Investment Property in Cayman Islands
Posted by davidr on 4 th in Caribbean Investments, Cayman Islands property news, DSR, Investment Property, Land on 4th of November 2010
With a choice of stunning sites on Grand Cayman, Cayman Brac and Little Cayman, these plots offer a broad spectrum of investment opportunities. There are no construction timescales imposed, allowing the assets to perform as long-term investments that will increase in value as the raw land is enhanced by the installation of infrastructure. The developer is contractually obligated to provide roads, water and electricity facilities.
With stunning views across unspoilt beaches and the azure waters of the Caribbean sea, the Cayman Islands are a British Territory that offer the security of British Common Law coupled with the enviable absence of taxation.
Each plot of land has been zoned for residential development and allows the individual investor to acquire affordable real estate on an idyllic tax haven – where supply is limited and demand is growing.
Investors can also expect to take advantage of natural capital growth trends which have demonstrated 112% increase in value over the past 7 years.
For those who wish to add further value to their asset, the House In a Box concept offers the opportunity to create a contemporary, and highly marketable turnkey villa project, with complete and fully approved architectural plans.
Individuals wishing to construct their dream villa can also take advantage of a highly experienced project management team to create their beautiful, modern villa. Construction fees are anticipated to start from approximately US$220 per ft2, whilst completed villas can expect to sell from US$400 per ft2, in todays marketplace.
