Property In The Cayman Islands
Perfectly situated in the western Caribbean Sea, lying south of Cuba and northwest of Jamaica, the Cayman Islands are amongst the most beautiful of all the islands in the Caribbean. From white sand beach, to bird sanctuary and forest, there is an incredible array of activities awaiting visitors to this pristine group of islands.
First discovered by Christopher Columbus in 1503, the Cayman Islands are comprised of three separate islands, each with their own unique identity and appeal. The largest of the three islands is Grand Cayman, where the majority of the developed tourist industry can be found, primarily around the popular Seven Mile Beach region. The two 'sister islands' of Cayman Brac and Little Cayman are located approximately 80 miles east of Grand Cayman, and cover 14 and 10 square miles respectively.
The Cayman Islands has a traditionally robust tourism industry, and every year large numbers of tourists visit the islands from destinations throughout the US, Europe and even as far as Asia. Home to some of the best scuba diving destinations in the Caribbean, the Cayman Islands offers visitors the opportunity to scuba dive with stringrays, dolphins and a wide variety of other marine life throughout the clear blue waters surrounding the islands.
The demand for property in the Cayman Islands however is not simply driven by the islands considerable tourism industry. Indeed, of equal appeal is the Cayman Islands status as a income tax free destination, and it is therefore understandable that the islands are home to more companies than residents. With an average income of approximately KYD$47,000 per annum, the residents of the Cayman Islands have the highest standards of living of anywhere in the Caribbean. 
The Cayman Islands are home to a large financial services industry, and today the islands are ranked as the fifth largest banking centre in the world. Understandably, the inevitable influx of high net worth individuals which this has attracted has resulted in a large and sustainable demand for real estate in the Cayman Islands. Far from decreasing, at present this trend shows only signs of increasing in the years to come.
Although there is already an established tourism industry in the region, there is a considerable demand for vacant land in the Cayman Islands, as many investors seek to capitalise on the considerable potential for development away from the main tourist areas on Grand Cayman. We offer a wide range of vacant land for sale in the Cayman Islands, primarily focused on Cayman Brac where we offer a number of excellent investment opportunities.
Access to the Cayman Islands is primarily through the Owen Roberts International Airport on Grand Cayman, although there is also the Gerrard Smith Airport on Cayman Brac. These two airports serve as the main access points for the Cayman Islands, and between them they service 55 flights every week into the islands. Although the majority of flights to the Cayman Islands are from the Florida airports, British airways now also offers four direct flights every week to the Cayman Islands from London.
Why invest in vacant land in the Cayman Islands?
- Government figures indicate stronger than predicted recent economic growth, with an encouraging forecast for continuing growth. (Source: The Cayman Islands Annual Economic Report 2010)
- The Cayman Islands had a 271.2% increase in the value of properties transferred in the - January to March 2011 quarter of 2011, amounting to a staggering $253.9m which out performs many economies. (Source: Cayman Islands Governments First Quarter Economic Report)
- A location that’s becoming increasingly popular from a tourism and commercial perspective, with strong interest from the American and European markets.
- Democratic British Overseas Territory with investor-friendly property ownership laws, including no restrictions on foreign ownership of land or buildings.
- Progressive government which actively fosters support for the residential, tourism and commercial environments, thus demand for real estate could soon outstrip supply.
- Highest standard of living in the Caribbean with minimal crime and political stability.
- Ultra-modern and sophisticated infrastructure.
- Premier logistical and business hub with one of the foremost financial centres in the world.
- Voted the number one destination in the Caribbean. (Source: 2011 Tripadvisor Traveller’s Choice Awards)
- No income tax, no inheritance tax, no capital gains tax and no tax on non-domestic residency.
- Thriving financial community which lends itself to a strong economy.
- Low entry, asset backed and minimum risk.
- SIPP (self-invested personal pension) authorised and approved in the UK.
- Up to 10 years INTEREST FREE payment terms. (Your money is not locked up in one place, so you have freedom of your funds to extend into other investments.)
- Low entry level of just £1,000 to reserve a freehold land plot with full planning permission in what’s been dubbed the ‘British West Indies’ ... the Cayman Islands.
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Royal Residence - Vacant land for sale in the Cayman Islands. £108,634The Royal Residence is a development of 15 freehold building plots on the island of Grand Cayman in the Cayman Islands. The vacant plots come complete with planning permission to build a dream villa. The Royal Residence is situated on East side of Grand Cayman, and is just minutes away from the Caribbean Sea. The Royal Residence is the newest development on Grand Cayman, and there is a total of 9 plots available for sale. >> view detail
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Selworthy Grove - Vacant land for sale in the Cayman Islands (SIPP Approved)£39,750The Selworthy Grove development is located on Cayman Brac which is one of the two sister islands of Grand Cayman. If you are looking for a great investment where you can purchase freehold plots of land with permission to build, then give us a call. We can assist in building your own property in the sun. Part of our offer includes free architectural drawings with each land plots. SIPP and FSA Approved. >> view detail
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