Land Abroad

Posted by karenh on 22 nd in Caribbean Property, Cayman Islands Land, Land Caribbean, Land Investments, Property Cayman Islands, Slider on 22nd of November 2010

The post on Buying Land Abroad looked at the desirability of buying land abroad as an investment option. In this post we look at buying land in the Cayman Islands, a British Overseas Territory in the Caribbean that is both a top tourist spot and a top financial centre. In particular, we look at the Little Cayman Island that is the smallest of the three main Cayman Islands.

Little Cayman is a quaint little island that is less than ten square miles in area and just one mile wide. The island also has a small permanent population of less than 200. This small island however has the world’s top wall diving facility at Bloody Bay and this has made it into a popular tourist destination.

The very smallness and out-of-way location of Little Cayman can appeal to many people. It is away from the hustle and bustle of the ordinary world and has great beaches on the crystal blue waters of the Caribbean Sea. It also offers the sunny environs of a tropical island.

At the Bloody Bay area, there is a vertical underwater cliff that goes down 1000 feet to the ocean bottom at places and just 18 feet at other places. Wall diving involves scuba diving along a vertical underwater cliff without using dive propulsion vehicles. The Little Cayman wall diving facility has been rated the top such facility in the world.

There is another scuba diving facility at Jackson’s Bight on the island. Another intriguing attraction is the small islet, Owen Island that can be reached with a kayak or sailboat from the south of Little Cayman. This small islet has no buildings or human inhabitants.

Buying land in Little Cayman is safe as it forms part of Cayman Islands where British Common Law applies and the Cayman government permits foreign ownership of land. Developed plots in approved projects are available on the island.

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