Caribbean MLSReal Estate

Luxury hotel/resort in George Town, Cayman Islands

Available on request

The brief

The reason to consider it.

Positioned on North Church Street, at the gateway to Grand Cayman’s most coveted shoreline, the celebrated Seven Mile Beach corridor, this is a rare opportunity to complete this partially developed luxury boutique hotel and residences, formerly known as Kailani Grand Cayman. Extending across approximately 1.8 acres of direct ocean frontage, it ranks among the most significant waterfront sites in the region and offers access to Cayman’s high-yield luxury-tourism market. The opportunity carries a considerable head start with a partially completed seven-storey structure above an underground parking level, already completed and anchoring the shoreline. The site benefits from Hotel/Tourism zoning, with development plans in place for a luxury boutique resort and residences and the most capital-intensive early phases have already been undertaken. What remains is the opportunity to complete and define a signature address: as a boutique luxury spa, business and eco-resort in line with its original vision or alternatively adapted as luxury oceanfront residences or another form of boutique hotel, or combination of the two (subject to variations to the original planning permissions, if required). As originally designed and developed to date, the scheme comprises approximately 80 suites and residences across approximately 146,800 square feet - from studios and one-bedroom suites to expansive two- and three-bedroom executive residences, the largest approximately 3,100 square feet in area. The design further envisages an oceanfront pool and waterfront leisure amenities, overlooking a sandy beach cove, multiple dining venues, conference and business facilities, a dedicated seventh-floor wellness centre, all oriented to command uninterrupted ocean and sunset views across the Caribbean Sea. Few sites on island can rival this setting and the property occupies a prominent position at the gateway to the Seven Mile Beach corridor, approximately 350 metres away from the new Grand Hyatt Resort & Spa, and a short drive from Grand Cayman’s most distinguished resorts including The Ritz-Carlton and the Kimpton Seafire. The Seven Mile Beach corridor is home to some of the highest-value oceanfront residences in the region yet within easy reach of the dining and business centres of George Town waterfront and Camana Bay. Beyond the setting, Grand Cayman offers a foundation few destinations can match: a stable, secure, US-dollar economy with no direct taxation, a mature and thriving luxury-tourism market, all roughly an hour’s flight from Miami. With record visitor numbers and island-wide hotel revenue rising more than 17% year over year in the first half of 2026, ADR up over 6% and RevPAR up over 16%, the destination offers the proven, high-yield demand that underpins an institutional-grade hospitality investment.

Year built
2024
Type
Commercial
Land
78,404 ft²
Use
Hospitality
Lettable area
147,250 ft²
Zoning
Hotel/Tourism

What this listing includes

  • Beachfront
  • Ocean view
  • Fitness centre
  • Spa
  • Pool
  • Restaurant or bar
  • Conference room
  • Hotel-managed

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