Caribbean MLSReal Estate

Olea 335 Penthouse (3-bedroom) in the Cayman Islands

Available on request

The brief

The reason to consider it.

Experience the perfect balance of comfort, style, and sustainability in this beautifully designed three-bedroom condominium overlooking lush greenery and the community’s central amenities. With its open-concept layout and inviting terrace, Residence 332 blends classic Caribbean charm with modern sophistication. Each bedroom offers a private ensuite bathroom, while the master suite includes a generous walk-in closet for added luxury.

Located within one of Grand Cayman’s most sought-after neighbourhoods, OLEA is a vibrant waterfront community positioned just south of Camana Bay’s Town Centre. Steps away from the Cayman International School, residents enjoy easy access to shops, restaurants, entertainment, and the pristine shores of Seven Mile Beach.

OLEA’s lifestyle amenities are second to none—featuring meticulously landscaped gardens, a resort-style swimming pool, and a state-of-the-art fitness centre. Designed with sustainability in mind, every residence includes solar panels, advanced geothermal cooling, LED lighting, and energy-efficient appliances to promote eco-conscious living.
Part of the expansive 685-acre Camana Bay development, OLEA connects residents to the island’s premier hub for business, leisure, and culture, where oceanfront luxury meets community spirit.

Last confirmed

Year built
2022
Type
Condo
Land
Available on request

What this listing includes

  • Pool
  • Garden
  • Terrace
  • Ocean view
  • Fitness centre
  • Solar power
  • Air conditioning
  • Furnished

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