$4,750,000
$4,750,000
Beachfront Home - Prospect Point
House · Prospect/Spotts
House · Freehold market · 6 bedrooms · 6,626 sq ft
Listed by RE/MAX Cayman IslandsView details
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Property for sale in the Cayman Islands
25 properties in the Cayman Islands
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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