Sothebysrealty
Castillo Caribe, 560 South Sound RdSouth Sound, Grand Cayman, Cayman Islands
Key Features:
Price
$49,950,000 USD
Bedrooms
8
Bathrooms
8 Ful l6 Partial
Interior
48,000 Sq Ft.
Exterior
1.38 Acre(s)
Castillo Caribe
Now you can have it all: Lifestyle, luxury, location and limited tax liability. Without doubt, Castillo Caribe is one of the finest beachfront estate homes in the world offering every luxury for modern day life with all the lifestyle options one would expect from the Cayman Islands and the Caribbean. Although the Cayman Islands enjoy year round sunshine and a temperate climate, this benefit is eclipsed in most people’s eyes by the Islands’ offshore status.
The Cayman Islands are well known as a financial centre on the world’s stage and provide the highest quality of lifestyle available in a tax neutral environment, making it very appealing to people of high net worth to seek residency here – a position which is actively encouraged by the local government and, as a British Overseas Territory, is a very stable option. There are a number of destinations in the world that are able to offer offshore status to a greater or lesser degree but the Cayman Islands have no local taxes
whatsoever: no property tax, no income tax, no capital gains tax and no inheritance tax.
Castillo Caribe offers a rare opportunity to combine this with privacy, security, luxury and lifestyle all on a pristine white sandy beach overlooking the crystal clear waters of the Caribbean Sea.
The space afforded here is too limited to provide adequate description of all the properties features and amenities, please request a detailed package and access to the 3D virtual tour by emailing: heather.carrigan@sothebysrealty.ky
Member of CIREBA.
Property details
Property type
Single Family Homes
Status
Available
Year Built
2008
Interior
Features
Deck, Granite Countertops, Pool, Security System, Spa / Hot Tub, Tennis Court, Billiards Room, Hardwood Flooring, Helipad, In-Home Fitness Center, Media Room / Home Theater, Outdoor Kitchen, Staff Quarters, Terrace / Outdoor Space, Wine Cellar / Grotto, Outdoor Pool, Steam Shower
8
Full Bathrooms
8
partial baths
6
Bedrooms
8
Additional Features
Features
Waterfront, Ocean Front
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