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.
Blog Posts
Look further afield than Seven Mile Beach for new waterfront properties
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.
Conference highlights
The Royal Institution of Chartered Surveyors (RICS) held their third conference in the Cayman Islands last month, and they highlighted some interesting points that I thought would be worth discussing further in this market update.
Cayman’s strong tourism product highlighted in IRR report
For this month’s update I thought it would be useful to concentrate on analysing some of the findings from the IRR Viewpoint Caribbean Market Update Year End 2016 Report
Still opportunities to be had in a seller’s market
Happy New Year! I would like to begin my updates this year with an over-arching look at the current state of Cayman’s real estate market.
Why buy a condo on Seven Mile Beach?
Put simply, buying a condo on Seven Mile Beach is a great investment! But I would like to delve a little deeper as to why buying property along this highly sought-after stretch of real estate is a smart move.
New brands equal new life for Cayman’s real estate industry
Whether it’s the four-star Kimpton, the four-star Margaritaville or possibly even the five-star Four Seasons brand, new brands launching in the Cayman Islands entering our marketplace are all very good news for Cayman’s real estate industry.
Population growth means growth for our islands
The Economics & Statistics Office (ESO) provides a wealth of information on the Cayman Islands and recently issued some new reports that are worth discussing, in particular within the context of the real estate industry.
A look at canal front living
This month I thought I would focus on a particularly interesting sector of the market, that of canal front or canal view homes and lots. While it has been a challenge to pull useful data, according to statistics from the Cayman Islands Real Estate Brokers Association (CIREBA), there were 21 canal front/view lots sold from 1st January to 29 August 2015.
Cayman’s economy grew 2.4% in Q1
Led by construction, real estate and financial services, Cayman’s economy grew in the first quarter of this year, according to a report released recently by the government Economics and Statistics Office.