INTERNATIONAL REALTY GROUP LTD
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Oceanfront Development

Oceanfront Development

COMPLETION OPPORTUNITY

LIST PRICE US$31,500,000 by competitive bid process
DOWNLOAD BROCHURE
1.80
ACRE SITE
~350 ft
OCEAN FRONTAGE
7
FLOORS PARTIALLY BUILT
~80
KEYS (ORIGINAL)
146,821
SQ FT
~100 ft
BEACH COVE

The Opportunity A rare oceanfront asset, partially completed.


Some opportunities come to market only once: a genuine oceanfront development, on the island's most sought-after tourism corridor, offered at the point where the most capital-intensive phase is already complete.

A seven-storey structure, above an underground parking level, already rises from the shoreline to its full height. Plans are in place and the structure is substantially built – a genuine head start toward completion, not a bare site and a multi-year runway.

The site was conceived as a luxury eco and business boutique resort and residences, carrying Hotel / Tourism zoning, the island's most prized development designation. It fronts a sandy cove, with the open Caribbean beyond.

Oceanfront Development
The outlook from the upper floors: a protected cove, cruise ships offshore and George Town beyond.
Oceanfront Development
Uninterrupted ocean views.
Oceanfront Development
On the key corridor between Seven Mile Beach and the George Town Waterfront.

AT A GLANCEPROPERTY DETAILS


Address

North Church St, George Town

Land Register

Block 13E / Parcel 175

Site Area

1.80 Acres

Ocean Frontage

Approx. 350 ft

Zoning

Hotel / Tourism

Structure

7 storeys + parking

Original Scheme

~80 keys, 146,821 sq ft

Beach Cove

Approx. 100 ft

WHY CAYMAN A TAX-NEUTRAL MARKET WITH RECORD MOMENTUM


Tax-Neutral

No income, capital gains, property or inheritance tax

CI$1 = US$1.20

Currency pegged to the US dollar, removing FX risk

Guaranteed Title

Government-backed land register with certainty of title

US$1.55B

Property transfers in 2025, with 2026 on record pace

LOCATION WHERE SEVEN MILE BEACH MEETS GEORGE TOWN


WHERE SEVEN MILE BEACH MEETS GEORGE TOWN
Site boundary outlined in red, fronting the cove at the start of the Seven Mile Beach corridor.
  • Grand Hyatt Resort & Spa~350 m
  • Seven Mile BeachWalking distance
  • George Town Waterfront & Cruise HarbourWalking distance
  • Camana Bay Town CentreShort drive
  • Owen Roberts International AirportShort drive

THE ORIGINAL SCHEME CONSENTED FOR APPROXIMATELY 80 KEYS


The development was conceived as an approximately 80-key luxury boutique resort and residences of around 146,821 square feet. A purchaser is free to complete this scheme or advance an alternative, subject to the applicable planning framework.

Unit Type Indicative Area Units
One-bedroom studios 360 to 393 sq ft 10
One-bedroom suites 590 to 888 sq ft 51
Two-bedroom executive condos 990 to 2,405 sq ft 8
Three-bedroom executive condos 1,754 to 3,951 sq ft 11
Total 80
Facilities & Amenities

Grand reception, lobby and lounge opening to the pool deck, sandy cove beach, boat dock and gazebo. Two conference rooms, a business centre, all-day and signature restaurants, a coffee shop and two pool bars and a seventh-floor spa and wellness centre with six treatment rooms, sauna, gym and spa pool.

Sustainability & Systems

Designed with modern, energy-efficient systems including geothermal cooling, water-recycling systems, a SMART building-management system, LED lighting, solar water heating and extensive rooftop solar.

THE INVESTMENT CASE RECORD DEMAND, CONSTRAINED LUXURY SUPPLY


Cayman is a small, high-value hotel market performing well above regional norms. Demand sits at or near record highs while the pipeline of genuinely new luxury supply stays limited and hard to replicate.

437,800

ARRIVALS 2024

US$945

Luxury ADR

US$715

Luxury RevPAR

~76%

Occupancy

A DEEP REAL ESTATE MARKET


A DEEP REAL ESTATE MARKET

The Cayman Islands sustains a strong, liquid real estate market spanning residential, commercial, luxury, resort and, increasingly, healthcare-related development. Property transfers totaled over US$1.55 billion in 2025, reflecting continued investor confidence and the absence of direct taxation on real estate ownership and gains and 2026 is positioned to be a record year.

Oceanfront Development

The Completed Vision Effortless, water's edge luxury

Guests step from their suites onto a sandy cove, the Caribbean stretching out in every shade of blue. Days move easily between the pool deck and the water: swimming and paddleboarding in calm shallows, snorkelling over living reef, sailing out to world-class dive sites and the celebrated Stingray City. This is precisely the experience today's affluent traveller will pay a premium to enjoy.

Marco Mastrogiovanni

Marco Mastrogiovanni

Senior Sales Advisor


Jeremy S. Hurst

Jeremy S. Hurst

President & Broker / Owner

CONTACT US

OPPORTUNITIES LIKE THIS, <br> RARELY COME TO MARKET

OPPORTUNITIES LIKE THIS,
RARELY COME TO MARKET

Sold via competitive bid process.

The charged property of NCB Investments Ltd. including the development property situated at Block and Parcel No. 13E 175, formerly known as Kailani Grand Cayman, is being managed by the Joint Receivers Joel Edwards, Mike Penrose and Igal Wizman who act as agents and without personal liability.

The development property is being sold on an as-is basis with no representations or warranties provided and subject to contract.