Upscale residential areas outside Seven Mile Beach include the South Sound, a posh area close to schools, and George Town. Browse our vast selection of properties for sale in the Cayman Islands and buy the one that matches your needs at the best price. Great elevation and beach pockets. Cayman Islands Real Estate. Grand Cayman Real Estate $304,000 Grand Cayman, Cayman Islands 0.43 acre seafront lot for sale in Grand Cayman located in the sought after community of Sunrise Landing in Savannah, Grand Cayman. The country is the world´s sixth largest banking center. Cayman Islands Real-Estate Brokers Association members are all on the Multi-List System – which means you only need to work with one agent in the Association to get information on any listing. Sale Seven Mile Beach. Prices range from US$600,000 to US$1.6 million. 43% fewer single-family homes were sold in 2020 vs 2019 with the average price being 5% less than last year. Get details of properties and view photos. The maximum loan-to-value (LTV) ratio is 70% of the property´s appraised value, with a maximum term of around 10 to 15 years. We have Cayman property listings to suit your needs including Luxury Homes, Family Homes, Seven Mile Beach Condos and Land For Development. Menu (345) 623-4411; HOME; ABOUT RICK ... Cayman Islands Real Estate Listings. The Narayana Cayman University Medical Center, a 500-acre, 2,000-bed medical school and hospital complex opened its first phase, a 200-bed hospital, in August 2012, attracting medical tourists from America, from South and Latin America and the Caribbean. The most popular property types are House (51) and Apartment (18). Fresh deals, property inspo, market know-how and behind-the-scenes real estate action! Articles, news, and info about Cayman’s ever-changing property market. The Terraces, located in the Camana Bay, also offers 63 apartments for long-term rental, with monthly rents starting from KYD2,100 (US$2,500) for a one-bedroom unit. eval(ez_write_tag([[580,400],'globalpropertyguide_com-large-leaderboard-2','ezslot_12',166,'0','0'])); The rental market is tight, especially near Seven Mile Beach in Grand Cayman, the islands´ most expensive area according to Capital Realty. Grand Cayman Islands Real Estate Listings - Amazing Beaches, Houses & Properties For instance in 2011, Dart Group made significant acquisitions representing about 28% of the total value of all property transfers. Grand Cayman: (345) 945-4411 | Cayman Brac: (345) 325-3601 | Little Cayman: (345) 948-1083 | info@cirealty.ky How expensive are houses in Cayman Island, compared to the rest of Caribbean? Cayman Islands rentals, condo rentals, apartment rentals, home rentals, and vacational rentals. ... Provenance Properties of Cayman Ltd. T/A Provenance Properties Cayman Islands takes your privacy very seriously and will only use your personal information to respond to your inquiry. RE/MAX Cayman Islands Seven Mile Shops, West Bay Road Grand Cayman, Cayman Islands P.O. Although inventory is slim and sales move fast, there are still a variety of homes available in the Cayman Islands at different price-points, ranging from a 2-bedroom cottage in Cayman Brac for US$162,000 to a waterfront palace in Grand Cayman for US$39,950,000 (October 2020)! A two and three-bedroom condominium unit on Seven Mile Beach rents for about KDY2,100 (US$2,500) to KDY4,600 (US$5,500) per month. Canal-front homes are now under construction along the Seven Mile Beach corridor stretching up to West Bay, primarily on land south of the Ritz-Carlton, Grand Cayman, and land to the north of the Yacht Club and land at Camana Bay. Cayman Real Estate For Sale Updated and Current Real Estate MLS Listings for Sale. 6 new developments in the Cayman Islands Show new developments only CI$ 884,780 - CI$ 884,780 Indigo bay A centrally located pre-construction development, perfectly suited for families You can expect that your comment will be published within 24 hours. propertycayman. How much rent can be earned from Cayman Island's property, compared to the rest of Caribbean? Beachfront residences range from just under US$500,000 … In Q1 2019, nationwide inflation rate stood at 4.5%, up from 1.7% in the previous quarter and 3.2% a year ago, according to ESO.eval(ez_write_tag([[250,250],'globalpropertyguide_com-large-mobile-banner-1','ezslot_10',145,'0','0'])); Unemployment was 2.8% in 2018, sharply down from 4.9% in 2017 and the lowest level since 2006. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. Search Cayman Islands Property for Sale. Sale West Bay. The highest value property sales recorded in 2018 include: However from January to September 2019, total freehold property transfers fell by 8.3% at 1,447 units, compared to the same period last year, according to Cayman Islands’ Lands and Survey Department. !  220" @ seawall/canal ready for any size dock PLUS over 200' of sandy beach North Sound, Lower Valley, Block: 32D, Parcel: 126, Area: 50, Lower Valley, Grand Cayman, This large .34 acre parcel is available, for now, but not for long, as property in this developing area has been in high demand. In 2018, about 47% of households in Cayman Islands rented their dwellings, up from 41.5% seven years ago, according to the Economics and Statistics Office. The introduction of medical tourism has attracted tourists in the past several years. Homes For Sale in Cayman Islands | CENTURY 21 Global. Property Type. Learn what returns you are likely to earn, and where are the best opportunities. Apartment complexes on Seven Mile Beach offering long-term rentals include George Town Villas, The Grandview, Sunset Cove, Seagull Condominiums, Laguna del Mar, Lacovia, The Sovereign and The Pinnacle. Mortgage interest rates in the Cayman Islands are typically tied to the prime rate set by the Cayman Islands Monetary Authority (CIMA), which follows the US Fed funds rate, but are one or two percentage points above the current prime rate. ft.). Business. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s). The real estate market. The Cayman Islands offers a wide array of properties at a variety of price points from amenity-rich beachfront condominiums on Seven Mile Beach to elite, secluded Caribbean Estates. Search for Cayman Islands luxury homes with the Sotheby’s International Realty network, your premier resource for Cayman Islands homes. “The market has recovered from the downturn of 2010 and is now way beyond the previous peak.”. All Rights Reserved. Box 10271 Grand Cayman, KY1-1003 The Cayman Islands dollar (CI$) is pegged to the US dollar at CI$1 = US$1.20. 2 Bedrooms 2 Full Baths 1,200 Sq. “It is reaffirming to hear first-hand the positive impact our stayover strategy is having on stimulating tourism businesses’ profit margin during what we consider traditional shoulder season,” said Minister of Tourism, the Hon Moses Kirkconnell. In Q2 2015, residential property prices in the Cayman Islands range from KYD287,000 (US$350,000) to KYD9.84 million (US$12 million), based on figures from CIREBA, the largest property portal in Cayman Islands. In addition, several new hotels are being built, ranging from Mandarin Oriental’s second Caribbean hotel to a new Grand Hyatt-branded residential resort and a Hilton project. In fact, the Caymans contribute around 67% of the GDP in the financial industry making it lucrative for home investors. As the most recognised brand in real estate globally for the past two decades, CENTURY 21 Cayman Islands defies mediocrity to consistently deliver extraordinary experiences. ... Banks usually ask for deposits of between 10%–35% as a contribution towards the purchase price or construction cost. Login or Register to submit a comment! There are at least 20 canal residential subdivisions in Grand Cayman, half along the Seven Mile Beach and West Bay, and the other from Prospect to North Sound Estates and the Cays in Rum Point. In order to promote open and spam-free conversations, In 2018, the average foreclosure rate dropped to 1.6%, from 2.1% a year ago. In other areas, prices are lower, ranging from KYD100,000 (US$122,000) to KYD2 million (US$2.44 million) over the same period. Economic growth averaged 2.4% from 2012 to 2017. Only 19 listings are available in Little Cayman. A quick summary of global real estate trends. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 943 ㎡ in size. The economy finally recovered in 2011, with a real GDP growth rate of 1.2%. A two and three-bedroom condominium unit on Seven Mile Beach rents for about KDY2,100 (US$2,500) to … In the Old Crewe Road, monthly rent of two-bedroom apartments in the Sunrise Apartments, Pine Crest Apartments and Elizabeth Villas starts from KYD1,400 (US$1,700), though some newer, more exclusive condominiums rent from KYD2,000 (US$2,400) to KYD2,500 (US$3,000) per month. easyCayman listings represents members of the local private MLS system ( CIREBA ), non CIREBA realtors and individuals who wants to sell/rent their properties independently. Cayman Islands recently topped 7,000 total accommodation units. Prices continue to rise in nearly all market sectors, from condos on Seven Mile Beach to interior land parcels to single-family homes. The value of permits for houses in Grand Cayman fell by 13.3% y-o-y to KYD93.5 million (US$112.27 million) in 2018 from a year earlier. There are no restrictions on foreign ownership of property in the islands. Engel Volkers Cayman Islands are apart of CIREBA and the MLS system. Get monthly informed analysis on world property markets and exclusive, early access to investment opportunities delivered right to your inbox. Access, Little Cayman West, Block: 80A, Parcel: 1I, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .41acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman East, Block: 92A, Parcel: 249, Area: 90, Little Cayman East, Little Cayman, Awesome 2 acre land parcel located on North Coast East Road in Little Cayman right across from the ocean and just past Point of Sand which is the best beach in, Little Cayman West, Block: 80A, Parcel: 1M, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .30acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman East, Block: 92A, Parcel: 334, Area: 90, Little Cayman East, Little Cayman, Large (.3277 Acre) Lot Near to Famous, Exclusive Point of Sand Beach in Little Cayman.  Perched at the Top of a Long Slope Towards the Sea with Excellent Elevat, Little Cayman West, Block: 80A, Parcel: 1A, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .66acre Beach Front Parcel in the Heart of Bloody Bay.  Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman West, Block: 80A, Parcel: 1F, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .55acre Beach Front Parcel in the Heart of Bloody Bay.� Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman East, Block: 92A, Parcel: 47, Area: 90, Little Cayman East, Little Cayman, Sunrise Cottage is a Delightful, Immaculate 2 Bedroom / 2 Bathroom Vacation Home.  Designed in the "Keys" Style the Home's Foundation is Comprised of Large Rein, Little Cayman West, Block: 80A, Parcel: 1O, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .37acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1H, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .61acre Beach Front Parcel in the Heart of Bloody Bay.� Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman West, Block: 77A, Parcel: 36, Area: 95, Little Cayman West, Little Cayman, 800 feet \nof ocean front on this 15 acre parcel near to Salt Rocks Dock. The most popular property types are House (53) and Apartment (18). The bulk of the new development is focused in the Seven Mile Beach area, where numerous condominium projects have sprung from the ground, with some properties commanding prices as high as $1,300 per square foot. Brought to market by Dart Real Estate and NCB Group, ... Price list COMMUNITY. There is also a growing interest from Europeans and South Americans. Distant views of the sea from this inland \nparcel. The United States accounted for more than 84% of all stay-over arrivals in Cayman Islands during the period. The highest value of project approved last year was the Olea residential development by NCB Development at KYD 37.52 million (US$ 45.13 million). Global Property Guide moderates commetns on all articles. In 2018 property transfers on the open market were up 9% to 857, the highest level since 2005, according to Charterland, Ltd, with transaction values up 17.8% to KYD800 million (US$962.3 million). Get GPG fortnightly newsletters delivered to your inbox. Sort by. List your company on Global Property Guide. Did you know: Our Real Estate channel is the most watched in Cayman. The Cayman Islands Largest Real Estate Portal with CaymanPropertyMLS.com you can search the widest selection of properties for sale in the Cayman Islands through our network of member companies. Cayman Island's house prices, rents, and letting income - real data! It is scheduled for completion in 2021. This lot features plenty of pri, Bodden Town, Block: 43D, Parcel: 175E, Area: 50, Bodden Town, Grand Cayman, Perfect site for a luxury home with almost 150’ on water frontage. Buyers hire an attorney and notary, with fees ranging from 0.5 to 1 percent of the purchase price. easyCayman has real estate listings for thousands of homes for sale and rent across the Cayman Islands. The Cayman Islands is one of the most affluent countries in the Caribbean. The rental market is tight, especially near Seven Mile Beach in Grand Cayman, the islands´ most expensive area according to Capital Realty. Choose the appropriate Cayman property and contact your CIREBA realtor for more details. The total value of building permits for apartments in Grand Cayman dropped 4.3% y-o-y to KYD59.8 million (US$71.81 million) over the same period. 