Payment Plan Priced at USD $399,000
with no Yearly Property or Land Taxes
96.96 feet of ocean frontage
Aqua Vista, an oceanfront building lot on Cayman Bracs East Coast.
Spanning an impressive 17,424 square feet, this rectangular lot offers direct frontage onto the Caribbean Ocean, with a generous 96.96 feet of ocean frontage.
A robust property market promising steady growth.
A strong economy ensuring stable investments.
A trustworthy legal framework, protecting purchasers interests.
A total buildable space of 8,712 square feet over two stories, additionally, subject to planning, there is the possibility of expanding to three stories, providing a 13,068 square feet of buildable space.- there are no requirements to build in the Cayman Islands
The client purchases the plots with up to a five-year payment term. Clients have a choice to take our 0% interest-free payment plan or can pay for their purchase in full.
The price includes a freehold building plot with full infrastructure. Infrastructure includes roads, completed to NRA standards and electrics (water is managed by a septic tank which is standard in the Cayman Islands).
Plots come with outlined planning permission ready to submit a planning application to the Cayman Islands planning department. A 0% interest-free payment plan will be provided up to five years for each building plot which can be paid quarterly or monthly.
Our payment terms are standard, you pay a reservation fee which is US$2,000.00. After the reservation fee you then pay from 0% up to a 40% deposit of the purchase price. The balance of 60% can be paid using 0% interest free developer finance over 5 years, payments can be made monthly (60 payments) or quarterly (20 payments).
There are no restrictions on foreign ownership in the Cayman Islands.
There are no land or property taxes in the Cayman Islands.
Stamp duty is charged at 7.5% of either the purchase price or current market value, whichever is higher, this is decided by the Lands and Survey Department.
Owning a home is a keystone of wealth… both financial affluence and emotional security.Suze Orman