Over the past 3 years the two main influencers of the thriving Cayman Real Estate Market have been the resident population boom and Stamp Duty reduction for Raw Land Strata’s. For those wanting to get their foot on, or higher up the Cayman property ladder, and perhaps expand their real estate investment portfolio, this is still possible at 2019 prices with Davenport’s future offering Bahia, overlooking South Sound Bay.
Following on from their successful residential communities including Arvia, Vela and San Sebastian, Davenport Development have been triumphant, time and time again of not only delivering what the Cayman property market wants and needs, but also being industry leaders in modern, energy efficient construction with luxe resort-style amenities at an affordable list price and monthly strata costs. Most recently, Davenport have helped Bahia buyers by being one of the few developers to clinch the Stamp Duty savings for a future development!
Milestone Properties Cayman are thrilled to offer Bahia - Situated on the corner of Bel Air Drive and fronting South Sound, Bahia – the Spanish and Portuguese word for bay, will overlook the multi-blue and reef-protected bay of South Sound. Steps away from the designated Scenic Ocean Coastline of South Sound and its Boardwalk, and only a short drive east to Grand Harbour and Georgetown and beyond are west. Red Bay Dock and the boat launch are close by.
Luxe levels of living
Bahia boasts a brilliant list of amenities that will make living in this community an absolute pleasure. Owners and residents will benefit from amenities customary of a high-end resort at their disposal:
Wake up and enjoy an invigorating swim in the Olympic length pool or flow through their asana’s in the yoga studio then chill by the free-form pool with shallow beds and spa; all-weather workouts are possible in the indoor or outdoor gyms on their return from work, or join your neighbours to a game of tennis on the communal court.
With an on-site property manager who can handle deliveries or take care of light maintenance on your behalf if you are out or off-island. Endless entertaining options abound for larger parties choose between the clubhouse or the shady cabanas for a relaxed day around the pool or for more intimate gatherings your private roof terrace awaits.
Residences at Bahia will range from one to three bedroom spacious floor plans all set over three storeys, ensuring there is an option to suit everyone, the developers are offering a optional extra's to each of layouts (see links to floor plans below). For reference, the three bedrooms will have the same footprint as the four bedroom villas in Vela III, allowing ample space to convert the top-floor into a super-sized suite, and/or a kitchen island on the ground floor, as desired.
As with all of Davenport’s developments, each Bahia residence is thoughtfully and tastefully designed to ensure an abundance of light and air. Tasteful interiors include natural stone countertops, quality appliances and high design bathroom fittings, all finished to the highest of standards.
Cayman property prices are on an upward trajectory - not only does buying at Bahia offer the Stamp Duty Reductions, but it also affords you the opportunity to LOCK IN 2019 PRICES FOR 2021!
NOW 70% RESERVED IN THE FIRST 3 WEEKS SINCE RELEASE!
Ground-breaking is scheduled for mid 2020, Bahia promises luxe living on the scenic shores of South Sound. Modern, contemporary interiors, high efficiency and resilient construction plus exceptional amenities do not need to come with an impossible price tag, however.
RESERVE AT BAHIA NOW WITH A CI$10,000 NON-REFUNDABLE SURETY
STAMP DUTY (on land value) PAID TO CI GOVERNMENT DUE BEFORE DEC 31ST CI$3000
10% DEPOSIT DUE ON GROUND BREAKING DUE MID-2020
BALANCE OF CURRENT LIST PRICE OF BAHIA DUE MID-2021
Securing your residence now saves you over CI$30,000 in Stamp Duty, and allows you time to build up your saving reserves and arrange financing for 2021. List prices on the remaining residences in Bahia will increase in 2020 in-line with Cayman real estate market trends.
Views & Floor Plans
Residents can enjoy Cayman's endless summers on their private terraces, there are six buildings affording scenic views of South Sound a further six buildings arranged around the landscaped pools and patio. Click on the links below to explore the different floor plans and view options on offer:
Ground Floor Slab
The ground floor slab elevations will be approximately 9ft AMSL, and distance between floors almost 12ft; thus expansive eye-level views from the top-floor terraces will be approximately 45ft AMSL.
Floors & Roof
Floors are an engineered metal framed structure with 5 inches of poured concrete on top. (www.vulcraft.com). Roofs are also an engineered metal framed structure with 5 inches of poured concrete on top, making the entire structure solid concrete block and extremely resistant to severe weather. The homes will have tiled flooring throughout the entire residence, there will be a choice high-quality Porcelain tiles.
The ICF walls are constructed of Insulating Concrete forms, blocks manufactured on island by Flowers Foam Ltd. These are compressed foam bricks with six inches of poured industrial grade concrete, (3,000 & 4,000 psi) reinforced with steel rebar vertically and horizontally. ICF is an extremely strong construction method and the strongest hurricane protection on this island. ICF makes your home very energy efficient, leading to lower monthly electricity bills; delivering an R rating of 30, while traditional cinder block offers only an R rating of 6). (www.foxblocks.com)
Providing peace of mind for residents whether they live there permanently or keep it as their vacation home, Bahia will be fully gated community with a video entry system and a perimeter wall will provide privacy. Each residence comes with a complete security system from Ring. (www.ring.com)
One of the hallmarks of Davenport Development is that sustainability is designed in from the start, and Bahia is no exception. The solid ICF (Insulated Concrete Form) walls, poured concrete roofs and reflective impact-rated windows combine to mitigate against the risk of hurricanes and provide exceptional insulation. This, along with highly-efficient air conditioning and ranges, washers & dryers all keep utility costs down, and smart wiring to future-proof the asset.
Custom ordered from Induplan of Spain, who only use heat Strengthened Glass, these large format windows are insulated and impact resistant, eliminating the need for hurricane shutters. An additional bonus is the low-e glass that comes with a Neat & Preserve coat similar to self-cleaning windows.
Kitchens & Bathrooms
European in design, style, form and function these will be of the highest standard with modern, sleek cabinetry, contemporary choice of counters and accessories from Kohler and Delta. Appliances packages will likely be KitchenAid. The kitchen will come fully equipped with 36” cook-top, a wall mounted oven and microwave combo an extra-large French Door fridge/freezer.
Air conditioning shall multi Zone A/C from Lennox, supplied and installed by Otis AIR. The HVAC system will be controlled by the Nest Thermostat (www.nest.com)
Smart wired with Cat 6 cables for the discerning purchaser to easily programme their home for the future. Each residence will be ‘fibre Ready’ in all living areas and will be fitted with a Vera Home Control system. (www.getvera.com)
Family & Pet Friendly (responsible pet ownership is a must)