Regatta Townhomes launched

Paramount Group – a local media, real estate and retail conglomerate – has announced the latest in a series of prestigious real estate developments in the Cayman Islands.

Paramount Group Directors Kent Rankin and Kenny Rankin survey Regatta Townhomes plans

Paramount Group Directors Kent Rankin and Kenny Rankin survey Regatta Townhomes plans with a site worker.
Photo: Submitted

The Regatta Townhomes in Omega Bay offer waterfront luxury at a reasonable price, near Patrick’s Island, said a press Paramount release.

‘The Paramount Group recognizes that everyone wants convenience and luxury in their everyday life, particularly in the Cayman Islands where we are so work-oriented,’ Kenny Rankin of Paramount Group said in the press release.

‘This development addresses all the needs of the modern family and professional who wish to increase quality of life drastically.’

The Regatta Townhomes are nestled in a picturesque peninsula, right near Patrick’s Island. Nine units comprise a streamlined building, flanked by high-end homes and gorgeous canal front views. End units share panoramic views of the North Sound.

‘At The Regatta Townhomes, single professionals, families, everyone can enjoy the peace, views and joys of waterfront living,’ said Mr. Rankin.

The Regatta Townhomes are priced at CI$285,000 and CI$295,000 for middle units and end units. Outdoor amenities include canal front position, a large amount of dock space and quick access to the North Side via boat. The Regatta is also close to a full service marina.

‘Not only are we a five minute drive from George Town, schools and community activities, on the water, we are a 15-minute boat ride from North Side, Kaibo and Rum Point,’ said Mr. Rankin. ‘We truly are closing the circle of daily life; making everything easier and more convenient.’

The interior of the Regatta town home is equally as lush as its location. All units boast extra large master bedroom spaces with en suite bathrooms, large walk-in closets and views. To fully capitalize on the waterfront breeze and view, each unit also has a front and back porch. Luxurious fixtures, granite countertops and radiant cabinetry will set off the reflection of the waterfront view perfectly.

The second property in this series, Mangrove Point, plans to break ground before the end of 2006. This residential community is located centrally in George Town, off of Linford Pierson Highway, near Jose’s Esso.

The Regatta Townhomes pricing are scheduled to open for occupancy in December 2006. Prices will increase closer to this time. Interested buyers and agents can contact [email protected]