Cayman Islands are Paradise--No Taxes, Natural Beauty, Tranquility, and Much to Enjoy
Real estate plots of land and property are highlighted below with a quick link to those currently for sale.
The Cayman Islands are beautiful with lush tropical vegetation, sapphire blue water, and diamond clear surf splashing onto pearl white beaches. First discovered in 1503 by Christopher Columbus, they are still being discovered every day by people from all over the world. As a British Overseas Territory--the Cayman Islands are an English speaking country with a stable democratic government, and NO taxes. Grand Cayman, Cayman Brac and Little Cayman in the Cayman Islands enjoy the highest standard of living in all the Caribbean, with one of the lowest crime rates anywhere. Foreign ownership of Cayman Islands real estate is welcomed, and the Cayman Islands government guarantees all real estate plots of land ownership titles. Real estate plots of land of all sizes are available, making it easy for any size budget to purchase Cayman Islands real estate and own a piece of paradise in the Cayman Islands.
"The Cayman Islands are the largest offshore mutual fund registration center in the world and the second largest offshore insurance center with GDP per capita very high at $55,000. Tourism and offshore industries are the mainstays of the economy. The Cayman Islands' status as a British Overseas Territory has contributed to its strong legal and accounting systems. The Cayman Islands has taken legal and regulatory measures to satisfy concerns regarding money laundering through offshore banking, ultimately leading to its removal from the OECD's "gray list" of jurisdictions that had not fully implemented internationally agreed tax standards. The government's financial strength is considered to be "very high." "
Source: Moody's Investor Service 2010
Cayman Brac and Little Cayman are nestled only 6 miles apart, and they are referred to as the Sister Islands, of the Cayman Islands. and remain mainly residential communities, with easy going laid-back island life at its best, a truly remote island experience without crowds on the beach or anywhere. With infrastructures that don't even require a traffic light or round-about, walking and biking to destinations is enjoyable and safe. Courteous drivers greet others with a wave and automobile horns are used more to toot hello than to alarm a traffic problem, in the tranquil Sister Islands of Cayman Brac and Little Cayman.
Cayman Brac real estate property boasts the highest elevation of the three islands, with a plateau called The Bluff which runs the entire 12 mile length and provides gorgeous panoramic views of the sapphire blue sea. Bluff edge plots of land with homes, and beach front ocean property is much sought after Cayman Brac real estate. Cayman Brac has lots of nature to enjoy: birding, scuba diving, nature trails, cave exploration that is found in the Cayman Islands only in Cayman Brac, rock climbing on the Cayman Brac Bluff, and stunning stargazing in a pollution free sky.
Little Cayman is sleepy and tranquil with deserted white powdery sand beaches. A sanctuary for the Booby Birds, with peaceful nature trails, Little Cayman is also home to the famous dive site Bloody Bay Wall. With the smallest population in the Cayman Islands, Little Cayman provides a truly remote island experience, while providing Little Cayman real estate of beautiful beach front condominiums and vacation homes.
Grand Cayman, the largest and most commercial, is home to the sixth largest financial centre in the world, and has experienced the majority of Cayman Islands Real Estate development over the past 35 years. With luxury multi-million dollar Seven Mile Beach condominiums, homes on canal lots which join the sea, and a multitude of residential offerings, Grand Cayman real estate offers a little bit of everything for the real estate investor, and are ideal for investment in high-return real estate, or a vacation retreat of your own. Grand Cayman has every form of quality entertainment from world-class water sports to dinner theatre, and over 300 restaurants.
Beach Front Ocean Property -- Grand Cayman, Cayman Brac and Little Cayman Real Estate
Cayman Islands beach front ocean property, are plots of land with beautiful beaches and are among the most sought after real estate plots of land. Snorkelling, swimming and kayaking are right in the backyard on usual lake like calm water. Beach plots of land on Cayman Brac can be deep in length to stretch from the Caribbean Sea to the Brac Bluff cliffs as the backdrop. Cayman Brac real estate of this depth will allow for an island estate size home on the shore, and a set of rental apartments further back on the main road, with a band of vegetation between for seclusion. Investment real estate in Grand Cayman, Cayman Brac, and Little Cayman beach property will always have an excellent return when sold, and can provide a nice rental income when it includes an island home for short or long term lease.
Ocean View Property Bluff Edge -- Cayman Brac Real Estate
The Bluff on Cayman Brac is a 2 mile wide plateau, which stretches the length of the island, and rises from 30 feet to 150 feet elevation. Plots of land on the Bluff Edge are at good elevations above sea level and have spectacular panoramic views of the sapphire blue Caribbean Sea. Cayman Brac land plots for homes on the Bluff are forests of tropical vegetation. It's not difficult at all to be the only house seen for miles, or one completely unseen from the access road, in the seclusion that is found on the Cayman Brac Bluff land real estate. Choices in sizes of plots of land vary from around .25 acre to well over 18 acres. Let me know how I can help, and you'll here back from me within 24 hours.
More property for sale shown further down on this page.
Home Plots of Land and Subdivisions
Cayman Brac real estate home subdivisions are land mainly located on the interior of the Brac Bluff, with prime real estate locations offering plots of land that begin at the Bluff edge. These Cayman Brac land plot sizes range between .25 acre to around 4.5 acres. The most important thing if you are ready to build is that the roads are already paved, and that they reach your plot. Otherwise, you may have a delay for an undetermined time while waiting on the developer to complete the access roads. There are ample local building contractors, available to build the Brac home of your dreams. In Cayman Brac usual construction timeframe is under 12 months from obtaining building approval to move in.
Property within short walking distance of the shore, provides great island home sites with savings over beach front parcels in Cayman Brac, Little Cayman and areas of Grand Cayman. With a variety of coconut trees, palms and fruit trees, flowering shrubs and vines, every plot of real estate provides its own stunning beauty. Real estate investment property will bring a good rental income for homes that are close to shore.
Large Plots of Land for Development
Development property of large plots of land for commercial use or residential homes is readily available in Cayman Brac, Grand Cayman and Little Cayman in a variety of sizes, locations and features.
No Real Estate Taxes and Guaranteed Land Title for Cayman Islands Real Estate
Cayman Islands Real Estate purchases have a one time stamp duty currently at 6% in Cayman Brac. It is paid to the Cayman Islands government at time of land transfer and never again, absolutely! When purchasing raw land to be developed within two years in Cayman Brac the one time stamp duty is waived. There never have been any real estate taxes, and no inheritance tax. (There is also no income tax, corporation tax, sales tax, or capital gains tax in the Cayman Islands.) Cayman Islands real estate titles are guaranteed by the government as the Cayman Islands Lands Registry utilizes the reliable Torrens system of land ownership. Therefore, in the Cayman Islands, there is definitely no need for costly title searches or Title Insurance.
Development Incentives for Building in Cayman Brac
The Cayman Islands government allows Duty Free building supplies that are shipped directly to Cayman Brac for development. The government also waives the usual 2% Infrastructure Fee for commercial properties when building on plots of land in Cayman Brac. Cayman Brac is also home to the largest Cayman Islands rock quarry, this local supply and quick delivery saves on building costs. Local ready mix concrete, as well as a local concrete block factory in Cayman Brac, and good local building suppliers provides a savings over importing, helping investors to make the most of their development budget.
Grand Cayman Luxury Homes and Condos real Estate For Sale: