Founder/Administrator
 Joined: 14 Feb 2005 Posts: 5730 Location: Cayman Islands
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Posted: Sun Jul 08, 2007 6:20 pm Post subject: Cayman Real Estate Tips |
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Purchasing property in the Cayman Islands is a realistic prospect for everyone. With breath taking, beach-front condos from as little as US$225,000, you really will find your dream home at a price that you can afford.
The local economy is very stable and the government, which is backed by the UK government, operate a guaranteed land registry system. This offers you the reassurance that once your purchase is complete the property does in fact belong to you and remains yours until you are ready to sell.
With as little as a 20% deposit you can secure a local mortgage and with the exception of a one-time government stamp duty, there are no property taxes. Investors can expect to achieve a high and hassle-free return on investment, with low purchase prices, no taxes and a large expatriate community looking for rentals.
A real estate agent can guide you through the purchase process, offer local knowledge and be the link to local contacts including lenders, lawyers and service providers. Agency fees are entirely paid for by the seller.
We recommend Bill Baldwin of RE/MAX Cayman Islands. Through the multiple listing system Bill has access to every property that is for sale in the Cayman Islands.
For any further information you can contact Bill Baldwin:
Phone:345 943 2455
Cell: 345 916 2455
Email: bill.baldwin@remax.ky |
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