Cayman Islands FAQ
Oasis are experiencing an increased volume in people enquiring about our freehold building lots in the Cayman Islands. But, what’s attracting the upsurge of overseas property buyers to the Cayman Islands? We’ve put together a list of our most frequently asked investor questions.
Where are the Cayman Islands Located?
I’m sure your familiar with the Caribbean, a conglomerate of Tropical Islands found South-East of the Coast of North America boasting 52 weeks of summer!. The Cayman Islands are a group of three Islands located in the heart of the Caribbean, situated about 180 miles away from Jamaica, and 1 hour from Miami. Aside of offering a pristine Caribbean backdrop the Cayman Islands are also a British Tax Free Territory.
Is land in the Cayman Islands Affordable?
Absolutely, Oasis offer in-house developer finance with 0% interest allowing you to spread your purchase cost up to 5 years, with absolutelyzero interest. Repayments can be as little as $600 per month, thats around $21 a day to own a piece of paradise.
Our payment plans are non-status, making everybody eligible*.
Oasis have been developing land in the Cayman Islands since 2008, allowing us to build a vast portfolio across the three Islands, Grand Cayman, Cayman Brac & Little Cayman. Whether you’re seeking ocean front, lake side, garden view or bluff top, Oasis have it all!
How does the Purchase Process work?
With Oasis, buying land in the Cayman Islands has never ben easier. First, you sign a reservation form and pay a reservation fee of $1,000.00, this takes your chosen lof off the international market. Oasis then provide a due diligence period for you to check your ownership documents, once ready, you sign the relevant paperwork and become the contracting purchaser, owning your own Cayman Islands Freehold Building Plot. It’s that simple….
Whats the current Property Market like in the Cayman Islands?
Despite the uncertain backdrop, the property market in the Cayman Islands is Booming…Going into Q4 2021 listings in the Cayman Islands are still at an all time low, inventory is low due to supply and demand, demand being the key word! The Cayman Islands has not only witnessed an upsurge in property sales, but value too, along with closing on some of the biggest deals in history. Recently (October 2021), Cayman recorded another property selling record selling a $26.4 million dollar beachfront property.
Cayman’s sister island, Cayman Brac and Little Cayman has experienced a 400% increase in sales which is speculated to continue to the end of 2021.