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The Meadows at Batabano Homes for Sale

Are you looking for homes for sale in paradise? Consider a luxury townhome at The Meadows at Batabano in the Cayman Islands from Edgewater Group.

The Edgewater Group is a boutique property group, the only one of its kind in the Cayman Islands, which enables us to offer the most comprehensive and cohesive property service on island. Edgewater Properties Ltd can assist you with buying, selling, leasing, or property management. Edgewater Development Ltd can help you build, renovate, or fit out large and small residential and commercial projects.

Whether you have thought about relocating to Grand Cayman, retiring, buying a vacation home, or investing in property with high income-generating potential, we can help you understand the steps involved.

The Meadows at Batabano

The Meadows at Batabano is a new 113-home residential development located at the end of the Esterly Tibbetts highway on Batabano Road in West Bay. Our townhomes combine Caribbean charm with contemporary finishes and include homes that range from 660 to 2,367 square feet with one to three bedrooms, one to four bathrooms, fully fitted kitchens, spacious living areas, and private patios or terraces.

The complex has been designed with common areas that feature swimming pools and club houses equipped with game rooms, bathrooms, and offices. There is also outdoor exercise equipment around the complex that creates a circuit, the only one of its kind on island.

As the most developed and populous island in the archipelago, Grand Cayman is by far the most popular destination for property buyers who want to invest in the Cayman Islands. Particularly sought after are condos and townhomes in the West Bay area like The Meadows at Batabano.

How Do you Buy a Townhome in the Cayman Islands?

Buying a new construction townhome in the Cayman Islands is typically a straightforward process.

Once you have found a property that meets your needs, you will select your preferred townhome, sign a purchase agreement, and pay a deposit that will be held in an escrow account. A contract will be drawn up that stipulates the terms and conditions of the transaction.

Next, you will be required to make a series of stage payments (payments of 10% to 15% each) as each phase of construction is completed, e.g., the ceiling and exterior walls.

You should be prepared to pay the balance of the purchase price upon completion of construction, at which point ownership of the townhome will be transferred to you.

For property purchases, the Cayman Islands government imposes a one time “stamp” duty on real estate based on its value and location. The current rate is 7.5% of the purchase price.

Edgewater Group is a full-service member of the Cayman Islands Real Estate Brokers Association (CIREBA). That means we are up to date with all laws that pertain to the Real Estate Industry in the Caymans. It also means that you can select one realtor and stay with them throughout the process instead of having to work with numerous real estate agents.

Whether you are considering buying a townhome at The Meadows at Batabano for personal use or as an investment, Edgewater Group can help. We have homes for sale and will work hard to ensure that you have a satisfying home buying experience. Get in touch with us at +1 (345) 946-3343, or contact us online for more information.

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