Aug 9, 2010

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

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
Yes, this is the entrance

biggest-house-in-the-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
This games room is pure class

grotto-cayman-islands-mansion
What happens in the Grotto…

private-tennis-court
Meh. Surprisingly uninspired

large-kitchen

cayman-islands-ocean-view

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
Incredible bedroom setup

incredible-en-suite-with-view
With en-suite to match

large-dining-room
Two chandeliers over your dining table is a must

incredible-view-from-bedroom
Decent second bedroom

big-huge-en-suite-bathroom
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

home-exercise-room

living-room-in-cayman

incredible-master-bedroom-bed-in-the-middle

spiral-staircase-from-the-top

tv-theatre-viewing-room-in-house
Not IMAX not impressed

giant-walk-in-closet

amazing-bathroom-interior-design

private-wine-cellar

courtyard

castillo-caribe-grand-cayman-cayman-islands

massive-foyer-cayman-mansion
The largest foyer I’ve ever seen

view-of-the-ocean-from-mansion

giant-mansion-in-the-cayman-islands

incredible-ocean-front-view-cayman-islands-mansion

mansion-on-the-water-castillo-caribe-cayman

ALL INFORMATION AND PHOTOGRAPHS VIA SOTHEBY’S INTERNATIONAL REALTY









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





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