In the post Why Buy Property in Cayman Islands we explained why Cayman Islands is an attractive location for investing in land. In this post we look at some specific properties with attractive offers. The properties are offered under the following projects on the different islands that comprise the Cayman.

• The Dubli Golf & Beach Resort in Grand Cayman,
• The Little Dolphin Estate in Cayman Brac, and
• The Lakeside Estate and the Little Cayman Estate in the Little Cayman.

These are great projects that offer developed land plots with infrastructure and each plot comes with a full set of architectural and construction drawings (though you need not proceed to the construction stage as many investors prefer to keep the land as it is and sell it when the price goes up).

What makes these projects really special is the guaranteed return offers available to investors. To avail the guaranteed returns, you enter into a buyback agreement with the property developers. Under the agreement, you give the developers an option to buy back the property during a five year period by paying a price 20 percent above what you paid.

In return for the option, the developers will assure you a guaranteed annual return for the five year period. The rate of return varies depending on whether you pay the full purchase price (say, by using your SIPP funds) or avail the interest free five-year finance to pay the price in five annual installments.

If you pay the full price immediately, you get 6 percent per annum for five years, which works out to a 30 percent return over the five years. If you avail the option to pay in five yearly installments, the annual returns you get vary and will work out to a 20 percent return over the five year period.

One highly attractive feature of the offer is that you will get your full five year return even if the developer exercises the buyback option before the expiry of five years. In such a case, you will be paid a compounded final payment representing the returns for the remaining period.

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