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MLS#: 415565

Huge Lower Valley Development Site

Savannah / Lower Valley, Grand Cayman
CI$2,750,000
Type: Land
    20.35
    ACRES
    600
    WIDTH
    1,500
    DEPTH
23 people viewed this property since last week.

Property Information

Well located development site about 10 miles from George Town and a few miles from the 67 acre Mandarin Oriental development site, which starts construction this year. Initial site works have commenced on this property and improvements, such as fill and other infrastructure have been made providing additional value. Currently, this is a development where an investor can step in and take over, as most of the development work is complete. The location and size of the site allows scale and a multi-phase development opportunity to take advantage of the rapidly growing population, plans for the East-West Arterial road improving access nearby, and spin off of workers and staff from the Mandarin Oriental development. Lower Valley is going to develop rapidly over the next several years, so this timing makes sense to buy in early at the current lower land prices. This site is definitely a good investment to develop or just land bank!

Property Details

  • Status: Current
  • View: Inland
  • Listing Type: Low Density Residential
  • Acreage: 20.35
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*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.
The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

About RE/MAX CAYMAN ISLANDS

RE/MAX, which stands for "real estate maximums", was founded in the 1970's by Dave and Gail Liniger in the United States of America. They developed a unique franchise system that allows real estate agents to maximize their potential by having the security of a franchise while at the same time having the individual freedom to run their own business. Today the RE/MAX network comprises over 6,000 offices with around 90,000 associates in 85 countries. RE/MAX Cayman Islands is one such independently owned and operated office within the real estate network of RE/MAX International and RE/MAX Caribbean/Central America. The office at 7 Mile Shops on West Bay Road unites 20 Cayman real estate professionals and nine administrative staff under one roof. All of our associates and administrative staff are highly experienced and constantly expand their knowledge with ongoing training. Every real estate agent in Cayman uses the synergy potential. Not only synergies within the office are important; we also work closely with RE/MAX offices all over the world as part of our international referral system. Locally and internationally, we are dedicated to maintaining a high degree of visibility which will benefit our highly valued customers and clients as well as our Sales Associates. A comprehensive marketing strategy across all media including print and internet ensure our consistent exposure. We are well established in the Cayman Islands realestate market as a strong office, capable of producing outstanding results. Referrals from satisfied buyers and sellers are a proof of it as well as the many awards the office has received. Top Office in Total Sales Volume Single Office International 2012 2011 2009 # 1 Top Office - Sales Volume # 1 Top Office - Transactions RE/MAX Cayman Islands values the Cayman Islands community and is involved in various local charities, sports clubs and events. Each associate and supportive staff member dedicates time and money to community projects.

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