NORTH WEST POINT OCEAN FRONT DEVELOPMENT LAND
NORTH WEST POINT OCEAN FRONT DEVELOPMENT LAND
CI$ 5,750,000 MLS #420497
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About the Property

Outstanding Oceanfront Development Opportunity in West Bay Development-Ready Site This exceptional property includes active planning approval for 32 condominium units, with comprehensive architectural plans already completed and included in the purchase price of $7.25M USD. This valuable pre-approval eliminates delays, reduces upfront costs, and allows development to begin without unnecessary obstacles. Prime Location and Distinctive Features Situated in the highly desirable community of West Bay, this oceanfront parcel offers spectacular views and immediate access to the pristine turquoise waters of the Cayman Islands. The expansive size and ideal layout of the land provide excellent flexibility for thoughtful design and construction. Each residence can be positioned to capture sweeping seascapes and refreshing ocean breezes. High-end finishes and resort-style amenities can be seamlessly incorporated to enhance the natural surroundings, delivering a truly refined coastal lifestyle. This property presents a rare chance to create an exclusive waterfront community or a private luxury retreat in a world-class destination. Extraordinary Investment Potential Boasting approval for 32 condominium units and an impressive 250 feet of direct water frontage, this offering represents a remarkable investment opportunity. The inclusion of complete architectural plans enables a smooth and efficient transition from acquisition to construction, significantly accelerating project timelines. With its prime location, approved density, and unmatched oceanfront setting, this property is uniquely positioned to become a premier luxury development. Opportunities of this caliber are seldom available in the Cayman Islands market.

Property Details

Basic Info

  • Width
    250
  • Depth
    375
  • Acres
    1.83

Location & Neighbourhood

West Bay
Location
  • West Bay

    Immersed in natural beauty, West Bay offers a delightful blend of serene landscapes and enjoyable attractions. Home to iconic sites such as the Cayman Turtle Centre and the stunning Seven Mile Beach, this district is perfect for those seeking both relaxation and adventure.
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Your Monthly Mortgage Payment

Mortgage amount $7,040,000
Deposit $1,760,000
$51,657

Estimate monthly payment

$880,000

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*This is a general estimate based on a fixed interest rate and does not account for mortgage insurance or other potential costs. For precise figures, we recommend speaking directly with your mortgage provider.

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