Should investors buy Cayman Islands land?
The answer is a strong YES. The Cayman is a top tourist destination in the Caribbean with powdery white sand beaches on the deep blue waters of the sea. All the three islands in the group offer a great sunny environment of tropical palms so valued by tourists, in addition to unique attractions such as The Bluff and the world\'s top wall diving facility at the Bloody Bay.
Once the tourist industry picks up after the world comes out of the current economic slump, demand for accommodation and land will pick up generating returns for investors in Cayman land.
 Little Dolphin Estate Land PlotsCayman Islands£60,000The Little Dolphin Estate is located on The Bluff on the Cayman Brac Island. The Bluff is the feature that gives Cayman Brac its name (brac means bluff in Gaelic). It is a steeply vertical cliff that rises dramatically from the Caribbean Sea on the east of the island....Property Details > |
 Little Cayman Estate Land PlotsCayman Islands£60,000The Little Cayman Estate on the island of the same name is on a terrain that slopes gently towards the sea, providing a great view. It is also near the Marine Biology Park on Little Cayman and in front of a protected nature reserve....Property Details > |
 Dubli Golf & Beach Resort LandCayman Islands£175,000An elite project in several senses, the Dubli Golf & Beach Resort has a built-in four-hole golf course for the private use of its residents. Other features of the project include a beach club and condominium resort. And the location in an area known as the Millionaires Row and proximity to the famous Rum Point Beach add to the exclusivity....Property Details > |
 Coral Estate Land PlotsCayman Islands£60,000Located on the north of the Little Cayman Island near the Marine Biology Park and in front of a protected nature reserve, the Coral Estate project will be one of the last developments in this protected area. What it means is that residents will be the members of an exclusive community in a great location....Property Details > |
 Lakeside Estate Land PlotsCayman Islands£60,000Lakeside Estate gets its name from the Sandy Point Lake adjacent to the project. The lake is actually a reef-protected shallow lagoon that is ideal for water activities. The Sandy Point Beach, one the best unspoiled beaches in the Caribbean, is close by and residents have great views of the sea beyond the beach....Property Details > |
 Beachside LandCaribbean Islands£60,000 - 175,000Beachside land on the Cayman Islands are not all that easy to come by. In fact, land on the "sister" islands of Little Cayman and Cayman Brac was not at all available to outsiders and all land was passed from generation to generation by local families until the country's Board of Trade changed the situation to promote investments....Property Details > |
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Buying land abroad can be an excellent investment if you go about the project in an organized manner. Land generates returns in the forms of capital gains when it is sold when land prices rise and in the form of rentals either for leasing the land for some productive use or renting any residential or commercial property built on the land. The investor’s first task is to assess the prospects for land price increases in the location selected for investment. Land prices in a location can increase when population in that location increases. Such population increase can come about owing to birth rates higher than death rates, and also through immigration. Land prices can also increase owing to economic growth. Economic growth tends to generate demand for land for building factories and offices. It also leads to more people moving into the location, pushing up demand even further. Yet another opportunity for investors is look for locations where property prices are presently low owing to temporary factors, such as a cyclical economic downturn. For example, the current economic slump in many countries of the world has led to a decline in tourist travel. Land prices are likely to increase in tourist destinations once the world comes out of the slump. By looking at different prospective investment locations from the above perspective, an investor should be able to identify those where land prices are likely to increase. These locations are short-listed for a second review. The second review would mostly be a due-diligence exercise. Investments in even the best of locations short listed as above can suffer owing to such factors as political instability, legal issues relating to foreign ownership of land and poor system for maintaining land records. The due diligence will examine such issues and assess the safety of the investment at the location. By proceeding in such an organized manner, investors can hope to earn excellent returns on buying land abroad.
The Buying Land Abroad post looked at the issues that an investors buying land abroad should consider. It was explained that by selecting a location where population or economic factors are likely to lead to increases in price of land, the investor can earn good returns on the investment. Mention was also made about the need for doing a due diligence exercise to ensure that the investment will be safe. In this post we look at land investment in the Cayman Islands and its prospects. Cayman Islands consist of three Caribbean islands, Grand Cayman, Cayman Brac and Little Cayman, all of which have great white beaches facing the sparkling blue waters of the Caribbean Sea. As there are no runoffs from inland water bodies into the sea on the Cayman, the sea retains its sparkle even close to the shore. In addition to beaches and the sea, each of the islands has some unique attractions that add to their tourist popularity. Grand Cayman has the North Sound, an extensive 35 square-mile shallow lagoon ideal for all kinds of water sports. Cayman Brac has The Bluff, a steeply vertical cliff that rises dramatically to 140 feet above the Caribbean Sea, providing a great rock climbing challenge to experienced climbers. Little Cayman has the Bloody Bay where the cliff goes vertically under water to a thousand feet at places and provides the world’s top wall diving facility. All these and other great attractions means that once the tourism industry revives, the islands would be receiving an increasing flow of visitors, leading to increased demand for accommodation and land. Another great feature of the Cayman is that it is a top financial center in the world, rated fifth largest. Nearly a thousand banks operate from George Town, the capital city of the islands. Yet another factor that might be a surprise to many is that the Cayman is a favorite destination for wealthy retirees from different countries. Tourism, the financial services and the wealthy residents have made Cayman Islands a country with one of the highest living standards in the world. Investors looking to invest in land abroad might find few locations with such great prospects.
