$49,950,000
$49,950,000
Castillo Caribe
House · South Sound
House · Freehold market · 8 bedrooms · 48,000 sq ft
Listed by Cayman Islands Sotheby's Int'l RealtyView details
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Property for sale in the Cayman Islands
1 properties in the Cayman Islands
$49,950,000
While you are looking
Geography
Where is the biggest price gap in the Cayman Islands?
The median home in Seven Mile Beach asks $5,175,000; in Cayman Brac East it asks $150,000. Same island, 34.5× the price.
What would make this wrong: It compares what is on the market, not like for like. An area of large houses will always beat an area of flats, whatever the land underneath is worth.
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What things cost
Which bedroom costs the most in the Cayman Islands?
Going from 4 bedrooms to 5 adds $2,351,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 5-bed house is not a 4-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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What things cost
Where does a square metre cost most in the Cayman Islands?
Seven Mile Beach asks $19,903 per m²; North East Coast / Colliers asks $4,149. The same 100 m² flat differs by $1,575,400 depending only on where it stands.
What would make this wrong: Only the listings whose agent published a floor area are in this, and agents measure differently. Condition and outside space are not in it at all.
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