The impact of the coastal erosion of Seven Mile Beach & potential solutions
If you’ve taken a walk recently down Seven Mile Beach, you will undoubtedly have noticed the amount of beach erosion that has become the norm rather than the exception. In…
News
Cayman Islands Real Estate Market Update: Third Quarter 2022
As we close out the third quarter of 2022, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market with respect to transactions,…
Lack of development plan has huge domino effect
A country’s development plan is essential as it lays out where we are and where we are heading. It is critical for a country such as the Cayman Islands which…
All COVID travel restrictions lifted in Cayman Islands
Last Friday, we received the great news that we have all been waiting for. The Cayman Islands will be removing all COVID-19 travel regulations to the Cayman Islands. Effective August…
How much does it cost to build a home in Cayman?
To build or buy? That is the question. If you’ve wondered about the average cost to build a house in the Cayman Islands, you’re not alone especially with the limited…
What is a housing bubble? Are we in one?
To buy or sell now or not to buy or sell now? That is the question. Some of the most common questions I am currently being asked are “where is…
Real Estate Market Update: First Half of 2022
The real estate market globally is being impacted by inflation and rising interest rates and the Cayman Islands are experiencing some of these effects in its market. But it important…
Developer contracts and escalation clauses
A year ago, I wrote an article that focused on increasing construction material costs and availability and the direct impact this was having on new construction in the Cayman Islands…
Affordable Housing in the Cayman Islands
As inventory levels for housing in the Cayman Islands remain at record lows, the demand for housing, as I’ve addressed in several articles, is outweighing the available properties that are…
Foreign investors in Cayman Islands real estate
As housing prices continue to climb not only in the Cayman Islands but on a global basis, some countries have implemented new regulations with respect to foreign investment in real…