Caribbean MLSReal Estate

4 bedroom property for sale - 1.52 Acres - prime West Bay Road Development Site Across From Planned 10 Storey Hyatt Centric in the Cayman Islands

Available on request

The brief

The reason to consider it.

Rare 1.5249-acre development assembly on West Bay Road, directly across from the planned 10-storey Hyatt Centric Residences in the heart of the Seven Mile Corridor. The offering comprises five contiguous parcels (Block 13B, Parcels 48, 67, 76, 77 & 79) — a scale of unified holding in this corridor that rarely reaches the open market.

Title is clean and development-ready: Land Certificate issued, no restrictive covenants. Included is a furnished single-storey residence of approximately 3,000 sq ft — 4 bedrooms, 2 bathrooms, den, family room, screened porch, patio, central A/C, city water and single garage (1988, frame construction) — currently tenanted, providing immediate holding income while plans are advanced.

The corridor is undergoing a generational transformation. With the Hyatt Centric project advancing across the street and Government actively considering mixed-use development of up to 30 storeys opposite the beach, this site sits at the centre of the corridor’s next phase of growth. Currently zoned Low Density Residential, the assembly presents a compelling rezoning case consistent with the corridor’s emerging character — a detailed Development Brief is available to qualified purchasers on request.

Land of this scale, in this location, at this point in the corridor’s evolution, is effectively irreplaceable. Shown by appointment. Possession at completion.

Last confirmed

Year built
1988
Type
Land
Land
66,413 ft²
Zoning
Low Density Residential
Topography
flat
Build ready
Yes
Subdivision approved
Yes
Water
Yes
Permitted uses
Single family

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