A recently published Caribbean Market Update, produced by Caribbean-based Integra Realty Resources, has offered good news for the Caribbean economy, noting a general improvement in tourism for the region, as well as a gradual improvement in real estate sales and an increase in foreign investment into our area.
Blog Posts
August 2015 Market Update
I estimate that there have been approximately 60 to 70 new properties built over the past year, or are committed to being built in the next year that are single dwelling, family residences in the US$1.5 million to just under US$3 million price range. These properties have been developed primarily in canal-front locations, from West Bay, along the Seven Mile Beach corridor and out to Grand Harbour.
Dart buys Barefoot Beach property
A $10 million piece of beachfront property in East End once slated for a Mandarin Oriental Hotel has been acquired by Dart Realty, the developer has confirmed.
Tourist arrivals dip slightly
The number of visitor arrivals in Cayman for the month of May dipped slightly compared to last year, but the western Caribbean tourism hub managed to maintain an overall increase in visitors so far in 2015.
Dart, beyond Camana Bay
In the 20 years since Kenneth Dart bought the land that has become Camana Bay, Dart Realty (Cayman) Ltd. and its associated companies have also been involved in many other real estate and development activities on Grand Cayman.
New Treasure Island owners promise massive investment in hotel
A Canada-based property development firm aims to invest US$70 million to renovate the Treasure Island resort after agreeing to a deal to buy a controlling stake in the beleaguered Seven Mile Beach venue.
February 2015 Market Update
Cayman well positioned for the ‘new age’. More than just a tourist destination.
January 2015 Market Update: My wish list for Cayman Families for 2015
Cayman’s Permanent Residency policies penalizes families.
Angels establish Breast Cancer Wellness Initiative
The Breast Cancer Foundation is delighted to announce a new wellness initiative. The catalyst for this initiative was a donation made to the Breast Cancer Foundation by a group called Aimees Angels who participated in the Susan G. Komen 3-Day walk in the Boston in July.
Eco-tourism could help protect local nesting turtle population
Eco-tourism could help protect local nesting turtle population. Hatchlings threatened by lighting from hotels and condos.