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Back  |  about Cayman Islands  |  comparisons  |  add to favourites  |  send listing to friend
 
 Price : US$ 450,000 Type : Home - Apartment / Condo
Home - Fractional
REF : CAI0002 
Cayman Islands :
Grand Caymanian Resort



SOLD


The Grand Caymanian Resort offers a world-class vacation in a beautiful world class destination.

 



We are pleased to offer you a chance to own and enjoy your own piece of paradise. Prices from US$450,000.

Grand Cayman  Fractional

 

The first phase of this resort has already been built and comprises 54 villas with oceanviews, located adjacent to The Links Championship Golf Course at Safehaven, Grand Cayman.

Grand Cayman  Fractional

The resort is built in a British / Caribbean style and includes a swimming pool, whirl-pool, tennis court, an air-conditioned restaurant & bar and a dive & watersports sundry shop. Parties, fun games and complimentary events are also organized.

Grand Cayman  Fractional

Grand Cayman  Fractional


Phase II of the resort will comprise 44 villas, each with 2 bedrooms, 2 bathrooms, living room, kitchen and balconies.

Grand Cayman  Fractional

There are a total of 18 villas with Type A floor plans as shown opposite.

Cayman Islands Fractional Property

There are a total of 18 villas with Type B floor plans as shown opposite.

Grand Cayman  Fractional

There are a total of 8 villas with Type C floor plans as shown opposite.

Grand Cayman  Fractional

 

At the Grand Caymanian Resort you can enjoy golf at the adjacent Links Golf Course, rated the best golf course in the Caribbean, the freshwater swimming pool and large sun deck, Ray's restaurant & bar, an illuminated tennis court, a private boat dock, concierge services etc

 

Grand Cayman  Fractional

Grand Cayman  Fractional

Price List

                                     Floor
Villa #           Bldg  Location          Level  US$ Price

2117  A  Inside Courtyard   G/F   RESERVED
2116  A  Outside Gardens   G/F   RESERVED
2115  A  Inside Courtyard   G/F   RESERVED
2114  A  Outside Gardens   G/F  450,000
2113  A  Inside Courtyard   G/F  475,000
2112  A  Outside Gardens   G/F  475,000

2217  A  Inside Courtyard   2nd   RESERVED 
 2216  A  Outside Gardens   2nd  RESERVED
2215  A  Inside Courtyard   2nd  450,000
2214  A  Outside Gardens   2nd  450,000
2213  A  Inside Courtyard   2nd  475,000
2212  A  Outside Gardens   2nd  475,000

2317  A  Inside Courtyard   3rd   RESERVED
2316  A  Outside Gardens   3rd  400,000
2315  A  Inside Courtyard   3rd  450,000
2314  A  Outside Gardens   3rd  450,000
2313  A  Inside Courtyard   3rd  475,000
2312  A  Outside Gardens   3rd  475,000

2111  B  Inside Courtyard   G/F  500,000
2110  B  Outside Gardens   G/F  500,000
2109  B  Inside Courtyard   G/F  500,000
2108  B  Outside Gardens   G/F  500,000
2107  B  Inside Courtyard   G/F  RESERVED
2106  B  Outside Gardens   G/F  525,000

2211  B  Inside Courtyard   2nd  500,000
2210  B  Outside Gardens   2nd  500,000
2209  B  Inside Courtyard   2nd  RESERVED
2208  B  Outside Gardens   2nd  500,000
2207  B  Inside Courtyard   2nd  RESERVED
2206  B  Outside Gardens   2nd  525,000

2311  B  Inside Courtyard   G/F  500,000
2310  B  Outside Gardens   G/F  500,000
2309  B  Inside Courtyard   G/F  500,000
2308  B  Outside Gardens   G/F  500,000
2307  B  Inside Courtyard   G/F  RESERVED
2306  B  Outside Gardens   G/F  525,000

2105  C  Inside Courtyard   G/F  550,000
2104  C  Outside Gardens   G/F  550,000
GV2101* C  Inside Courtyard   G/F  RESERVED
GV2100* C  Outside Gardens   G/F  RESERVED

2205  C  Inside Courtyard   2nd  RESERVED
2204  C  Outside Gardens   2nd  RESERVED
GV2201* C  Inside Courtyard   2nd  RESERVED
GV2200* C  Outside Gardens   2nd  RESERVED

* Oceanfront

Please note all prices subject to change without notice.

 

 

Buying Property in the Cayman Islands

There are no legal restrictions on the ownership of property by foreigners, where the property is for the personal use of the owner; however the ownership of property for business purposes is subject to licensing.

Property Title
Most properties in the Cayman Islands are freehold, although there are a few leasehold properties. Title to Cayman Islands property can be held by individuals, either alone, jointly, or in the name of a company.

Land Registry
Property in the Cayman Islands is recorded in a registered system maintained by the government and open to public inspection. Buyers may examine the registration of any property and see who owns the property and whether there are any charges against the property. Since the registry process requires each property to be carefully scrutinised before it can be registered, a registered property effectively guarantees title.

Mortgages & Bank Loans
Foreigners may open bank accounts in the Cayman Islands and take out a loan to finance a property purchase. The banks will often lend up to 50 to 75% of the property value to foreigners, but will normally require the first legal hold over the property. When lending to a company, the banks will usually ask for a personal guarantee from the directors or shareholders. Loans and mortgages are however normally only available for properties that have been constructed and rarely given for pre-construction properties.

Cayman Islands Stamp Duty
Stamp duty of 6% is payable to the government on all property purchases (7.5% for properties on Seven Mile Beach). There is also a 1% stamp duty payable on mortgages up to CI$300,000 (approx. US$240,000) and 1.5% stamp duty on mortgages exceeding this value.

Buying Cayman Islands Property
The conveyancing of a property in the Cayman Islands is straightforward and can be undertaken by a large number of legal firms based on the islands. The fees for conveyancing a property are usually a small percentage of the purchase price of the property.

 

 

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Last Updated On 27 Apr 2018