Www.rickscaymanproperties.com. Things You Should Know Before Buy Real Estate in the Cayman Islands: There are no restrictions on foreign ownership and.

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Presentation transcript:

Things You Should Know Before Buy Real Estate in the Cayman Islands: There are no restrictions on foreign ownership and in fact foreign ownership is what has made Cayman grow the way it has over the past 40 years. The land title system (Torrens) is the simplest world wide and the procedure for purchasing property is based on American and Canadian precedent but with half the red tape. Ownership can be verified by means of a simple check at the Land Registry and title is guaranteed by the Government, eliminating the need for title insurance. For foreign owners a one-time fee of either 6% or 7.5% (depending upon the location) is paid on the higher of the price or fair market value of the property, but NOT on furnishings (chattels) purchased with the property. Stamp duty along West Bay Road, on the water in the Seven Mile Beach corridor, and in the downtown George Town area is charged at 7.5%. In all other areas the rate is 6%. Caymanians purchasing property falling within the 6% duty rate area pay 4%. Click to continue reading on Buy Real Estate Property in Cayman IslandsBuy Real Estate Property in Cayman Islands Buy Real Estate in the Cayman Islands

Castaways Cove Beach Front #216 - Cayman Residential Property Colliers, Grand Cayman, Cayman Islands MLS#:

HUGE PRICE REDUCTION on this beautiful 2-bedroom beachfront condo located at the Reef Resort on the east coast of Grand Cayman. At a new list price of US$299,900, this property is far and away the best value in the development. Property Description of Castaways Cove Beach Front #216 MLS#: Colliers, Grand Cayman, Cayman Islands With amenities that include 2 beach front pools, tennis courts, spa, water sports, beach bar and restaurant, the full resort experience waits right outside your door. The property also allows for both short term and long term rentals to suit your preferences. Priced for immediate sale, this condo will not last long.

Location Information Castaways Cove Beach Front #216: Beach front resort apartment, Residential Condominium Property available at Colliers, Grand Cayman, Cayman Islands. Residential Condominium Property Interior Features Additional Features ✓ Bedrooms:2 ✓ Baths:2 ✓ Living Area:1300 ✓ View:Beach View ✓ Tennis, pool, spa, pool bar and restaurant. ✓ Rental programme. Property Features of Castaways Cove Beach Front #216 MLS#: Colliers, Grand Cayman, Cayman Islands

Pictures of Castaways Cove Beach Front #216 Click for more detail of Castaways Cove Beach Front #216 Residential-Condo Property. Castaways Cove Beach Front #216 Residential-Condo Property MLS#: Colliers, Grand Cayman, Cayman Islands

Address: 1364 West Bay Rd, George Town, Cayman Islands Cell: (345) Phone: (345) Website: Contact Ricks Today!