1 1 $265,000. Cayman Islands Real Estate - Homes for Sale: from $31,700 in Cayman Islands | Point2. The total value of permits for houses was down by 13.3% and by 4.3% for apartments and condominium units. Overview of the real estate prices in Little Cayman, Cayman Islands Searching homes for sale in Little Cayman, Cayman Islands has never been more convenient. @ 2004-2021 Global Property Guide. In recent years the mortgage market has shrunk to just 39.9% of GDP in 2018, from almost 60% of GDP in 2012, despite the continuous growth in the total value of outstanding property loans to households. From 2008 to 2010, the spillover effects of the global financial meltdown caused real GDP to fall by 7% in 2009 and another 2.7% in 2010. ... Price from. As part of a global network with over 100,000 agents working in 74 countries, we know what it takes to surpass your expectations and we do it every time. Watch Now. The Cayman Islands Largest Real Estate Portal. 4 4.5 $3,500,000. Browse Our Cayman Islands Real Estate Listings. For sale by Owners, Developers, International Agents, Real Estate Agencies, Law Firms, Accountants, Portals, Cayman Islands Real Estate Association Brokers, http://www.charterland.ky/wp-content/uploads/2019/03/CPR-charterland-2018-web-final.pdf, https://www.globalpropertyguide.com/Caribbean/Cayman-Is/Rental-Yields, https://www.caymancompass.com/2019/04/29/new-74-home-canalfront-development-planned/, https://www.caribjournal.com/2019/05/06/cayman-islands-record-tourism/, https://www.visitcaymanislands.com/Visitcaymanislands.com/media/Documents/2019-9Month-Snapshot.pdf, https://www.eso.ky/UserFiles/page_docums/files/uploads/the_cayman_islands_annual_economic_repor-2.pdf, https://www.eso.ky/UserFiles/right_page_docums/files/uploads/the_cayman_islands_compendium_of_statist-10.pdf, http://www.caymanlandinfo.ky/AboutUs/Statistics/2019Statistics/tabid/269/Default.aspx, https://www.caymancompass.com/2019/03/10/property-sales-hit-new-record-amid-real-estate-boom/, https://www.eturbonews.com/450283/cayman-islands-performance-indicates-sustained-tourism-growth/, https://www.caribjournal.com/2019/11/24/cayman-islands-tourism-flocking/, Property prices are rising strongly in Cayman Islands, Cayman Islands' housing market is gaining momentum. Growth is centered along Seven Mile Beach for condominiums, and Cayman Kai, on the island’s north, for single-family homes. Little Cayman West, Block: 80A, Parcel: 1N, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .34acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 77A, Parcel: 42, Area: 95, Little Cayman West, Little Cayman, 25 Acre Waterfront Parcel Covering 50% of the Western Edge of Little Cayman.� 1850 feet of Water Frontage Varying Between Sandy Beach and Flat Rock Ironshore.�, Little Cayman West, Block: 77A, Parcel: 16, Area: 95, Little Cayman West, Little Cayman, 17 acres of gentle slope from almost mid-spine of Island south to just \nshort of south coast road. However, Caymanians are offered longer periods of between 30 to 40 years. The absence of taxes and restrictions on foreign ownership of land makes investing in the Cayman Islands very attractive. Free advice on real estate including hot locations and … Likewise, approved applications fell by 15% to KYD 286.65 million (US$344.8 million) in 2018. The minimum loan amount is US$100,000. Unique site facing Southeast for perfect morning and eveni, Prospect, Block: 23C, Parcel: 60, Area: 40, Prospect, Grand Cayman, This amazing location is secluded as it sits on\na secondary road in the very quiet, smaller community of Prospect Point. Cayman Islands real estate is considered to be one of the safest investments available, and IRG will provide the advice needed to ensure that your Cayman property investment or relocation is as safe and successful as possible. Ft. Condominiums ID: DMCG5B. Receive informed analyses and property offers from the world's residential markets directly to your inbox. ... Price Upon Request. Search properties in Cayman islands like