Caribbean MLSReal Estate

10 Bedroom Multi-Unit Development for Sale in Prospect, Cayman Islands

Available on request

The brief

The reason to consider it.

This is a rare opportunity to acquire a fully furnished, income-producing, five-unit residential development in Prospect, Grand Cayman. The property is set within a gated complex with a shared swimming pool and generates a total monthly rental income of CI$15,500.

The development comprises five well-appointed townhomes, including two spacious two-bedroom plus den residences and three two-bedroom residences, each featuring 2.5 bathrooms. With a combined 6,737 square feet of living space, every unit is fully furnished and includes an assigned parking space. Residents enjoy the benefits of a secure, low-maintenance community complete with a private swimming pool and gated entrance.

Ideally located on Trophy Crescent in Prospect, the property is just minutes from Grand Harbour, where supermarkets, restaurants, cafes, fitness centers, and everyday conveniences are readily available. George Town is also a short drive away.

Last confirmed

Year built
2024
Type
Townhouse
Land
13,939 ft²

What this listing includes

  • Pool
  • Gated community
  • Parking
  • Furnished
  • Pet friendly

What people say about Cayman Islands

Sources agree that buying in Grand Cayman is tax-light but not cheap to live with.

  • Concern Cayman is among the most expensive places to live; imports and housing drive it
  • Positive No annual property, capital gains or inheritance tax; one-time stamp duty is the main purchase cost (7.5%, 10% above CI$2m from 2026)
  • Mixed Permanent residency by property needs CI$2m of developed real estate and is quota-limited; a cheaper 25-year certificate carries no right to work
  • Mixed Strata fees are a material carrying cost, higher on Seven Mile Beach

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law