News Archives - Page 32 of 38 - Bovell REMAX Cayman Islands

November 17, 2015

November 2015 Market Update

Since the development of Caymans cruise port is such a hot button right now I thought I should focus my discussions this month on the very important subject of infrastructure and how it relates to the real estate industry. We should closely examine the purpose for building a cruise port. While I can appreciate the needs of business owners, being one myself, I think its important to be objective in this regard, and in particular, we should try and take in the wants and desires of others.

September 9, 2015

New CAL plane for Brac flights arrives

Cayman Airways took possession of a new Saab 340 aircraft in August that will service the route between Grand Cayman and Cayman Brac.

September 7, 2015

Agreement allows for new special economic zones

Government has renegotiated its definitive agreement with Cayman Enterprise City, paving the way for new technology-based activities in the special economic zone and projects such as Tech City, a proposed IT park associated with the developers of Health City Cayman Islands.

July 16, 2015

Sales of existing homes increase to highest since 2009

Previously owned homes sold in May at the fastest pace since November 2009, driven by first-time buyers and indicating budding momentum in the residential real estate market.

May 5, 2015

Tourism arrivals break new records

Cayman needs more hotel beds to accommodate the growing number of tourists flocking to these shores, according to tourism chiefs. After record arrivals in 2014, the first quarter of 2015 has seen a further 5.7 percent increase in stay-over tourism.

May 1, 2015

April 2015 Market Update

Cayman meets investors needs on Seven Mile Beach We have seen a marked upswing on inward investment into the Cayman Islands in recent months, no doubt in response to the gains made in the US financial markets of late. Whats really exciting from my perspective

April 28, 2015

Frustration on roads as traffic congestion increases

More than 2,000 additional vehicles were on Caymans roads in 2014, fueling rising traffic congestion in and around George Town. According to the Department of Vehicle and Drivers Licensing, 35,885 vehicles were licensed in 2014, compared to 33,649 in 2013.

April 10, 2015

Rich are target of immigration changes

Wealthy individuals who own property and want to live in the Cayman Islands or spend more time here without working will be the focus of the next round of legislative changes to the immigration law, the premier has said. The bulk of the changes impacting work permits will be dealt with via changes in the process and regulations, he explained, rather than in policy or legal amendments.

February 23, 2015

New airline aims to fly direct to airports throughout region

BlueSky schedule seeks to open up Central and South America

February 23, 2015

Ironwood: Road project to create 200 jobs

Developer says it is close to deal with government