Maiden Plum Kai

Many of you will recognize the inserted picture. It was taken from the seaside deck of Maiden Plum Kai on Grand Cayman Island before the September 2004 Hurricane Ivan totally destroyed our lovely beach home. During the last 3+ years my brother and I have been endeavoring to rebuild. Unfortunately after having finished design plans and architectural studies and within weeks of going forward, we had a family tragedy that has required us to change our plans. My daughter developed a rare spinal disorder that had left her paralyzed form the chest down. Though the prognosis is improving, we still feel it necessary to create a fund for her benefit. Hence we have decided to sell our property Maiden Plum Kai that has been in our family for almost 40 years. I am sending this email to people who have stayed at Maiden Plum in the past or who have sent us an inquiry regarding a rental interest.

In order to determine the value of this property we had an appraisal of the property done by Deloitte & Touche in December of 2005. It takes a minute or so for this file to download.

We feel that since property values on Grand Cayman have remained stable the last couple of years, that the Deloitte appraisal represents a fair valuation. Please note that at the time the property was appraised, the property was split up into to two parcels. Since then to two parcels have been placed in our Caymanian corporation, Maiden Plum Limited.

In anticipation of rebuilding our beach house we have developed plans through a local architect from Georgetown for a lovely four bedroom/three bath single story beach house on the original site. We would be prepared to make these plans available to any interested party. We have continued to have the property maintained and recently cleared the site down to the foundation of the original structure.

If you have any interest in this property, we can be reached via email maidenplum@embarqmail.com or by phone (908) 832 0168
Yours truly, Bruce and Wally Pereyra