Cayman Islands Real Estate at Cayman Kai
Cayman Real Estate Advantage
The Cayman Islands offer a realistic and durable real estate investment with many attractive attributes. There is no income tax, no inheritance tax, no capital gains tax, no property tax, no sales tax and NO SNOW! There are no legal restrictions to foreign ownership of property. Title to real estate may be held in one name, a group of people or by a company or corporation. Registered title to property is granted and guaranteed by the Cayman Islands Government Land Registry. The Government does levy a “one time only” stamp duty fee for the transfer of property documents. This is 7.5% of the purchase price on Seven Mile Beach and 6% for the rest of the Island.
Cayman Kai Real Estate
The exclusive community of Cayman Kai is one of the most lavish residential areas in Grand Cayman. It is located on the western tip of the District of North Side. This peninsula is lined with eclectic waterfront residences on secluded white sand beaches with very few footprints. Only a few areas are designated for commercial business so residents and visitors are able to enjoy the pristine beaches and breathtaking sunsets without interruption but also have the choice to indulge in water sports activities, sip a refreshing drink at a popular beach bar and grill or enjoy a waterfront dining experience at an elegant fine dining restaurant.
Cayman Kai Property Developers
Cayman Kai Development Ltd. is the original developer of Cayman Kai, “The Delightful Community By The Sea”. Kai is a Hawaiian term meaning “by the sea”. It was the vision of the Dise family to transform over 400 acres of uninhabited, lush, tropical land into an exclusive upscale subdivision with most of the half-acre parcels of land facing water. The end result is an absolutely stunning array of private executive residences enjoying the breezy North Coast, charming gingerbread cottages lapping up the waters on a white sand beach, vacation retreats with their own dock on a private canal, and luxury condominium complexes nestled on a secluded cove. With sensible restrictive building covenants in place, they insured the quality and consistency of construction and maintained the quiet beauty of the area. Cayman Kai has been home to discerning families, investors and vacationers alike for more than thirty years.
Cayman real estate opportunities abound in the Cayman Kai area with awesome beachfront properties and oceanfront homes. We have extensive knowledge of all the properties currently available in Cayman Kai. As one of the founding members of the Cayman Islands Real Estate Brokers’ Association (CIREBA), circa 1987, we are proud to adhere to the high professional standards of conduct and competence required by all member companies.