Two-bedroom South Sound residence
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This exceptionally well-kept two-bedroom South Sound residence offers verified value and strong appeal for both owners and investors.
The home features an efficient floor plan with independent AC systems upstairs and downstairs, serviced regularly. The roof has been foam-insulated for improved energy performance, and monthly utilities average under KYD 200 for electricity and approximately KYD 50 for water. The upgraded guest bedroom bathroom includes a walk-in shower.
Outdoor living is enhanced by a commercial-grade pizza oven and BBQ in the poolside cabana. The unit also benefits from private direct access to amenities and well-maintained shared spaces.
Residents enjoy a stable, mostly owner-occupied community with a friendly neighbourhood culture. The complex is pet-friendly too. Grand Palms sits in a stable, established South Sound neighbourhood with convenient access to St. Ignatius and Cayman Prep at the end of the road, with shopping and main transport routes close by.
With a clean valuation, smooth home inspection, low running costs and a strong rental history, this residence offers reliable performance and strong long-term potential in a well-managed community.
- Year built
- 1998
- Type
- Apartment
- Land
- 1,496 ft²
- Interior
- Available on request
What this listing includes
- Private pool
- Air conditioning
- Parking
- Furnished
- BBQ area
- Poolside cabanas
- Pet friendly
- On-site security
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
The asking price is not what it costs.
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