News Archives - Page 19 of 38 - Bovell REMAX Cayman Islands

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.

May 12, 2016

Minister Kirkconnell sets ground rules for cruise dock

We support it as what it is, a berth for a cruise ship, Mr. Kirkconnell, who is also the deputy premier for the Progressives party government, said Tuesday. We dont support upland development; we support the rebuilding and rebranding of George Town itself as a cultural centre for this country and we believe that the cruise pier will only add to that because of the numbers it will bring.

May 12, 2016

Film festival gets two thumbs up

Attendees of the inaugural CayFilm International Film Festival praised the event which left many celebrity guests and attendees eager for next years encore.

May 12, 2016

Kimpton names new hotel ‘Seafire’

The Kimpton group plans to name its 10-story Grand Cayman hotel the Seafire Resort and Spa, Seven Mile Beach. The name was inspired by the fiery sunsets over Seven Mile Beach, according to Kimpton CEO Mike DeFrino. Officials from the San Francisco-based hotel chain were in Grand Cayman on Wednesday to launch the brand of the new hotel, owned and built by the Dart group.

May 12, 2016

Tourism looks for big 2016 spend, but sees security concerns

The general mood of tourism is upbeat, and the statistics support it: Arrivals are rising, construction is proceeding, employment is set to expand, and while economic recovery feels wobbly, optimism is guarded and hope springs.

May 12, 2016

Value for Money

Buying a property in Cayman offers better value for money than in many other tropical paradise. And prospective purchasers are advised to buy now while places are still available and before prices go up.

May 12, 2016

June Market Update

Executive Homes under US$1million

May 12, 2016

Cayman Airways adds flight to La Ceiba

Cayman Airways is increasing the number of flights this summer to La Ceiba, Honduras. The airline will fly three times a week from Grand Cayman to La Ceiba. Citing increased demand for summer travel between the two locations, Cayman Airways has added a Wednesday flight to its July and August schedules.

May 12, 2016

Cayman’s economy holds strong in the Caribbean

The Caribbean is gradually recovering from the economic downturn of the past few years, principally because the regions tourism market, the greatest source of income to many Caribbean countries, lies in the main, in North America.