The beauty of owning a vacation home in the Cayman Islands is that you don’t have to wait for summer to go on a holiday. The tropical weather is pleasant for most of the year and the views are always postcard-pretty anywhere you go.
Best of all, Cayman is a highly favored destination for luxury property buyers because of it offers absolute freedom from direct taxation and has no restrictions on foreign ownership of property.
If owning a vacation home in the Cayman Islands has been on your mind, here are some of the best developments to consider:
The Watermark Grand Cayman
Set against the sparkling azure waters and powdery white sands of Seven Mile Beach, The Watermark raises the standard for luxury tropical living several notches higher with its spectacular combination of stunning architecture and cutting-edge design, complemented by bespoke services and amenities that will cater to your every whim and fancy. What makes this 10-story complex uniquely desirable? Let’s begin with its exclusive collection of 54 beachfront residences featuring some of the largest frontages available on this iconic strip. Set for completion by end of 2023, The Watermark’s exceptional amenities also include rooftop pools and private beachfront cabanas, full service spa and fitness facilities, a library lounge, a fine dining restaurant and private dining rooms, and an impressive oceanfront owners’ conservatory complete with wine storage, full bar, and a chef’s kitchen.
Prices range from US $5 million to $24 million.
Aqua Bay
Aptly described as “the rebirth of a legend,” what was once a familiar sight along Seven Mile Beach for over three decades is now evolving into a modern and sophisticated, 10-storey luxury condominium that will cater to the ever-increasing demand for prime residential space right next to one of the world’s most celebrated beaches. Each of its 38 well-appointed villas features a gourmet kitchen and wet bar, as well as two private terraces where you can enjoy the captivating tropical scenery to your heart’s content. Resort-style amenities that can be enjoyed all-year round a waterfall edge pool, an extensive pool deck and private beach, as well as an oceanfront fitness center, lounge, and game room exclusively for residents. Aside from being an ideal vacation home, owning a unit in Aqua Bay can also be an excellent investment as it is one of the few luxury complexes that allows owners to rent out their villa when they are not in residence.
Currently pre-selling from US $5 million to $10 million.
Rum Point Club Residences
Situated on a peaceful community north of Grand Cayman, the Rum Point Club Residences are exclusive condominiums that reflect the stately elegance of a luxury boutique hotel without losing the picturesque charm of a beachfront home. Designed for the ultimate island holiday experience, each of its 31 units is meticulously fitted out with airy and spacious master suites, private oceanfront balconies, and gourmet kitchens which can be readily stocked by the concierge ahead of your arrival. This pet-friendly property also has its own private dock that is convenient for boat tours and transfers to island attractions, as well as for VIP airport transfers via water taxi and private charter yachts. On top of its selection of health, wellness and recreational facilities, Rum Point Club is also an ideal jump-off point for enjoying a wide variety of outdoor activities such as snorkeling, fishing, sailing, bioluminescent tours and many more, available upon request from the on-site concierge.
Prices range from US $1.7 million to $4 million.
Tradewind Villas
If your dream vacation is to get away from it all and commune with the untouched beauty of nature all day while enjoying the conveniences of contemporary living, then look no further. Located along the magnificent coastline of Colliers district on Grand Cayman’s East End, the Tradewind Villas is a tastefully designed island retreat that comprises one- and two-bedroom condos in three separate buildings built on over 450-feet of oceanfront property. Each of these oceanfront units will have a contemporary open plan living space with high ceilings and huge balconies — all of 30 feet — so that you can marvel at spectacular views of the turquoise waters in the privacy of your own home. Plus, if you enjoy water sports, you will surely love the huge open-air storage space available under each of the buildings, ideal for storing your kayaks, dive tanks, and other equipment. The property also has a pool and a boat dock with gazebo, and is a short drive away from local restaurants, groceries, and other conveniences.
Pricing for a one-bedroom unit starts at over US $500,000.
The Sands
With only six residences available, The Sands truly lives up to the description of being “luxurious” and “ultra-exclusive.” Located on Boggy Sands Road along the world-famous Seven Mile Beach, this low-rise oceanfront development features only two residences per floor, each featuring incredible ocean views courtesy of 30 feet of water frontage. Step inside and you will find superbly designed interiors fitted with high-end fixtures and finishing, such as customized cabinets and fluted walls, a spacious chef’s kitchen equipped with top-of-the-line appliances and Ceasarstone countertops. Its elite residents will also be able to exclusively access an uber-spacious rooftop terrace (over 6,000 square feet!) and personal private cabanas at no extra cost. Other amenities include a full-sized rooftop pool, a sunset lounge that captures the best views on the island at day’s end, an owners bar and wide storage, health and recreational facilities, and private beach access with a gate and pathway restricted to owners.
Current prices for a four-bedroom unit is around US $ 3.7 million, while a penthouse suite is currently listed at US 4.7 million.
If you are in the market for a vacation home in the Cayman Islands or would like to know more about these featured properties, our ERA Cayman team of real estate experts will be more than happy to assist you!
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ERA Blogs are written in-house. It is a team effort and we all contribute our ideas and suggestions. ERA is a diverse Team of Real Estate Agents who each have specialties. We have Seven Mile Beach Real Estate Experts, Beachfront Real Estate Experts, Commercial Real Estate Experts and everything you could possibly need when looking for a Real Estate Team. The blog is summarized and submitted by ERA’s Web Team.
