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Land for Sale in the Cayman Islands In the sparkling waters of the Caribbean Sea lies a unique offshore banking haven that boasts an idyllic combination of British common law, tax privacy and freedom, and an enviable tropical marine climate. The Cayman Islands foster one of the wealthiest and most privileged populations in the world, with the highest output per capita amongst the finest standards of living on earth. They remain an ultra-elite island destination with the 10th highest valued currency in the world, their own stock exchange, the absence of direct taxation and a distinguished financial reputation. The Cayman Islands offer a realistic and durable real estate investment strategy with the following attractive attributes:
Please send me more details about Cayman Islands land plots
The LocationThe Cayman Islands comprise of Grand Cayman, Cayman Brac, and Little Cayman. They lie south of Cuba and north west of Jamaica, time zone GMT -5. Grand Cayman is by far the biggest with an area of 76 square miles. The two "Sister Islands" of Cayman Brac and Little Cayman are located about 80 miles east of Grand Cayman and have areas of 14 square miles and 10 square miles respectively. All three islands are surrounded by healthy coral reefs, which lie at the top of dramatic walls and drop-offs close to shore, creating ideal conditions for diving and sport fishing. History Christopher Columbus discovered the Caymans in 1503. They remained uninhabited until well after the 1670 acquisition of the islands by the British Crown, which has held dominion over the three islands ever since. Its superior diving conditions put the Cayman Islands on the international tourist map in the early 1950s. Despite its diminutive size, Little Cayman quickly established itself as a top diving site. Bloody Bay Marine Park has some of the best wall diving anywhere in the world. During the next decade, Caymanians began to draw up the tax structure that would make Grand Cayman an economic powerhouse and at the same time put in place an infrastructure that has made it the undisputed capital of Caribbean tourism.
Money With no direct taxation, the islands are a thriving offshore financial centre. More than 87,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997. With an average income of around $42,000, Caymanians enjoy the highest standard of living in the Caribbean, indeed, one of the highest in the world. The official currency is the Cayman Islands dollar (CI$) and permanently fixed at an exchange rate of CI$0.80 to US$1 (US$1 equals CI$1.25). Travel Several airlines serve the Islands, which are just over one hour south of Miami. These include the national airline Cayman Airways, American Airlines, USAIR, Northwest, Delta, Continental, Air Canada, British Airways, and Air Jamaica. The national carrier serves Miami, Houston, Tampa, Orlando, Fort Lauderdale, Boston, Chicago; Kingston and Montego Bay, Jamaica; Havana, Cuba; and Cayman Brac and Little Cayman. Direct links with other US gateways such as Atlanta, New York and Charlotte are provided by the US carriers serving the Islands. Regular, direct scheduled flights departing from London Heathrow to Grand Cayman's Robert Owen International Airport are available with British Airways.
Climate The Cayman Islands boast an exotic, tropical climate throughout the year, with trade winds moderating high temperatures which range from 25C in winter to approximately 30C in summer. High season runs from December to April where temperatures are generally cooler and more favourable for tourism. The rainy season is typically from May to October with short burst showers. Strict building codes are in place to withstand hurricanes. The government has appropriate measures in place to prepare for such conditions and offers a hurricane protection policy guarantee in order to maintain tourism growth. Please send me more details about Cayman Islands land plots
In the face of current global market conditions, the average number of Cayman land transactions for the first half of 2009 was actually higher than it was for the same period in 2008. This trend is expected to accelerate as investors capitalize on these tax free real estate propositions, while inflationary pressures continue to affect the US dollar. A viable, and potentially lucrative opportunity to purchase freehold plots with planning consent for residential developments is now available to investors. These building plots will be delivered with all communication and utility infrastructure in place, including roads and electricity, thereby giving owners the opportunity to develop their own bespoke luxury villas. Alternatively, with no obligations to build in place, owners may elect to bank their land and realize their investment at a later date. Please send me more details about Cayman Islands land plots Developing your plot Owners can maximize the real estate potential of their land by developing a villa for personal use, for rental income, or simply to sell on at completion. A choice of architects, surveyors, engineering and project management services, plus an extensive choice of internationally recognized general contractors is available to facilitate a straightforward and bespoke purchase.
Realizing your investment As populations grow, the challenge of balancing the increasing need for housing with the growing importance of environmental and heritage concerns means that land with development or building potential can provide increasingly strong returns for investors. Undeveloped, these building plots offer two exit strategies; the first, taking advantage of the price increase that will be associated with the completion of infrastructure components, an undertaking that has been guaranteed by the current land owner. The second, longer term scenario, will harness the combined raised value facilitated by both infrastructure and international inflationary driven land value increase. Please send me more details about Cayman Islands land plots
Payment Plan Options Each parcel of land is purchasable under the following terms:
Purchase procedure
Due diligence All relevant due diligence has been carried out on each building plot by Maples and Calder, one of the leading law firms on Grand Cayman. Copies of all the necessary documentation are available upon request. Ocean Bay - Little Cayman Insight Property Group is delighted to be able to offer our clients the opportunity to purchase one of a select number of exclusive villa plots in Little Cayman. Ocean Bay is perfect for investors hoping to find their own piece of paradise on this beautiful Caribbean island. Stunning sea front plots are backed up by beautifully secluded pieces of land, making this site ideal for those looking to build an island getaway far from the madding crowd. The area features a protected nature reserve which will limit the amount of new builds and all the plots are naturally 4ft above sea level, a legal requirement on recent construction, so that there are no additional costs relating to this when developing your land. The beaches are made up of pure white sand which is ideal for children and sunbathers alike, and the shallow crystal clear waters are invitingly warm. 3 luxury turn-key villa projects are available for your plot. These contemporary concepts include full planning permission, building licenses and architectural designs from which to build your chosen villa. A crucial part of the service will be a dedicated project management team who will take full control of the construction of the properties and send detailed updates of the process back to you. The turn-projects will be available for a fraction of the cost associated with going it alone and add enormous value to the land plots. These exclusive front-line plots can be secured with a deposit of only US$1,999 with prices starting from US$199,000 and finance available. Enquire now though, as availability is limited and these are set to sell quickly. Please send me more details about Ocean Bay land plots on Little Cayman
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