Caribbean MLSReal Estate

Prospect Drive Duplex in the Cayman Islands

Available on request

The brief

The reason to consider it.

Discover this fantastic property nestled in a highly sought-after prime location, just seconds away from an array of popular restaurants and charming shops. With its unbeatable proximity to local amenities, this property ensures convenience and a vibrant lifestyle for its residents.

Boasting a stellar rental history, this property is always rented, making it an exceptional investment opportunity. Its desirability among tenants ensures a consistent and reliable income stream.

Designed for ease, this property requires very low maintenance, allowing for a hassle-free ownership experience. Whether you’re an experienced investor or looking to start your property portfolio, this low-maintenance gem is the perfect addition.

Last confirmed

Year built
1994
Type
Apartment
Land
10,452 ft²

What this listing includes

  • Garden
  • Pet friendly

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