February 25, 2021
Over recent months, the Cayman Islands has seen interesting times with an unprecedented interest in luxury real estate, and this has often been credited to the fact that international real estate investors, predominantly from the United States and Canada, have seen the Cayman Islands as a safe and secure place in which to buy a […]
February 11, 2021
In the Cayman Islands we have had strict quarantine rules in place for incoming travellers since the pandemic first hit in March 2020. From September 2020 people could elect to quarantine at a location of their choice other than the Government-run hotel locations, provided that the premises had been cleared for quarantine use by the […]
January 28, 2021
Looking ahead, even with the lower inventory we are seeing in the marketplace especially along Seven Mile Beach, I anticipate the real estate market especially with luxury properties in the Cayman Islands will continue to boom not only this year but for years to come. Already in 2021, many new developments have or will be […]
January 14, 2021
The real estate industry in the Cayman Islands had a record-shattering year in 2020, but we were not alone. Like Cayman, real estate across much of the globe, particularly in the US and Canada, saw increases in both sales volume as well as overall prices. Additionally, homes are also selling much faster too. With respect […]
December 17, 2020
Presented exclusively by the Bovell Team, I am pleased to announce Aqua Bay, the newest Seven Mile Beach real estate opportunity from Butler Group, Grand Cayman’s premier builder of luxury resort condominiums. I am very excited to be collaborating with both Butler Group and the current owners of Aqua Bay Club who have given me […]
November 26, 2020
The Cayman Islands have always been a popular destination for real estate investment and the Cayman real estate market is thriving. Historically, we have many new residents and investors who are retired or semi-retired looking for a safe, secure and warm place to relocate. Due to our close proximity to the US, as well as […]
November 12, 2020
At the time of writing, it appears that there will be a transition from the Republican to the Democratic party in the US and even during this early transition, the Cayman Islands real estate industry is already seeing a positive impact. Historically, any transition of power in the US has positively affected the Cayman Islands […]
October 29, 2020
The recent news that the Cayman Islands have been taken off the European Union’s blacklist of uncooperative countries with regard to tax matters might not be immediately noted as significant for the real estate industry, however the truth is that Cayman’s financial services industry is the most significant driver of Cayman’s economy, underpinning jobs and […]
October 15, 2020
The impact of Covid-19 has been felt right across the world when it comes to the detrimental effects it has had on a country’s economy and the Cayman Islands is no exception, with our tourism industry coming to a grinding halt as we shut our borders in a bid to prevent the spread of the […]
September 30, 2020
I don’t believe that we have ever seen as many cranes along the Seven Mile Beach corridor as we have currently, and those numbers are only set to increase by the end of this year. Such large construction equipment is a telling and obvious sign of the huge number of developments currently taking shape along […]