Find
www.CaymanListings.ca
$
54,999
www.CaymanListings.ca
,
,
Bedrooms: 1
Bathrooms: 1
Size: NAsq. ft.
Property Type: Vacant Land
MLS:
id: 1703340 | View original listing
Pageviews: 211Impressions: 7067
Contact Agent
Gerald Lawrence, Salesperson, REALTOR®
Coldwell Banker RMR Real Estate, Brkge
Uxbridge, Ontario
Coldwell Banker RMR Real Estate, Brkge
Uxbridge, Ontario
Listing Description
Freehold Caribbean Ocean View Plots - Cayman Islands (UK)
In the sparkling waters of the Caribbean Sea lies a unique offshore banking haven that boasts an idyllic combination of British common law, tax privacy & freedom, and an enviable tropical marine climate.The Cayman Islands foster one of the wealthiest and most privileged populations in the world, with the highest output per capita and amongst the finest standards of living on earth.
They remain an ultra-elite island destination with the 10th highest valued currency in the world, their own stock exchange, the absence of direct taxation and a distinguished financial reputation.
The Cayman Islands offer a realistic and durable real estate investment strategy with the following attractive attributes:
No local taxes - there are no income tax, inheritance tax, non-residents tax, capital gains or other similar taxes in the Cayman Islands
Stability and Security - the Cayman Islands have a stable government, sophisticated infrastructure and a strong economy based on international banking and tourism
British Territory – operating British Common Law
Investment freedom - no restrictions on investment purchases
Comprehensive investment services and opportunities
Highlights
Project Services
We are pleased to introduce our affiliated architectural firm in the Cayman Islands, DDL Studio Ltd.
Based upon your requirements and objectives, the following scope of services are available:
Design of bespoke individual villas and facilities.
Design development leading to planning application.
Preparation of renderings and plans suitable for marketing purposes.
Construction documentation including all structural, mechanical, electrical and plumbing design.
Building permit application.
Preparation of bills of quantities / schedule of rates for the proposed works.
Tender procedure.
General contract documentation.
Contract administration / project management.
The budget for architectural, engineering and project management services should be based on 10% of the construction costs.
Land development
All building plots will have planning consent to construct a detached villa over 2 storeys. Each story is allocated a built area covering 25% of the total plot square footage meaning that a maximum permissable built area of 50% can be acheived over 2 floors.
Construction costs should be calculated at between 200 - 300 US$ / ft2 and the budget for architectural, engineering and project management services should be based on 10% of the construction costs. We recommend that you allow 2-3% for miscellaneouse costs.
We are pleased to introduce our affiliated architectural firm in the Cayman Islands, DDL Studio Ltd.
Based upon your requirements and objectives, the following scope of services are available:
Design of bespoke individual villas and facilities.
Design development leading to planning application.
Preparation of renderings and plans suitable for marketing purposes.
Construction documentation including all structural, mechanical, electrical and plumbing design.
Building permit application.
Preparation of bills of quantities / schedule of rates for the proposed works.
Tender procedure.
General contract documentation.
Contract administration / project management.
The budget for architectural, engineering and project management services should be based on 10% of the construction costs.
Land development
All building plots will have planning consent to construct a detached villa over 2 storeys. Each story is allocated a built area covering 25% of the total plot square footage meaning that a maximum permissable built area of 50% can be acheived over 2 floors.
Construction costs should be calculated at between 200 - 300 US$ / ft2 and the budget for architectural, engineering and project management services should be based on 10% of the construction costs. We recommend that you allow 2-3% for miscellaneouse costs.
Features
In the face of current global market conditions, the average number of Cayman Land transactions for the first half of 2009 is actually higher than in 2008. It is anticipated this trend is set to accelerate as investors capitalize on these tax free real estate propositions as inflationary pressures continue to affect the US dollar.
A viable, and potentially lucrative opportunity to purchase freehold plots with planning consent for residential developments is now available to investors.
These building plots will be delivered with all communication and utility infrastructure in place, including roads, and electricity, giving owners the opportunity to develop their own bespoke luxury villas.
With no obligations to build in place, owners may elect to bank their land and realize their investment at a later date.
A viable, and potentially lucrative opportunity to purchase freehold plots with planning consent for residential developments is now available to investors.
These building plots will be delivered with all communication and utility infrastructure in place, including roads, and electricity, giving owners the opportunity to develop their own bespoke luxury villas.
With no obligations to build in place, owners may elect to bank their land and realize their investment at a later date.
Listing Details
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