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More than a year ago, during the midst of a coronavirus lockdown, hardly anyone predicted that property prices in Cayman would continue to rise.
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.
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.
Put simply, buying a condo on Seven Mile Beach is a great investment. But I would like to delve a little deeper as to...
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.
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.
It’s very simple: The real estate industry benefits from those who become permanent residents.
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.
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.
The consensus appears unanimous: Real estate brokers say things are great, and anyone checking out the market must agree that they are.
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.