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.
Yes, this is the entrance
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
This games room is pure class
What happens in the Grotto…
Meh. Surprisingly uninspired
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
Incredible bedroom setup
With en-suite to match
Two chandeliers over your dining table is a must
Decent second bedroom
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
Not IMAX not impressed
The largest foyer I’ve ever seen
ALL INFORMATION AND PHOTOGRAPHS VIA SOTHEBY’S INTERNATIONAL REALTY
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