by Gabriella Agostinelli 
When it comes to luxury living in Grand Cayman, few things can rival the allure of a waterfront home. A waterfront property on island can range anywhere from a high end condo on the highly coveted stretch of Seven Mile Beach, a cozy home on the tranquil canals of Grand Harbour, or even a hidden oasis of quiet luxury on the North side. While the location of these properties may vary, the unparalleled lifestyle of breathtaking views, soothing sounds of the rhythmic waves, and a profound feeling of tranquility are all a shared state of being. Read along as your team at Momentum Realty breaks down the ins & outs of oceanfront properties in paradise!
1. Breathtaking Views & Tranquil Surroundings
One of the primary reasons why waterfront properties in Grand Cayman are so valuable is the unparalleled and unobstructed views they have to offer. An ocean view, from say a beach front condo on Seven Mile Beach, transcends the traditional real estate experience to something truly magical. Additionally, a waterfront home provides a peaceful environment that can transport you from the daily hustle and bustle of life, to a sensory experience of soothing sounds of waves and the dancing light of sun across the water.
2. Outdoor Recreation
One of the many benefits of living in a tropical climate is the promise of an active outdoor lifestyle filled with the sun and sea. Living just steps away from the beautiful Caribbean ocean unlocks an infinite amount of recreational activities. Snorkeling, scuba diving, paddle boarding, kayaking or simply a stroll along the beach can seamlessly become a part of your daily life. The allure of a lifestyle on the sand and under the sun enhances the overall value of a property, while simultaneously increasing its long term investment potential.
3. Wellness Benefits
There have been a plethora of recent studies reporting that living by the ocean has a plethora of health benefits. Just to name a few; an influx of vitamin D which helps regulate mood and reduce depression, reduced stress levels, and lower blood pressure and cholesterol levels. The calming effect of the ocean paired with fresh air and a laid back lifestyle that promotes outdoor activities can contribute to an overall healthier lifestyle, further strengthening the value of waterfront properties.
4. Increased Resale Value & Investment Potential
In the realm of real estate in Grand Cayman, very few investments embody appreciation as strongly as oceanfront properties. Historically, oceanfront property as well as waterfront land (i.e. canals, lakes etc.) have appreciated in value far more rapidly in comparison to inland properties. This phenomenon can be linked, especially in Grand Cayman, to the limited supply of waterfront land in tandem with the consistent high demand for such properties. Many domestic and international property investors view oceanfront real estate as a sound and profitable long term investment.
5. Building Regulations
In Grand Cayman there are specific regulations, laws, and environmental considerations put into place by the Cayman Islands Government that regulate the building of waterfront properties. The regulations specify the maximum height permitted for buildings near the ocean as well as specific setback distances, all of which can vary based on the type of property development (i.e. commercial, residential, etc.). Understanding the many restrictions and regulations is essential in protecting the natural beauty of the island and it is vital to work with The Cayman Islands Department of Planning when planning to build an oceanfront property.
If you are looking to purchase an oceanfront property in Grand Cayman, now is the perfect time to do so! The real estate market on island is seeing rapid growth with an influx of oceanfront developments and homes for sale, which to our eye doesn’t seem to be slowing down anytime soon. And now that you have five tips to oceanfront living in Grand Cayman what are you waiting for? Let’s find the perfect property for you; we’re just a phone call away. Let our team at Momentum Realty help you unlock your paradise!
This article is for informational purposes only and should not be construed as legal advice.
