PRICE REDUCTION - MOTIVATED SELLERS - CAYMAN KAI OCEAN FRONT LOT ON LITTLE SOUND Rum Point, Grand Cayman
- Property Type: Land
- View: Water Front, Beach Front
- Status: Reduced
- Acreage: 0.56
Situated on Water Cay Road and surrounded by multi-million dollar homes in Cayman Kai, this is a place to enjoy the peace and tranquility of Island life at its best. This beautiful lot is over half an acre with 100 linear feet of shore line fronting the Little Sound, including a small sandy beach with stunning views. The land has been partially cleared leaving mature trees and beach sand has been added at the shoreline. Water is being connected, which will be very useful for future construction and landscaping. A great location in an exclusive neighbourhood to build your dream home or income property. Enjoy spectacular sunrises and moonrises from your private beach with sunset views visible across the road. This lot has been reduced for a second time and is priced to sell!
It is possible to buy this land by acquiring 100% of the shares in the Cayman Islands Foundation Company which owns the Land as its sole asset. The foundation company is in good standing with all Government fees paid. While there would be no savings in stamp duty in buying property by transferring shares in a land-holding company, the purchasers would enjoy the additional asset protection and estate-planning benefits of owning the land through a Cayman foundation company, which combines the benefits of an offshore-company with those of an offshore trust. Full details on this option are available.
CAYMAN ISLANDS SOTHEBY'S INT'L REALTY