Cayman Islands Real Estate News

Cayman's strong tourism product highlighted in IRR report

08 February 2017

For this month’s update I thought it would be useful to concentrate on analysing some of the findings from the IRR Viewpoint Caribbean Market Update Year End 2016 Report

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Still opportunities to be had in a seller's market

04 January 2017

Happy New Year! I would like to begin my updates this year with an over-arching look at the current state of Cayman’s real estate market.

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Why buy a condo on Seven Mile Beach?

07 December 2016

Put simply, buying a condo on Seven Mile Beach is a great investment! But I would like to delve a little deeper as to why buying property along this highly sought-after stretch of real estate is a smart move.

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New brands equal new life for Cayman’s real estate industry

27 October 2016

Whether it’s the four-star Kimpton, the four-star Margaritaville or possibly even the five-star Four Seasons brand, new brands launching in the Cayman Islands entering our marketplace are all very good news for Cayman’s real estate industry.

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Population growth means growth for our islands

07 October 2016

The Economics & Statistics Office (ESO) provides a wealth of information on the Cayman Islands and recently issued some new reports that are worth discussing, in particular within the context of the real estate industry.

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A look at canal front living

16 September 2016

This month I thought I would focus on a particularly interesting sector of the market, that of canal front or canal view homes and lots. While it has been a challenge to pull useful data, according to statistics from the Cayman Islands Real Estate Brokers Association (CIREBA), there were 21 canal front/view lots sold from 1st January to 29 August 2015.

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Cayman's economy grew 2.4% in Q1

05 September 2016

Led by construction, real estate and financial services, Cayman’s economy grew in the first quarter of this year, according to a report released recently by the government Economics and Statistics Office.

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Stick with One Agent When Buying

05 August 2016

There are many things to consider when looking for a Real Estate Agent but the most important advertisement any person should rely on is positive word of mouth Make sure you ask your friends and colleagues about their experiences when buying or selling as this will give you a great benchmark of service

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PR fiasco could harm real estate environment

29 July 2016

We have some important topics to deal with in this country in the coming months, and if we don’t approach them correctly, I fear that Cayman might be heading towards a dangerous environment, and when it comes, the real estate industry, which has shown pleasing growth over the past two and a half years, may falter as a result.

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Value for Money

12 May 2016

Buying a property in Cayman offers better value for money than in many other tropical paradise. And prospective purchasers are advised to buy now while places are still available and before prices go up.

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James Bovell

James Bovell

Broker/Owner

+1 345 945 4000

james.bovell@bovell.ky