Caribbean MLSReal Estate

Phase 2 - Paraiso Res

Not published

The brief

The reason to consider it.

PHASE 2- PARAISO RESIDENCES

This is a remarkable lifestyle right on the water connecting all water enthusiasts to the North Sound. These oversized modern townhomes feature 3 bedrooms/3.5 bathrooms plus a den, a 30ft private boat dock, pool, and ample green space. The interior is eloquently designed with open-plan living, dining, and sitting room.

The chef’s kitchen is truly the heart of this home with stunning cabinetry and top-of-the-line appliances. The ground floor also has a beautiful guest suite or could be a fantastic home office. The living room opens out onto an outdoor patio with its own private plunge pool.

On the second floor, all bedrooms are ensuite, spacious, and beautiful. The master is a haven of serenity, spilling out onto an oversized outdoor patio to watch the splendid morning sunrises. These residences all come with huge basements, great for storage and could also easily be converted into a kids’ playroom or man cave.

There are only 6 residences that make up Phase 2.

Last confirmed

Year built
2025
Type
Townhouse
Land
2,551 ft²
Interior
Available on request

What this listing includes

  • Private pool
  • Air conditioning
  • Furnished
  • Parking
  • Dock or mooring
  • Pool

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