March 12, 2020
Seven Mile Beach condos This time of year is always a good time to compare statistics, in order to give a feel of where the market is heading for the year ahead and beyond. I have concentrated my study in the condo and homes around the US$1.5 to US$3 million market. Looking at the statistics […]
January 16, 2020
Following on from the Central Planning Authority’s approval for the first application for an aerial subdivision earlier this year, I believe it is timely to look at the issue of volumetrics in some detail.
October 18, 2019
Short-term rentals at Cayman Islands A cursory glance at a new market whereby owners can supplement their income with one of the most popular short-term rental websites (Airbnb.com), is showing more than 300 places in the Cayman Islands that can be rented by a couple in December of this year, ranging in price from little […]
October 3, 2019
It is no surprise to anyone that the real estate market in the Cayman Islands has been booming now for several years. Prices continue to rise in nearly all market sectors from condos on Seven Mile Beach to interior land parcels to single-family homes. This even includes industrial and other types of property. Inventory continues […]
September 10, 2019
Further to my article published in July on the pros and cons of the prospect of an iconic tower to be built on Grand Cayman, I felt the need to write a follow-up article because so many of you took the trouble to write to me on the subject, reaching out via letter, Facebook, via […]
June 7, 2019
By the end of this year the Government will close the loophole in the law that allows buyers to only pay Stamp Duty on the cost of the land on which their property will be built, should construction not yet have started and not again later on once the property has been completed (the so-called two-contract transaction).