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

August Market Update

Grand Cayman real estate sales for January to June 2014 increase 36 percent versus the same period in 2013. James Bovell recommends sale of government land to boost sales.

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May 12, 2016

Treasure Island to become Margaritaville Resort

The run-down Treasure Island hotel will be transformed into a Margaritaville resort following the purchase of the property by Miami-based Howard Hospitality Group. The sale went through on Friday after months of negotiations, real estate agent Kim Lund confirmed. Re/Max will start selling 110 condominium suites at the new hotel later this month.

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May 12, 2016

May 2016 Market Update

Cayman Islands real estate is highly prized because of the general high quality clientele that we attract and the fact that we have a financial services industry that is so sophisticated and robust that it is the main pillar of our economy.

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May 12, 2016

Market Update June 2012

Statistical update, RE/MAX Cayman Islands wins awards at International Conference, Shetty Hospital moves ahead, Cayman Island tourism still strong

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