Turn-key villa plots in the Caribbean tax haven of Cayman Islands
These modern Cayman villas are located on four different locations across all three islands including the north side of Grand Cayman, one of the most sought after stretches of luxury real estate in the world, also known as Millionaires Row.
All plots are on or near the beach and have fantastic sea views and access to a white sandy beach and all plots are freehold and sold with full architectural plans included.
You will be able to choose from three stunning contemporary architectural design concepts. The concept offers you the option to adopt one of three luxury, turn-key villa designs for your choosen plot making it a bespoke and individual residence.
The architect designed turn-key opportunity will include full planning permission and building licenses in place to build your chosen modern villa design. The turn-key projects will be available for a fraction of the cost associated with building a Cayman villa independently.
The Cayman Islands offer a world-class offshore financial industry coupled with beautiful surroundings on one of the safest islands in the Caribbean. The Cayman Islands offer political stability, accessibility of transportation, excellent communication and the highest per capita income in the Caribbean.
Also, with the 10th most valued currency in the world, the highest standard of living in the Caribbean, its own stock exchange, no direct taxation and a distinguished financial reputation, it makes sense for astute investors to consider the Caymans along with its vibrant luxury living.
Contemporary architect designed villas
The architect designed villa options will be made up of three different villa types
The modern Cayman villas boast a minimum of 2,000 sq.ft living space and range from 2 to 4 bedrooms.
Bespoke architectural drawings is delivered for each plot including all the construction documentation required for building your contemporary villa in the Cayman Islands.
The developer will submit the documentation and architectural designs necessary to obtain the licenses for construction as well as manage tenders and the construction of the property.
Full interior design services will also be provided.
The freehold plots are delivered complete with full infrastructure in place, including road and connection to the island’s power supply.
Once payment terms are fulfilled, you will receive full title on your plot granting freehold ownership protected and guaranteed by the Cayman Island Government Land Registry Department.
Buy Back Option
If you are seeking a guaranteed return on your investment you can choose to include the developer buy-back option when purchasing a plot.
The buy-back option provides the developer with the opportunity to repurchase a plot at any time during the 5 year payment period at 20% above the purchase price.
In exchange for the buy-back option the developer agrees to pay the investor a guaranteed return of 20% over 5 years (4% per annum).
If the buy-back option is exercised you will still receive the full 20% return with the outstanding balance compounded into one final payment.
Cayman Islands
Bathed in the sparkling, turquoise waters of the Caribbean Sea lies this unique offshore banking haven that boasts an attractive combination of British common law, tax privacy, and an enviable tropical climate.
The Cayman Islands foster one of the wealthiest and most privileged populations in the world, with the highest output per capita and amongst the world's highest standards of living on earth.
The Caymans remain an ultra-elite island destination with the 10th highest valued currency in the world, their own stock exchange, the absence of direct taxation and a well established financial reputation. This attractive tax haven offers several benefits such as
- No local taxes - there is no income tax, no inheritance tax, no non-residents tax, no capital gains tax or other similar taxes in the Cayman Islands
- Stability and security - the Cayman Islands has a stable government, sophisticated infrastructure and a strong economy based on international banking and tourism
- British territory operating British Common Law
- Residency applications are encouraged by the government from people of independent means
- No restrictions on foreign ownership of land
- Land Recordation: Cayman's Land Registry system is well organized and up-to-date system which guarantees title as all deeds are registered in one location. The land transfer process is expeditious and secure.
With no direct taxation, the islands are a thriving offshore financial centre. More than 87,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997.
Several airlines serve the Islands, which are just over one hour south of Miami. These include Cayman Airways, American Airlines, USAIR, Northwest, Delta, Continental, Air Canada, British Airways, and Air Jamaica. The national carrier serves Miami, Houston, Tampa, Orlando, Fort Lauderdale, Boston, Chicago; Kingston and Montego Bay, Jamaica; Havana, Cuba; and Cayman Brac and Little Cayman.
Direct links with other US gateways such as Atlanta, New York and Charlotte are provided by the US carriers serving the Islands.
Regular, direct scheduled flights departing from London Heathrow to Grand Cayman’s Robert Owen International Airport are available with British Airways
Purchase Details
In addition to the cost of the land and the architectural drawings that are included, construction costs are estimated to USD200-250/sq ft depending on the design option and the villa configuration.
All relevant due diligence has been carried out on each building plot by one of the leading law firms on Grand Cayman. Copies of all the necessary documentation are available upon request.
Each plot of land is purchasable under the following terms:
- Reservation Fee £2,000 paid upon signing of the Reservation Agreement
- Deposit due within 7 days of reservation
- Remaining balance is paid every quarter over 5 years, interest free
Payment schedule for villas to be advised.
The Cayman Islands are a British Territory operating British Common Law, so buyers will have the same rights as they would purchasing in the UK.
Enquire about Cayman villas, Cayman Islands
Modern Homes Worldwide is an authorised sales representative of Cayman villas
