Aug 9, 2010

The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

castillo caribe cayman islands The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

Who are the people that own these $60 million properties around the world? Seriously!?! You know this isn’t their only residence either. This behemoth situated on Grand Cayman, the largest of the three islands that make up the Cayman’s, is megantic (that’s mega and gigantic in one word). Words cannot describe the grandeur of this space, so here’s 29 pictures that will leave you dazed and confused.

biggest entrance to a house ever The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Yes, this is the entrance

biggest house in the cayman islands The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands


CASTILLIO CARIBE – GRAND CAYMAN, CAYMAN ISLANDS

List Price: $59,500,000 USD
Interior: 48,000 square feet (4,459 square meters)

Unique Amenities:
Helipad
Wine Cellar/Grotto
Tennis Court
Outdoor Kitchen
4 Car Garage
Billiards Room
Exercise Room
Spa/Hot Tub
Staff Quarters
Steam Room
In-Home Fitness Center
Media Room/Home Theater

games room and bar The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
This games room is pure class

grotto cayman islands mansion The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
What happens in the Grotto…

private tennis court The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Meh. Surprisingly uninspired

large kitchen The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

cayman islands ocean view The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

CAYMAN ISLANDS – TAX-FREE LIVING

– The Cayman Islands have no local taxes whatsoever: no property tax, no income tax, no capital gains tax and no inheritance tax
– The government receives the majority of its income from indirect taxation. Duty at is levied against most imported goods, which is typically in the range of 22% to 25%. Some items are exempted like baby formula, books, cameras and certain items at a reduced rate of 5%
– Financial institutions that operate in the islands are charged a flat licensing fees by the government, in addition to work permit fees on foreign labour
– The Cayman Islands are the fifth-largest banking center in the world, with $1.5 trillion in banking liabilities. There are 279 banks (as of June 2008), 19 of which are licensed to conduct banking activities with domestic (Cayman-based) and international clients, the remaining 260 are licensed to operate on an international basis with only limited domestic activity

Source: Wikipedia


giant master bedroom bed in middle The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Incredible bedroom setup

incredible en suite with view The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
With en-suite to match

large dining room The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Two chandeliers over your dining table is a must

incredible view from bedroom The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Decent second bedroom

big huge en suite bathroom The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
of course with an en-suite


THE CAYMAN ISLANDS
– The Cayman Islands is a British Overseas Territory located in the western Caribbean Sea
– The territory comprises the islands of Grand Cayman, Cayman Brac, and Little Cayman, located south of Cuba and northwest of Jamaica
– Population is estimated at 60,456 people
– The Cayman Islands have more registered businesses than they have people
– With an average income of around KYD $42,000, Caymanians enjoy the highest standard of living in the Caribbean
– According to the CIA World Factbook, the Cayman Islands GDP per capita is the 12th highest in the world
– The islands print their own currency, the Cayman Islands Dollar (KYD), which is pegged to the U.S. dollar at a fixed rate of 1 KYD = 1.25 USD

Source: Wikipedia


cayman islands house The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

home exercise room The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

living room in cayman The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

incredible master bedroom bed in the middle The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

spiral staircase from the top The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

tv theatre viewing room in house The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
Not IMAX not impressed

giant walk in closet The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

amazing bathroom interior design The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

private wine cellar The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

courtyard The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

castillo caribe grand cayman cayman islands The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

massive foyer cayman mansion The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands
The largest foyer I’ve ever seen

view of the ocean from mansion The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

giant mansion in the cayman islands The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

incredible ocean front view cayman islands mansion The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

mansion on the water castillo caribe cayman The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands

ALL INFORMATION AND PHOTOGRAPHS VIA SOTHEBY’S INTERNATIONAL REALTY









If you enjoyed this article, the Sifter highly recommends: THE CRAZIEST PENTHOUSE IN SAN FRANCISCO

san fran penthouse The $60 Million Mansion on the Ocean: Castillo Caribe, Cayman Islands



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