Blog Posts
Learn about Volumetrics in Cayman Islands Real Estate
Following on from the Central Planning Authority’s approval for the first application for an aerial subdivision earlier this year, I believe it is timely to look at the issue of volumetrics in some detail.
Discover the 5 reasons why Cayman’s real estate industry is on a high.
Why Cayman is currently a great place in which to invest
Short-term Rentals: Approach with caution
Cayman’s real estate market: Is there a tipping point?
Follow up to the Iconic Tower at Grand Cayman discussion
Pros and cons of an iconic tower for Cayman
I know I promised an article on volumetrics this month, but following recent discussions on Dart’s proposal to build a skyscraper tower, I thought I would look at this subject (in the meantime we are busy gathering information for an article on volumetrics next month). The tower proposed will be similar perhaps to the 160-storey Burj Khalifa in Dubai or the former 104-storey World Trade Centre in New York. Plans to create a new skyline for Grand Cayman recognisable the world over were first unveiled by Premier McLaughlin at this year’s Cayman Economic Outlook conference, and have been the subject of a lot of discussion ever since, including at the Chamber of Commerce’s Economic Outlook event.
Cayman-sponsored driver wins British F3 race
Josh Mason, who spent much of his childhood in the Cayman Islands, won his first race of the year in his RE/MAX Bovell Team-sponsored F3 race car at the second British F3 Race at Donington Park in the United Kingdom on 23 June.
Changes in Stamp Duty – what it means for buyers
By the end of this year the Government will close the loophole in the law that allows buyers to only pay Stamp Duty on the cost of the land on which their property will be built, should construction not yet have started and not again later on once the property has been completed (the so-called two-contract transaction).