Caribbean MLSReal Estate

Duplex Lot With Plans In The Brand New - New Town Development

Available on request

The brief

The reason to consider it.

A rare opportunity to secure build-ready acreage in the brand new - New Town development, an exciting new community now underway in the heart of Prospect.

Each lot is sold with approved architectural plans, offering a choice of three contemporary duplex designs. Purchaser also has the option to construct their own single-family home if preferred.

New Town is envisioned as a modern, amenity-rich neighbourhood, with future plans to include a gated entrance, communal swimming pool, pickleball courts, landscaped green spaces, and pedestrian-friendly internal roads. As the development progresses, residents will benefit from a cohesive, well-designed community environment that blends convenience with lifestyle.

Positioned close to schools, supermarkets, medical facilities, restaurants, and the expanding EastWest Arterial, New Town offers excellent accessibility within one of Cayman’s fastest-growing districts. This duplex lot presents an attractive opportunity for investors, families seeking multi-unit living, or purchasers looking for income-producing potential in a thoughtfully planned community.

Last confirmed

Type
Land
Zoning
Low Density Residential
Build ready
Yes
Subdivision approved
Yes
Permitted uses
Single family, Duplex
Land
Available on request

What this listing includes

  • Pool
  • Gated community

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