Bovell REMAX Cayman Islands

Insights & Expertise

A look at canal front living at the Cayman homes & lots

September 16, 2016

A look at canal front living

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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September 5, 2016

Cayman’s economy grew 2.4% in Q1

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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PR fiasco could harm real estate environment

July 29, 2016

PR fiasco could harm real estate environment

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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May 12, 2016

2013 Awards Night: Shining a Spotlight on the Stars

INCREDIBLE ACCOMPLISHMENT: Kim Lund celebrates with RE/MAX CEO Margaret Kelly after receiving the prestigious Luminary of Distinction award.RE/MAX paid tribute to its top producers and other honorees at the 2013 Best of RE/MAX Awards Night on February 27. At the MGM Grand Hotel & Casino,

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May 12, 2016

Camana Bay roadwork approved

Major changes to the road network around Camana Bay, including moving a section of the highway and building a new underpass, have been approved by the Central Planning Authority.

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May 12, 2016

Expansion plans ahead for Health City

Health City Cayman Islands will invest $25 million in infrastructure in 2016, and as much as another $100 million in 2017 and 2018, all drawn from private sources. The investments will come from Health City and Health City Development, expanding hospital facilities and launching a series of commercial enterprises, including staff housing, a shopping plaza, design work on a 185-room hotel and a marketing plan for a medical school.

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May 12, 2016

New strata bill out for comment

New Strata Bill for Cayman Islands the new bill allows strata schemes to acquire land to be used as common property or for such other purpose of the corporation as may be determined by special resolution .

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