Caribbean MLSReal Estate

Freehold - Prime Development Opportunity in Beach Bay

Available on request

The brief

The reason to consider it.

Freehold - Prime Development Opportunity in Beach Bay

An excellent opportunity to own a piece of land in the rapidly emerging Beach Bay area of Grand Cayman. With the highly anticipated Mandarin Oriental hotel development bringing increased attention and investment to the area, Beach Bay is poised for significant growth. Land values have appreciated considerably over recent years, making this an attractive opportunity for both investors and those looking to build.

This 0.29-acre lot comes with approved building plans, offering a head start on your development. The property has also been partially filled and cleared previously, with no large trees remaining to be removed, helping to simplify the building process.

A fantastic opportunity to secure land in one of Grand Cayman’s up-and-coming locations.

Last confirmed

Year built
2024
Type
Villa
Land
12,615 ft²
Zoning
residential
Topography
hilltop
Build ready
Yes
Subdivision approved
Yes
Road frontage
50 m
Elevation
10 m
Water
Yes
Electricity
Yes
Mains drainage
No
Internet
Yes
Permitted uses
Single family, Duplex
Interior
Available on request
Media on file
Available on request

What this listing includes

  • Air conditioning
  • Garden

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