- Project Name Cayman Islands
- Price From 40,000 GBP
- Location Cayman Islands
PORTFOLIO SUMMARY
This plot is located within a gated community situated in an exceptional location on the south coast of Cayman Brac with stunning ocean views and right in the heart of the town centre. The development runs at a slight elevation providing panoramic ocean views for the plots. Plots of land with full planning permission granted and architectural drawings already approved our UK based developer is ready to build your dream residence to specifications.
WHY INVEST IN CAYMAN BRAC?
There is a limited supply of residential building land on a small and exclusive island that is currently in the cycle of development. As Cayman Brac moves forward with many developments into the next number of years, demand for freehold building land is expected to increase. This demand as such is where most people expect to see a stable return. With Cayman Brac only being 12 miles long by 1.5 miles at the widest point, buying a freehold building plot of land with planning permission would be seen as a very secure option by many purchasers.
WHY THE CAYMAN ISLANDS?
An important part of what makes the Cayman Islands an attractive destination for investors to place their capital is our tax-neutral regime. This is a globally responsible tax model that is simple, transparent and supports the flow of investment capital and financing without harming the tax bases of other countries With no property taxes, owning land in Cayman is a solid and hassle-free investment. You can build when you are ready, or sell the land for a profit when it is convenient or necessary. Land sales for the first half of 2019 were down by 12% and the value of the transactions was also down 6%. That does not mean that land values are dropping, however, in fact, the prime parcels continue to rise in price. But we are starting to see a lack of supply of good beach parcels or lots in well located canal communities. Those properties that are still available are somewhat inferior to previous sales, so lower pricing is appropriate. However, quite a few smaller, low priced inland lots have been selling to satisfy residency requirements, and those sales have brought the average sale price down more than any other factor.
PAYMENTS
Reservation Fee – £1000
Deposit – 40%
3 Year 0% Interest Free Payment Plan – £805 pcm
OTHER OPTIONS
Grand Cayman
Little Cayman
Cost to build starts from 300,000 GBP
