August 26, 2021
In my July 16th article I outlined the Cayman Islands reopening plan. As we are less than two weeks away from Phase 3 of the reopening plan, I thought I would revisit the opening phases, share flight information, and most importantly share my thoughts on the impact our reopening will have on the Cayman Islands […]
August 12, 2021
Since the publication of my recent article, Cayman Islands reopening plan announced, I have received several emails and calls from clients and customers stressing additional impacts property owners are facing particularly with respect to investment properties. In fact, one client who owns property in The Cayman Islands is at his breaking point and approached me […]
July 1, 2021
It will be no surprise to anyone that the real estate market in the Cayman Islands and throughout much of the globe is booming. From the impact of new construction and the related costs for development which I spoke about last week to a record-setting price for a single-family home in the Cayman Islands, the […]
June 24, 2021
As I’ve mentioned in several articles, housing prices are continuing to increase in the Cayman Islands, as well as in much of the world due to several reasons. In addition to the many factors I’ve previously touched on including the work-from-home movement, a desire to live outside of major metropolitan markets, and many homeowners re-evaluating […]
June 8, 2021
Source: Cayman Compass Cayman’s real estate market is booming. Despite the pandemic, market activity last year was only slightly below that of 2019. This year, real estate sales are “off to the races”, said RE/MAX broker/owner James Bovell. Property transfers during the first four months of 2021 have significantly exceeded the same periods in previous […]
June 8, 2021
Source: Caymanian Times Cayman’s continued closure of its borders could detrimentally affect its real estate prices as possible purchasers turn to competitor jurisdictions for investment, a roomful of property professionals heard last week at the 2021 RICS Cayman Chapter Real Estate Forum. The Forum, organised by the Royal Institute of Chartered Surveyors (RICS), was supposed […]
May 27, 2021
Cayman kindness Besides our tropical climate and stunning beaches, I’m often asked what makes Cayman so special and the answer is simple – the people. The people of any community or country can make or break its success and in Cayman’s case I’d have to say that it’s the people who make it so great. […]
April 29, 2021
In previous articles I have made mention to a variety of attributes that make Cayman so appealing as a place to live either full or part time. From its safety to its pristine clear seas to the education and healthcare systems to its strong government and more, the Cayman Islands are a very special, first-class, […]
April 15, 2021
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 year is continuing to boom. I thought I’d take this opportunity to provide a Q1 2021 Cayman Islands real estate market report as well as […]
April 1, 2021
In this week’s article, I wanted to share with you the recent awards the Bovell Team at RE/MAX Cayman Islands was recognized with along with taking a look at the “new normal” and how this is impacting real estate in the Cayman Islands. The Bovell Team at RE/MAX Cayman Islands was recently awarded the #2 […]