Caribbean MLSReal Estate

Tropicana Crescent Land

Not published

The brief

The reason to consider it.

Ideal location for a small residential development on the outskirts of George Town. The land has good elevation between 5 to 8 feet and requires clearing. A designated access road needs to be constructed, but the site offers tremendous opportunity for development or as a land bank.

Last confirmed

Type
Land
Land
119,566 ft²
Zoning
Med Density Residential
Topography
hilltop
Permitted uses
Residential

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