June 1, 2020
With many people in Cayman now contemplating whether it is worthwhile withdrawing money from their pension under new Government rules permitting people to do so, I thought it would be worthwhile exploring whether this would be a good idea or not, from the perspective of the real estate industry. Withdrawing pension funds, which are supposed […]
May 1, 2020
COVID-19 has changed everyone’s lives and we are all learning how to live in an ever-changing world that has affected each and every one of us, but one thing is for sure, more than ever, that we are “In This Together”. Launching “In this Together” Campaign At the end of March, RE/MAX Cayman Islands launched […]
April 23, 2020
[vc_row][vc_column css=”.vc_custom_1588360992359{padding-right: 0px !important;padding-left: 0px !important;}”][vc_column_text]We understand living in a healthy and safe community is important to all of the clients and customers that The Bovell Team at RE/MAX Cayman Islands serves. With the developments of the COVID-19 virus raising levels of concern right across the country the past few weeks, it’s important that we […]
March 17, 2020
[vc_row][vc_column][vc_column_text]RE/MAX Cayman Islands is proud to announce it received 8 of the highest-ranking Global awards at this year’s R4 convention, which was held in Las Vegas from February 24-27. R4 is RE/MAX corporate’s annual worldwide convention that attracted over 6,000 attendees this year from all over 100 countries. “At RE/MAX Cayman Islands, we continue to […]
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.
December 13, 2019
The Cayman Islands Government recently revealed its Budget for 2020 and 2021 and confirmed what we have been discussing for some time now – our real estate industry’s worth to the entire economy and the fact that, while our industry is so strong, our worth has been increasing. Government’s Operating Revenues are forecasted to be […]
November 20, 2019
A topic point recently came up in one of our regular agents’ meetings that I thought worthy of discussing further. Is the value of a Cayman Islands property only in its rental value? Is Cayman real estate really just a vehicle in which investors can park their money and generate income? I believe the answer […]
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 […]