Q1 2021 Cayman Islands Real Estate Market Report and Beyond
At the beginning of this year, I provided a comprehensive overview of Cayman’s real estate market for 2020. As projected, the real estate market in the first part of this…
Seven Mile Beach
Interesting times for Cayman Islands luxury real estate
Over recent months, the Cayman Islands has seen interesting times with an unprecedented interest in luxury real estate, and this has often been credited to the fact that international real…
Cayman real estate can benefit from quarantine rules
In the Cayman Islands we have had strict quarantine rules in place for incoming travellers since the pandemic first hit in March 2020. From September 2020 people could elect to…
The grass is not always greener… Real estates at Seven Mile Beach
At the moment real estate agents find themselves in a bizarre situation: we are missing inventory on Seven Mile Beach. There is hardly any inventory to be sold; in fact, the availability of one, two or even three-bedroom properties for sale is very limited indeed. If we thought we had low inventory before, that is nothing compared to the limited supplies now.
New life breathed into Seven Mile Beach… Watch the space!
For some time now I have written about the dwindling inventory available on Cayman’s most prized real estate corridor, that of Seven Mile Beach. I can now report with some excitement that the owners of the Lacovia condominiums – an existing development located about a third of the way up Seven Mile Beach – have unanimously agreed to redevelop their property.