May 12, 2016
Brac developments in the works
Expansions to two hotels and a new government-funded swimming pool are in the works for Cayman Brac.
Insights & Expertise
May 12, 2016
New-look airport taking shape
Work on the long-awaited expansion of the Owen Roberts International Airport is beginning to take shape. The foundations are in place and the steel structure of the new baggage hold room is going up. Thats just phase one of a four-phase project that is expected to take three years to complete.
May 12, 2016
Planning board to consider Seven Mile Beach hotel projects
As published in the Caymanian Compass l THURSDAY 27 DECEMBER 2012 The Central Planning Authority had a healthy amount on its plate 19 December during its final scheduled meeting of the year. The applications up for consideration by the board included several proposals by the
May 12, 2016
September 2015 Market Update
A recently published Caribbean Market Update, produced by Caribbean-based Integra Realty Resources, has offered good news for the Caribbean economy, noting a general improvement in tourism for the region, as well as a gradual improvement in real estate sales and an increase in foreign investment into our area.
May 12, 2016
Resurgence in Little Cayman turtle nesting
A record number of turtle nests have been recorded in Little Cayman this year.
May 12, 2016
Grand opening for Brac resort
The newly named Cayman Brac Beach Resort opened Friday with a new bar and sprawling lagoon-style swimming pool at the oceans edge. The hotel and dive resort, described as the backbone of the islands tourism industry, was closed for four months while extensive renovations took place.
May 12, 2016
Cayman real estate a smart addition to an investment portfolio
Investing in Cayman Islands Real Estate makes sound financial sense. Cayman has a competitive advantage over other off-shore jurisdictions, from real estate variety to advanced communications and amenities.
May 12, 2016
Airport upgrade to break ground this week
Construction of the new terminal building at Grand Caymans Owen Roberts International Airport is scheduled to break ground Thursday and will begin in earnest next week, government leaders announced Monday.
May 12, 2016
October 2015 Market Update
A few years ago the MLS (Multiple Listing System/Cayman Islands Real Estate Brokers Association-CIREBA) members listed the total number of inventory (properties and land) for sale at around 2,200. Today, as at the time of writing (end of September) that figure has decreased dramatically to 1,572. This drop of approximately 30 per cent alone is a huge indicator of how the market has changed in recent years. We have gone from a high amount of inventory to a considerable drop, which will in turn drive up prices further, I believe, as there will be less choice for buyers, inevitably resulting in a sellers market.
May 12, 2016
New courthouse closer to reality
Chief Justice Anthony Smellie announced on Wednesday the specific steps that have been taken to make a new courthouse a reality. He was speaking at the formal opening of Grand Court for 2016 after a ceremonial inspection of a police guard of honor outdoors.