News

In light of the recent category five hurricanes the Caribbean has had to endure, 13 years to the day since the Cayman Islands suffered at the hands of its own worst hurricane in living memory, the category 4/5 Hurricane Ivan, I thought it would be useful to take a look at what we have learnt from our experiences and, more worryingly, what we have not learnt.

In this September update, as the Cayman Islands prepares itself for the busy winter high season ahead, I thought it was about time to see where sales have gone, year on year to date, for the previous five years. This should give us a good perspective for the year ahead looking at the trend.

While my focus in past real estate market news updates has been on luxury beachfront condos, in this monthly report I’m concentrating on a particularly interesting section of Caribbean real estate: that of Cayman’s luxury residential homes.

The future of Cayman is bright when it comes to our real estate industry. In recent years we have built a very strong foundation for this country which is now reaping benefits for those who have invested wisely when it comes to real estate, and will continue to do so for the foreseeable future, in my opinion.

People looking to move to Cayman need to keep abreast of immigration legislation to ensure their move is smooth and straightforward. This article highlights some immigration law changes that could impact your move to Cayman.

I have been troubled of late by two issues that have caused concern within the Cayman Islands real estate industry, the question of setbacks and The issue of valuations.

There are so many more reasons why people choose to invest in Cayman real estate. If you are looking for a purely financial investment, then you would be hard-pushed to find another jurisdiction comparable with what we have to offer. It is a well-known fact that investors like stability and we have an extremely stable governance…

As I write this update we are about to go into another election that will determine Cayman’s fate for the next four years.

Last month I mentioned a brand new development that would be taking shape at the old Pageant Beach location, a beautiful spot right next to The Wharf restaurant.

As I have said in quite a few recent updates, inventory along the prized Seven Mile Beach corridor has reduced dramatically over the course of last year and the beginning of this year, in particular, new homes, of which there are a limited number right now.