An absolute steal at this price - selling for US$500,000 below the current 2024 market valuation! This is a picturesque location in Spotts within a very peaceful and tranquil area, directly on the Seafront and next to a huge wellness park that is planned by government – so, a desirable and natural attraction right next door for any development on this parcel. Nice deep and wide parcel with good acreage and favourable zoning of Beach Resort/Residential. The expansion of commercial and residential development has now reached the edge of Spotts, as Cayman’s population continues its rampant growth. Prime Seafront sites like this, selling for way below current value, yet still close to George Town and Seven Mile Beach are extremely rare. Invest in this parcel to develop or just land bank it for capital appreciation as this area continues to grow. You definitely will not find a better location and value! Agent Owned.
Key features
- Price $4,250,000 USD
- View Water Front
- Price/sq ft $22.69 USD per sqft
- Acres 4.3000
- Type Beach Resort Residential
- MLS 418085
Arrange a viewing with the Bovell team
Stay up to date
Get the latest listings, property news, insights, and market reports delivered right to your inbox.
You might also like
Property information
RARE & LARGE Ocean Front Parcel in Kaibo
0.6600 acres
Property information
Huge Lower Valley Development Site
20.3500 acres
Property information
300' of Beach, Frank Sound Perfect for Estate, Resort or Development Site
2.4200 acres
Property information
BOGGY SANDS - BEACHFRONT LAND
0.3100 acres
Property information
GT North Sound Development Land
2.5300 acres