Buying Land in the Cayman Islands - A Rewarding Investment Opportunity

Written by Posted On Wednesday, 29 May 2019 04:37
Buying Land in the Cayman Islands Buying Land in the Cayman Islands

Thinking of buying land in the Cayman Islands? It can be a great investment, whether as a personal investment as a place to build your new home, or as a business investment, if you are looking to start or expand your company.


In any case, there are many options for Cayman Islands land for sale, and it’s worth taking a look at some of the properties to see which ones suit your needs and your budget.


The popularity of the islands among visitors and potential buyers has led to a boom in new residential and resort developments, increased business development, new infrastructure and upscale shopping, dining and related services. These are all reasons why buyers are increasingly looking at Cayman Islands real estate.


The British territory is consistently favored by expats as a place to invest, live, work and play. All of these factors contribute to the high demand for Cayman Islands real estate.


For those seeking to buy land in the Cayman Islands, the quality of properties is exceptional. The range includes a span from $250,000 to $1.45 million, according to current listings. Among the available properties as of this writing is a stunning oceanfront parcel in Prospect Point that has a professionally engineered steel reinforced seawall. It’s a perfect place to build a residence. Also listed is a beautiful canal lot in Rum Point. Canal-front and other waterfront properties are options, so it’s worth checking with a real estate agent to consider and view all options.


Buying property in the Cayman Islands is a big decision, but once the decision is made, the process is relatively easy. For instance, in the Cayman Islands, non-residents are able to get a mortgage, open bank accounts and move through the real estate purchasing process without the hassles of red tape. All real estate title transactions are guaranteed by the government, and, in fact, the government encourages foreign investment in island properties. And, there are no annual property taxes or personal income tax in the Cayman Islands.


Cayman Islands land for sale, according to research, is attractive to investors. Those who are interested in finding the right property are best served by contacting Cayman Islands real estate agents who are knowledgeable about not only properties and have access to all MLS listings, but also knowledgeable about all steps leading to purchase.

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