Topic: property
West Bay sees fastest property price growth in the Cayman Islands
According to the latest data from the Lands and Survey Department, West Bay is the standout performer in Cayman’s cooling condo market.
Cayman property market saw record transactions in 2025
Data from Provenance Properties shows that total transactions in Cayman’s residential property market topped US$1billion for the first time.
Businesses react to hikes in government fees
There was a mixed reaction from Caymanian business community, following higher fee levels announced by the government late on 14 Nov.
Homeowners continue the trend of spending on their homes
The trend that started earlier this decade of homeowners spending more on their homes has continued, local realtors have said.
Q2 real estate sales still up despite properties taking longer to sell
Cayman homes are taking longer to sell because of worry over the future at home and overseas, a real estate expert has said.
Prominent realtor sounds alert on rental scams
A prominent local real estate agent has warned people to beware when on the hunt for rental properties — and to make sure they only deal with reputable professionals to avoid being caught out by a scam.
MPs reject 2% property tax proposed to pay healthcare costs
Parliament squashed plans on Thursday for a 2% property tax to be levied on overseas property owners as a measure to pay for healthcare for underinsured seniors and children.
Stamp duty exemptions for first homes valued up to $550,000
Premier Wayne Panton on Friday announced a plan to raise property values for full stamp duty exemptions for Caymanian first-time home buyers.
Real estate market reaches almost US$1 billion in sales in 2022
Despite seven interest rate hikes by the US Federal Reserve, 2022 was the second most active year for property sales in the Cayman Islands as the average value per transaction reached a new peak.
Cayman property under the hammer in rare New York auction
A luxurious beach front home in Grand Cayman is going under the hammer at a famous New York venue in one of the first auctions of its kind.
First real estate sale using crypto in Cayman
Parallel Limited has brokered the first real estate transaction in cryptocurrency in the Cayman Islands, involving a private residence that sold for more than US$5 million.
Sustainability issues abound in property development sector
The surge in development has prompted a debate about the sustainability of the property sector’s success, its impact on natural resources, infrastructure and future generations.
Cayman for sale? Opinion divided over open property market
Cayman's open property market means there are theoretically 8 billion potential buyers for any home that goes on sale in the territory. Opinion is divided over whether restrictions would help make housing more affordable.
Record collection of stamp duty in second quarter
Government stands to collect almost $34 million in charges and stamp duty from land and property transfers in the second quarter of this year.
Why did property prices rise during the pandemic?
More than a year ago, during the midst of a coronavirus lockdown, hardly anyone predicted that property prices in Cayman would continue to rise.
Red hot property market sees record sales
Property transfers during the first four months in 2021 have significantly exceeded the same periods in previous years both in terms of the number and the value of transactions.
RICS conference to discuss recent property boom
The Cayman Chapter of the Royal Institute of Chartered Surveyors will host the Cayman Islands Property & Construction conference on Friday, March 15, 2019, at the Grand Cayman Marriott Beach Resort.
NEW: Dart confirms purchase of Ritz-Carlton
Dart Real Estate has bought The Ritz-Carlton, Grand Cayman, adding the luxury resort to its growing portfolio of properties along the Seven Mile Beach corridor.
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...
New brands equal new life for Cayman’s real estate industry
Whether it’s the four-star Kimpton, the three-star Margaritaville or possibly even the five-star Four Seasons brand, new brands launching in the Cayman Islands and entering our marketplace are all very good news for Cayman’s real estate industry. In addition, broadening our brand offering when it comes to new resorts is very important for the islands as a whole, for a number of reasons.
Property perspective: 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.
Bovell: PR fiasco could harm real estate environment
It’s very simple: The real estate industry benefits from those who become permanent residents.
Property Perspective: Cayman needs a better PR strategy
The “Panama Papers” episode has brought into sharp focus the need for the Cayman Islands to up the ante when it comes to promoting exactly why this jurisdiction is so successful as far as financial services are concerned.
Sunshine Suites gets new lease
The owners of the Sunshine Suites resort on West Bay Road have agreed to pay US$4 million to the Cayman Islands government to renew a 99-year lease of Crown land used by the business, Planning Minister Kurt Tibbetts announced Wednesday.
South Sound, Seven Mile Beach property ‘on fire,’ inland still lags
The consensus appears unanimous: Real estate brokers say things are great, and anyone checking out the market must agree that they are.
Property Perspective: Interest in high-end homes finally on the rise
As recently as October 2015 I wrote how I saw the $2 million-plus area of the residential homes market as remaining a difficult one for buyers to sell their properties in the short term.
