Spotts Seafront Site - Us$ 500,000 Discount!
- East of George Town, Cayman Islands
US$4,250,000
Property Description
- Width: 450
- Depth: 475
- Acreage: 4.3
- MLS#:418085
- View:Water Front
- Type:Land
- Status:Current
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.
Property Features
Kitchen Features
- Oven (No)
Building Features
- City Water
Outdoor Features
- Water Frontage (Yes)
Title
- Freehold
