South Sound Development Land - 7.82 Acres
Available on request
3 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Rare opportunity development side in an upscale residential area of South Sound. This property is ideal for the development of townhouses, apartments or condominiums. There is also the option to land bank this property which allows for future development and higher yield capital appreciation. Located 5 minutes from George Town with quick access to schools, banks, beaches and the Grand Harbour shopping complex.
Last confirmed
- Type
- Land
- Zoning
- Low Density Residential
- Road frontage
- 475 m
- Permitted uses
- Townhouses, Apartments, Condominiums
- Land
- Available on request
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
Cost of entry
The asking price is not what it costs.
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