Cayman Real Estate Blog

Today's headlines include notice of a rally by protesters who are opposing part of the ForCayman development. The protesters object to the closing off of a segment of West Bay Road - the segment that currently includes access to Public Beach. This segment also includes...

Cultural and Environmental concerns 2015-05-12 01:56:04
Cayman Luxury Property Group
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Cayman Luxury Property Group

Despite the global challenges, Cayman remains steady and on-course. Patience, the key word for the global challenges of our times. Property pricing, KEY, being realistic in pricing, key, for all properties in order to maintain continued market activity. All indications are that...

Cayman Properties, Steady as she goes in 2012 2015-05-13 13:32:38
Cayman Luxury Property Group
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Cayman Luxury Property Group

Last week the developers of Morritt’s Tortuga Club and Morritt’s Grand Resort announced a $58mil expansion starting in 2012. This announcement echoes end of year forecasts predicting that construction and development will recover in 2012. And at the same time...

Expansion plans at Morritt's Tortuga 2014-09-01 16:51:22
Cayman Luxury Property Group
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Cayman Luxury Property Group

Moody’s, the Global Credit Rating Agency, has given the Cayman Islands a rating of Aa3 for their recent attempts to improve the economy, which would end in a fiscal surplus and reduction in debt.  Moody’s said that the rating was given for the Cayman Islands’ high per capita...

Cayman Real Estate.... Definitely a Happy New Year 2012 from Moody's Global Rating Agency 2015-05-13 13:34:24
Cayman Luxury Property Group
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Cayman Luxury Property Group

BCQS, the well-known property development and consulting firm, has released its market trend report for 2011. Key among the trends presented is that construction costs, after rising for the last several years, are predicted to drop in coming years. In BCQS's analysis, Cayman ranks...

Cost of Construction in Cayman 2014-09-01 16:51:26
Cayman Luxury Property Group
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Cayman Luxury Property Group

How do you choose? How do you choose among all the real estate companies? We all sell the same properties, some better than others. Typically, we all use the Multiple Listing System (MLS) that gives us access to everything that is for sale on the island. We agree that looking...

The Right Real Estate Professional? 2015-05-12 02:01:36
Cayman Luxury Property Group
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Cayman Luxury Property Group

Congratulations to our own Jeanette Totten on her appointment as the First Woman President of the Cayman Islands Real Estate Brokers Association. The Cayman Islands Real Estate Brokers Association (CIREBA) began operating as the only professional association...

Cayman Property News... Jeanette Totten, President of the Cayman Islands Real Estate Brokers Association 2016-02-29 20:50:25
Cayman Luxury Property Group
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Cayman Luxury Property Group

Cayman has four premier hotels operated by international brands. One of them, the Grand Cayman Marriott Beach Resort, has just announced major renovations in 2012 under new ownership. Private Equity Group has joined Gencom Group and Marriott as a major shareholder in the property. Although the...

Major renovations for the Marriott 2015-05-12 02:06:03
Cayman Luxury Property Group
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Cayman Luxury Property Group

This week brings some very positive growth signs in Cayman Property News! On 24 November, 2o11, the Developers for the Shetty Medical Tourism Hospital completed their purchase of a site located in East End. Mr. Joseph Imparato, as well as Dr. Shetty's Team will act as "co-developer" on the site. Mr. Imparato will focus...

Cayman Property News - Shetty Hospital Land Deal Signed! 2015-05-13 13:36:10
Cayman Luxury Property Group
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Cayman Luxury Property Group

Ambitious is a great word to describe property development in the Cayman Islands. In the past couple of years, several ambitious projects have been announced or launched – Cayman Enterprise City, ForCayman, The Barcadere and the Shetty Hospital. Each of these is a...

The Shetty Hospital - business, residential and more 2015-05-12 02:11:59
Cayman Luxury Property Group
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Cayman Luxury Property Group

Pirates Week 2011 is the National Festival of the Cayman Islands! 10 Days of Heritage, Local Food, Crafts, Competitions, Street Dances and so much more! This festival is the kick-off for Cayman Islands high season leading up to Thanksgiving & Christmas bringing tourists...

Cayman's Premier festival...Pirates Week 2011 2015-05-13 13:37:04
Cayman Luxury Property Group
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Cayman Luxury Property Group

Cayman Enterprise City (CEC), the special economic zone designed to bring more business to the Cayman Islands, is in the news again with the announcement that the developers are in discussions with Virgin Produced. This announcement gives a recognizable face – Virgin Produced as a client in the media park – to the concept of building...

Cayman Enterprise City Courts Virgin Produced 2015-05-12 02:17:50
Cayman Luxury Property Group
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Cayman Luxury Property Group

Camana Bay has this week won the Travel Weekly Magellan Award 2011 in the category of Caribbean - Overall Destinations – Best Waterfront Development.

Camana Bay, a mixed commercial and residential development, is a stunning example of New Urbanism planning. The property stretches from Seven Mile Beach across the West Bay...

Camana Bay wins Travel Weekly award 2015-05-12 02:20:23
Cayman Luxury Property Group
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Cayman Luxury Property Group

Commercial real estate activity in Cayman has not suffered the decline that residential property has in the last two years. In spite of a down economy, Cayman’s business sector thrives due in part to the high percentage of professionals living here. When the ForCayman Alliance completes the bypass from Seven Mile Beach to West Bay, a whole new arena...

By-pass extension creates commercial space 2015-05-12 02:21:48
Cayman Luxury Property Group
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Cayman Luxury Property Group

The Cayman Islands government is considering abolishing the term limit imposed on foreign employees. With no more restrictions on their residency limits, these employees would likely feel much better about purchasing property. We are eager to see if even news of the possibility of such a suspension might spur...

Will changes in immigration laws help real estate? 2015-05-12 02:24:51
Cayman Luxury Property Group
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Cayman Luxury Property Group

Cayman Luxury Property Group is leading the real estate industry using QR codes, the latest marketing tool. QR codes enable customers to search for property information using their smart phones. “We are excited to be the first real estate company in the Cayman Islands to offer our customers this innovative tool,” says Broker Jeanette Totten.

“QR codes allow...

Cayman Luxury leading the market using the latest marketing tool- QR codes 2015-05-12 02:37:17
Cayman Luxury Property Group
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Cayman Luxury Property Group

Cayman Enterprise City (CEC) is an ambitious development, a partnership between Hon Cayman Properties Ltd. and the Cayman Islands Government, which has made the news several times since January. It will be the first special economic zone (SEZ) in the Americas and is modelled on similar SEZs in Dubai and other locations...

Cayman Enterprise City 2015-05-12 02:35:53
Cayman Luxury Property Group
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Cayman Luxury Property Group

News out of the US is that Hurricane Irene dealt a wicked blow to property owners along the entire length of the eastern coast. After wading out of the floods, crawling out from under the downed trees, and waiting for power to return, homeowners found more bad news – their insurance coverage wasn’t adequate. It is true that structures in the Caribbean...

Storm damage and insurance 2015-05-12 02:39:43
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Cayman Luxury Property Group
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