Buy Land in Cayman Islands: Local Owner Financing Program
- NO BANKS REQUIRED!
- Flexible Down Payment
- Flexible Monthly payments
- Fast approval
- Fixed Interest Rates
Why Choose Easy Lot? No Banks Required
Land for many budgets
Grand Cayman from CI $72,000
Little Cayman from CI $45,000
Flexible down payments
Grand Cayman from CI$2,500
Little Cayman from CI$1,575
No bank required
Our Local Owner Financing Program puts land in your hands!
Flexible monthly payments
Grand Cayman from $560
Little Cayman from $380
Featured Land Developments in Cayman
High Rock Estates: Premium Land in East End, Grand Cayman
Secure your future in the prestigious East End. High Rock Estates sits on elevated land,
offering natural protection and stunning native landscape. It is the perfect balance
of privacy and accessibility, with paved roads and utilities ready for your dream home.
How the Owner Financing Process Works
By following these 3 Easy Steps you can be a land owner in a matter of days.
Step 1: Choose your lot via Interactive Map
Our new interactive map is the first of it’s kind in Cayman! You can check availability, view sizes and square footage all with a click of a button.
Give it a try, you have nothing loose and everything to gain!
Step 2: Calculate Monthly Payments
Easy calculator will instantly estimate your monthly payment based on your down payment, term length and lot price. Don’t worry, our calculator will do the work for you automatically. It really is that Easy, with Easylot!
Step 3: Submit Pre-Approval Application
Other documents that can be used for address verification are as follows-
(a) Confirmation of address by landlord or family member who can confirm your residence.
(b) A clear and unexpired copy of your passport picture page
(c) A clear and unexpired copy of your drivers license
(d) A clear copy of a recent utility bill (within 3 months)
– Home Internet/Cable Service/ Land Line Service
– Cayman Water/Water Authority
– CUC
– Clean Gas/Home Gas
Video Resources & Guides
Step by Step: How to Apply
What is Easylot?
What is the Easy Lot Owner Financing Program?
What's Next After you've been Pre-Approved?
What's Next After you've been Approved?
When Applying, Why Does Your Home Address Matter?
TESTIMONIALS
Satisfied Landowners Share Their Stories
Frequently Asked Questions
DO NOT TOUCH THIS
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How soon can I begin building on my lot?
Before construction starts on your Easy Lot property, obtaining a building permit is essential.
Permits: Building permits are required from the Cayman Islands Department of Planning. The application process typically takes between 6 and 18 months, depending on your project’s complexity. Once you own your land, you can initiate the permitting process.
What is the interest rate for Easy Lot's financing program?
Easy Lot offers a fixed interest rate of 9% for our Owner Financing Program. This translates to predictable monthly payments throughout your loan term.
What is the registered name of the development?
High Rock 67 – Block 67A, Parcel 44.
How do I make my deposit and monthly payments to Easy Lot?
Easy Lot accepts secure deposits and monthly payments only through online transfer to our CIBC First Caribbean International Bank account.
Beneficiary Account Name: High Rock 67 Ltd
Beneficiary Bank: CIBC First Caribbean International Bank Cayman Ltd
Beneficiary Account No: CHECKING Account: 10488412
Swift Code : FCIBKYKY
Currency: KYD (Cayman Dollars)
Bank Address: 25 Main St, George Town, Cayman Islands
Can I make extra payments towards my loan?
Absolutely! You can make additional payments towards your principal at any time. This can help you pay off your land faster.
Owner Financing Approval Time
What are the Fees & Expenses in the sales agreement and why do these pertain to me?
Is there a fee for paying off my land early?
Easy Lot offers a fixed-rate financing program for predictability. There is an early termination fee if you pay off your loan within the first 60 months. This fee is a 15% percentage of the remaining interest on your loan balance.
What is a fill notice and when do I need it?
A fill notice is a document informing us you’re ready to begin to fill your site as per planning regulations. You will request this from the developer at the appropriate time.
Can you explain what it means to fill and clear the plot as per the fill notice?
You are responsible per planning regulations for preparing your lot under the specified requirements. This will include filling and clearing your land. If you require more detail on this please refer to the planning website for more information.
Who is responsible for stamp duty on my land purchase?
In the Cayman Islands, the buyer is typically responsible for stamp duty on property purchases (if applicable). This payment is typically due after you pay off your land. However, there are exemptions available, such as for first-time Caymanian property buyers.
For more information, please visit: https://www.caymanlandinfo.ky/Services/VEO/Stamp-Duty
Can I make a larger down payment than the minimum required?
Absolutely! Easy Lot welcomes larger down payments. This will help you pay off your loan faster. The choice is yours!
Can I use my lot for storage, such as parking a container, boat, or other equipment?
No, our covenants do not allow for this.
Is there a minimum square footage requirement for building a home on my lot?
Easy Lot does have a minimum size requirement for homes built in High Rock Estates. The minimum home size is 1,200 square feet.
Are there Strata fees associated with High Rock Estates?
High Rock Estates is designed to be FREE of Strata FEES.
What type of zoning does High Rock Estates have?
High Rock Estates is zoned for low-density residential development.
Can I build a duplex on my Easy Lot property?
Easy Lot strives to provide accurate information, but building code details are best obtained from the Cayman Islands Department of Planning.
The zoning for High Rock Estates allows for low-density residential development, which may permit duplexes on lots exceeding 12,500 square feet according to the 2024 Development and Planning Regulations.
Cayman Land Investment Guides & News
Make a SMART investment for your future!
If you have any questions, don’t hesitate to reach out!
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