January 5, 2026
Stamp Duty Changes Effective January 1, 2026
Effective January 1 2026, the Cayman Islands Government introduced new Stamp Duty rates on the sale of land and property over CI$2 million. Key changes: These rates apply…
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December 22, 2025
New Grant Scheme to Support First-Time Caymanian Homebuyers
The Cayman Islands Real Estate Brokers Association (CIREBA), in collaboration with The Premier, is advancing a proposal aimed at helping Caymanians achieve homeownership. The initiative will provide grants of up to CI$5,000 to eligible first-time buyers. According to a Government press release issued on 16 December 2025, the grant is designed to assist with closing […]
December 18, 2025
James Bovell Elected as CIREBA Director & Vice President
The Cayman Islands Real Estate Brokers Association (CIREBA) has announced its newly elected Board of Directors for 2025–2026. Among the distinguished members is James Bovell, who will serve as Director and Vice President. Joining the CIREBA Board represents a commitment to uphold the association’s core values of integrity, professionalism, and consistency in real estate practices. […]
December 10, 2025
Bovell Unveils Refreshed Branding for a Digital Future
As we look ahead to 2026, The Bovell Team is stepping into the new year with a refreshed brand identity. Building on the momentum of the REMAX refreshed branding launched in 2025, which emphasized a digital-first approach, Bovell is embracing the same vision: to lead in delivering exceptional digital experiences in today’s evolving real estate […]
August 8, 2025
Q2 2025 Real Estate Market Update
As we just wrapped up the 2nd quarter of the year, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market for Q2 2025 with respect to volume, transactions, inventory, and overall pricing as well as provide some insight as to where I believe our market will be […]
April 10, 2025
Q1 2025 Real Estate Market Update
As we move into the 2nd quarter of the year, I thought I’d take this opportunity to provide a recap of the Cayman Islands real estate market for Q1 2025 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 […]
January 16, 2025
2024 Real Estate Market Review – US $1B in Sales
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 2024 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. […]
December 12, 2024
Aqua Bay Receives Planning Approval
After almost two years since the redevelopment was announced, Aqua Bay has received official planning approval for the $60 million, 10-storey development on the 35-year-old site. Presented exclusively by the Bovell Team, Aqua Bay is the newest Seven Mile Beach real estate opportunity from Butler Group, Grand Cayman’s premier builder of luxury resort condominiums. Aqua […]
November 27, 2024
Cayman’s Golden Egg: Beach Erosion on Seven Mile Beach and the Impact on Real Estate, Tourism and Government Revenue – Part 2
The erosion of Seven Mile Beach will affect each and every single person living in the Cayman Islands. It is not just a tourism issue. It is not just a wealthy landowner issue. It is an everyone issue. Whether directly or indirectly we are all impacted by the quality of Seven Mile Beach. It is […]
November 21, 2024
All Talk and No Action: Beach Erosion on Seven Mile Beach and the Impact on Real Estate, Tourism and Government Revenue – Part 1
Back in October 2022 I wrote an article entitled “The impact of the coastal erosion of Seven Mile Beach and potential solutions”. As a year has gone by and no official plan from the government has been announced I thought it was important to revisit this subject. I started writing this article several months ago […]