Grand Cayman buzzing during tourist high season. Property sales along Seven Mile Beach strong. Notable infrastructure development, Health City – Shetty Hospital, Ironwood development in East End.
News
New airline launching in Cayman Islands
A new Cayman Islands-based airline is planning to run scheduled flights connecting to the Caribbean and Latin America. BlueSky Airlines has already launched an executive jet service aimed at high-end clients in the business world. The service, which allows executives to take day trips on
October Market Update
The development of new hotels, each targeting a different segment of overnight visitor, is fantastic news for the future growth of Caymans tourism sector. Cayman needs to focus on infrastructural development to handle increased demand.
Owners seek to increase height of Beach Suites
Owners of Grand Cayman Beach Suites plan to turn the five-story hotel into Seven Mile Beachs newest seven-story hotel, adding two floors to the building.
September 2013 Market Update
Beach condo sales show healthy growth, especially in the high end luxury segment. New demographic of Cayman real estate buyers.
August 2013 Market Update
New immigration changes positive step for Caymans real estate market; New Kimpton boutique hotel to generate real estate growth
July 2013 Market Update
US market outlook The latest Housing Report produced by RE/MAX in the US makes for very encouraging reading. In May, both US home sales and home prices rose at double digit rates above levels seen in May last year with sales increasing by 11.6% and
Neighbours want Kai PAD info
As published in the Caymanian Compass l WEDNESDAY 5 JUNE 2013 l Neighbours want Kai PAD info
Outgoing Cabinet loosens guidelines in beach resort zone
As published in the Caymanian Compass – WEDNESDAY 29 MAY, 2013 http://compasscayman.com/caycompass/2013/05/29/Outgoing-Cabinet-loosens-guidelines-in-beach-resort-zone/ Just before the 22 May general election, the outgoing Cabinet members made small, but significant changes to the Cayman Islands’ Development and Planning Regulations, enabling taller and denser apartment developments closer to the
US new home sales up 2.3 percent in April
As published in the Caymanian Compass l FRIDAY 24 MAY 2013 l WASHINGTON (AP) U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.