Bovell REMAX Cayman Islands

Insights & Expertise

May 27, 2025

New Government, Tariffs and the Waiting Game

The Cayman Islands welcomed in a new government this month set amongst a growing global economic uncertainty, as well as key challenges at home. I thought I’d take the opportunity to discuss some of these challenges our new government faces with respect to the Cayman Islands real estate market as well as explore the impact […]

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July 12, 2024

First Half of 2024 Real Estate Market Review

As we move into the 2nd half of 2024, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market for the first half of 2024 with respect to volume, transactions, inventory, and overall pricing as well as provide some insight as to where I believe our market will […]

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February 21, 2024

2023 Tourism Recap & Impact on Real Estate

As we enjoy a bit of a slow down after the holiday season and before the annual surge at Spring break, I thought I’d take this opportunity to share some recent tourism statistics released by the Department of Tourism, as well as some updates on new hotel openings and how this impacts the Cayman Islands […]

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February 7, 2024

New Pension Withdrawals for Mortgages, Home Purchase or Construction

Effective December 9, 2023, the Cayman Islands government updated the National Pensions Act which increased withdrawal limits from private pension funds for mortgages, home purchases or construction. I thought I’d take this opportunity to outline these changes, as well as specify who can benefit from this new law. How can funds be used? The withdrawal […]

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January 11, 2024

2023 Real Estate Market Review

As we welcome in a new year, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market for 2023 with respect to volume, transactions, inventory, and overall pricing as well as provide some insight as to where I believe our market will be heading into the new year. […]

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December 15, 2023

Buy at Lakeside for 10% to 15% Under Market Value

Your read that right we have for sale (or should I say had) 73 units at Lakeside on the Esterly Tibbetts Highway between Camana Bay and the Butterfield roundabout for sale at between 10% and 15% under market value. In just two days we have 20% of those units under contract! Christmas special, owner says […]

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December 12, 2023

Luxury Real Estate in West Bay in Grand Cayman

When it comes to finding the perfect luxury real estate destination, the neighborhood of West Bay on the Grand Cayman Island checks all the boxes of one. Just a short drive from the lively capital of George Town and the famous Seven Mile Beach, West Bay offers the perfect balance of tranquility and convenience. Investing […]

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November 23, 2023

High season, tourism, and real estate

As we welcome back thousands of visitors to our islands this U.S. Thanksgiving long weekend, I thought I’d take this opportunity to discuss the importance of high season and how if effects the Cayman Islands real estate market as well as explore some recent tourism statistics and showcase the number of flights heading to our […]

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House Garden in South Sound

November 20, 2023

Luxury real estate in South Sound, Grand Cayman

If living in luxury in a tropical setting is your ultimate dream, then start making this a reality in the exotic and awe-inspiring Cayman Islands, particularly on the island where all the action is – Grand Cayman. As the largest of three main islands, Grand Cayman has the greatest number of districts, each with its […]

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