Navigating The New Build Process In Cayman

Buying a new build property off plan can be one of the most exciting prospects of your life. A brand new home, kitted out with all the little extras you have chosen, with the keys handed to you once it's completed.

Understanding the Cayman off-plan property purchase process 

The process is fundamentally quite simple. Once you find the development you like, choose your unit, pay a deposit and sign a contract confirming you will purchase the property once it has been constructed. This contract is different from the 'offer to purchase' style of contract often used to purchase existing properties. The reason for this is there are a lot more moving parts to an off-plan property purchase. Unlike purchasing an existing property