The Selworthy Grove development is located on Cayman Brac which is one of the two sister islands of Grand Cayman. If you are looking for a great investment where you can purchase freehold plots of land with permission to build, then give us a call. We can assist in building your own property in the sun. Part of our offer includes free architectural drawings with each land plots.
• SIPP approved.
• Interest free payment plan.
• Blow market Value (BMV) plot prices from £39,750.00.
• Plot sizes from large 10,700 sq. ft.
• Discount for multi purchases.
• Discount considered for cash purchases.
Why Selworthy Grove - Cayman
• Democratic British Overseas Territory with investor-friendly property ownership laws.
• No tax on domestic residency.
• Low entry, asset backed and minimum risk.
• Politically stable with the highest standard of living in the Caribbean.
• Ultra-modern and sophisticated infrastructure.
• Premier logistical and business hub with one of the foremost financial centres in the World.
• Major investment taking place including the recently completed Gerrard Smith Airport.
Advantageous Tax Regulation
The Cayman Islands impose very few forms of taxation upon its people. This holds true to its foreign investors.
• The Cayman Islands assess no regular property taxes or capital gains taxes.
• There is no tax due to the Cayman Islands Government from income derived from real estate investment such as rent or dividends.
• Tax free territory with the Cayman Government guaranteeing absolute title to the land.
• Full planning permission in what has been dubbed the ’British West Indies’….Cayman Islands.
Property Ownership On The Cayman Islands
There is no restriction on foreign ownership on Cayman real estate for personal use.
• Land can be owned by an individual, jointly or in a company name.
• The Government guarantees the right of ownership.
• There is no need for extensive title searches or title insurance.
• The land registry is a matter of public record and for a nominal fee; anyone can inspect or request a copy of a particular land register which clearly shows the registered owner, liens and covenants.
• There are no time deadlines for foreign investors to build on raw land.
Cayman Brac
Cayman Brac is 12.5 miles long and 1.5 mile wide and is the second largest of the Cayman Islands.
The Island is easily recognisable with a sheer limestone bluff. The limestone rocks which rise 140 ft above sea level is known for its nature and with the Bluff creating an amazing array of different sea-life creatures, a bliss for divers and a rock climbers haven. This island has become a landmark in itself thanks to the miraculous creation ‘The Bluff’. The Cayman Brac waters are also utilised for both fishing and the pursuit of big game fish.
Selworthy Grove
• 311 variable sized freehold building plots on a gated community.
• Situated on an elevated bluff on the South East side of the island.
• Boast magnificent sea views because of this elevation.
• 3 separate tennis courts for use by the plot owners. Views would be determined by the plot location and build design.
• The developer will supply all purchasers with a full set of architectural drawings relative to their plot.
• Choice of 3 villa designs.
• Independent valuation will be given relating to each plot on the development.
Selworthy Grove - Purchase options
5 year payment plan.
• Reservation fee: £1,000.00
• Deposit balance: 15% of the purchase price (payable within 14 days of signing reservation).
Within this 14 day reservation period you will receive the full documentation relation to your purchase which will include;
• Full title.
• Planning position.
• Your contract.
• Confirmation of your individual payment plan (if taking the payment plan option).
All plots costing over £125,000 can take up to a 10 year interest free payment plan which can be paid monthly or quarterly.
Contact us when we can send you our most comprehensive e-brochure.
