Caribbean Realty in the Cayman Islands
The Cayman Islands are a British Overseas Territory in the Caribbean and the realty here is indeed highly valuable. Government allows foreign citizens to own property in the islands with freehold title for personal use without any restrictions. There is also a good system of recording all land transactions, including creation of charges, under the Land Registry section of Land and Survey Department.
What makes the real estate really valuable is the nature of the situation here. Cayman Islands has one of the highest living standards in the world, with an elite community of wealthy retirees from all over the world and high net worth employees of the Cayman financial centre, the fifth largest centre in the world. Despite the wealth, crime is low on the main island of Grand Cayman and non-existent on the system islands of Cayman Brac and Little Cayman.
Real Estate in the Cayman Islands
The following properties offered by developers are top value properties facing or close to beaches and other water bodies. Plots in these planning approved properties come with infrastructure like asphalt roads and access to electric power.
The Dubli Golf & Beach Resort is an elite project on the Rum Point Drive facing the Rum Point Beach on the north of Grand Cayman. The property features a four-hole golf course, beach club and resort condominium in addition to several plots.
The Little Dolphin Estate on the Cayman Brac is located amidst green environs and is near the northern beaches of the island.
The Little Cayman Estate on Little Cayman Island starts from the North Coast Beach and extends into the interior greenery.
The Lakeside Estate on the same island is adjacent to the Sandy Point Lake which is close to the south eastern beaches of Little Cayman.
Each plot comes with a dedicated villa design and full set of architectural and construction documents for a Single Level or Split Level villa or a Duplex Townhouse. These beautifully designed villas blend into the Caribbean environs.
Developers of these properties allow you to pay the land price in five yearly installments, interest-free. You also have the option of receiving assured returns of 4 percent per annum for five years on your investment, in return for giving the developers an option to buy back the property during the five years at 20 percent above the price you paid.
Investment in Caribbean realty on the Cayman Islands is indeed top value considering all the factors including the high living standards, unique attractions on each island and the comparative absence of crime.
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