Purchasing property in the Cayman Islands is a realistic prospect for everyone. With condominiums overlooking the breath taking panorama of Seven Mile Beach for under US$600,000, beach front condos from as little as US$290,000 and houses from CI$190,000, you really will find a remarkable investment opportunity or your dream home at a price that you can afford.
The local economy is very stable and the government, which is backed by the UK government, operate a guaranteed land registry system. This offers you the reassurance that once your purchase is complete the property does in fact belong to you and remains yours until you are ready to sell.
With as little as a 10% deposit you can secure a local mortgage, and with the exception of a one-time government stamp duty, there are no property taxes.
Investors can expect to achieve a high and hassle-free
return on investment, with low purchase prices, no taxes and a large expatriate community looking for rentals.
A real estate agent can guide you through the purchase process, offer local knowledge and be the link to local contacts including lenders, lawyers and service providers. Agency fees are entirely paid for by the seller.
For any further information you can contact Bill Baldwin direct on 345-943-2455, via his cell on 345-916-2455 or email at Bill.Baldwin@remax.ky
Please take a look at this slideshow I have done. Allow enough time to buffer, from 1min - 5min depending on your internet.
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