Caribbean MLSReal Estate

OLEA Stunning 3BR Waterfront Duplex

Available on request

The brief

The reason to consider it.

Quintessential canal front living and views that never cease to soothe body and soul characterise this three-bedroom duplex home.

Echoing classic Caribbean architectural heritage rendered in contemporary lines, Residence 119 is ideally located on the canal and is designed for those looking for the feel of a free-standing home.

This spacious residence includes a double garage, large pantry and open-concept kitchen, living and dining space and a secluded outdoor space with private swimming pool, creating a tranquil oasis for homeowners. Live in one of the most desirable neighbourhoods in Grand Caymans real estate portfolio. OLEA is a waterfront community located to the south of Camana Bays Town Centre.

Adjacent to Cayman International School, it offers easy connectivity to the Town Centre and Seven Mile Beach. OLEA’s amenities will include a lazy river flowing into a resort-style pool, beautifully landscaped common areas and a fully equipped gym. All residences will have solar panels and be cooled with the latest geothermal systems.

Interiors will integrate elements such as LED lighting, energy-efficient appliances, and water-conserving plumbing fixtures. Spanning 685 acres from Seven Mile Beach and the Caribbean Sea to the North Sound, Camana Bay is the islands premier destination for global business and Caribbean community as well an epicentre of fashion, food, entertainment, culture, and fun.

Last confirmed

Year built
2023
Type
Villa
Land
Available on request

What this listing includes

  • Private pool
  • Garden
  • Balcony
  • Fitness centre
  • On-site security
  • Gated community
  • Solar power
  • Air conditioning

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