financial advantages. The Cayman Islands is known for its tax-friendly environment, with no direct taxation on residents. This means there are no income, capital gains, wealth, or inheritance taxes, which can lead to significant savings and financial growth over time. This combination of a potential increase in property value, rental income, and tax benefits makes investing in Beach Groves Condos a highly attractive proposition.