Caribbean MLSReal Estate

Development Opportunity - High & Dry Lot In Northward - .53 Acres

Available on request

The brief

The reason to consider it.

A large development lot located in the quiet, well-established residential neighborhood of Northward. Surrounded by quality family homes, this area is known for its peaceful atmosphere and strong community feel making it an ideal location for a private residence or duplex development.

Zoned Low Density Residential, this high and dry parcel (9ft above sea level) offers excellent potential for building a stunning single-family home or investment property. The lot benefits from dual access via Will T Drive and Northward Road, with the proposed new by-pass road nearby that will enhance connectivity and shorten the commute time to town.

Conveniently located just a short drive from Countryside Shopping Village, offering supermarkets, restaurants, schools, and other key amenities.

Last confirmed

Type
Land
Land
23,412 ft²
Zoning
Low Density Residential
Topography
flat
Elevation
2 m
Permitted uses
Single family, Duplex

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