single family home, condos, apartments, vacant land, etc. �The site itself is situated right on. Skip to main content. At least 75% of homebuyers in Cayman Islands come from the United States and Canada. Contact. That´s because the Cayman Islands’ rental market is expanding as the population rises, and more companies have offices in the island´s special economic zone, Cayman Enterprise City. Properties for Sale. Our site is the ultimate place to discover property for sale in the Cayman Islands for buyers drawn to this “carefree corner of the Caribbean”. Follow the latest developments in the international property markets through the Global Property Guide newsletter. Currently, monthly rents range from KYD2,000 (US$2,400) to KYD9,000 (US$10,800). eval(ez_write_tag([[300,250],'globalpropertyguide_com-box-4','ezslot_6',124,'0','0'])); “This would indicate that the decrease in the number of sales is a result in a lack of inventory rather than diminishing demand,” noted Charterland, Ltd adding that prices in the Seven Mile Beach continue to soar. Recently, there has been increased interest in canal-front homes, both from home buyers and property developers, according to the Cayman Islands Real Estate Association Brokers (CIREBA). In Grand Cayman, residential building permits fell by 10% in 2018 from a year earlier, according to Cayman Islands Planning Department.eval(ez_write_tag([[300,250],'globalpropertyguide_com-medrectangle-4','ezslot_1',123,'0','0'])); Likewise, the value of approved developments in Cayman Islands declined by 5.8% y-o-y to KYD 752.3 million (US$ 903.4 million) in 2018. The most expensive housing is along Seven Mile Beach, a coral-sand beach on the western end of Grand Cayman island. Browse the Cayman Islands real estate property listings. Cayman Islands 2021 Printed Calendar ... Cayman Real Estate & InsideOut Magazine ... Five of the 12 categories that make up the consumer price index recorded lower prices. Tailor your overseas property investment strategy! During the past decade, the movement of the average value of property transfers has been erratic because large-scale acquisitions by property developers distorted the market. Compare countries on 4 financial dimensions, Contributing is easy and it works for you. Manage your subscription. Over the same period, cruise arrivals fell by 5.9% to 1,332,159 tourists. ft. single family dwelling located on a 1.4 acre beachfront site on South Sound: sold for KYD4.96 million (US$5.91 million). Sparing no expensive, the attenti, Savannah, Block: 27C, Parcel: 711, Area: 40, Savannah, Grand Cayman, Exceptionally large lot .84 acre offering over 440" waterfrontage!!!!!! Total visitor spending increased 8% y-o-y to US$ 700.9 million in the first three quarters of 2019. One Canal Point recently broke ground on a canalfront development site opposite Foster’s Food Fair, which includes 17 townhomes, 38 one-bed apartments, and 19 two-bed apartments. Real estate in the Cayman Islands where you can buy condos, waterfront property, seafront condos, development land parcels. Property prices can reach as high as KYD1,500 (US$1,800) per square foot (sq. Please keep in mind that the sale or purchase of real estate in the Cayman Islands constitutes as Relevant Financial Business for the purposes of Cayman's anti money laundering measures. Below you can find real estate from nearby areas in Cayman Islands: See all agents in Little Cayman, Cayman Islands. Commercial. Connect to real estate Agents in Cayman Islands on CENTURY 21 Global. If you deal with more than one CIREBA agent during the purchase, the sales price … We have 61 luxury homes for sale in Cayman Islands. However in the first nine months of 2019, freehold property transfers fell both in number and value by 8.3% and 11.4%, respectively, due to limited supply. Approved residential applications fell 15% to KYD 286.65 million (US$344.8 million). We will assist you throughout the process. Living at OLEA. Other areas in Cayman Islands popular with families and professionals include Jennifer Drive, Andrew Drive, Palm Heights Drive, Canal Point Drive, Parkway Drive and Whitehall Estates.eval(ez_write_tag([[250,250],'globalpropertyguide_com-leader-1','ezslot_9',128,'0','0'])); Tourism accounts for around 30% of the islands’ GDP. Located \nin the West End of Little Cayman where all the resorts, stores, \nrestaurant, Little Cayman West, Block: 78A, Parcel: 68, Area: 95, Little Cayman West, Little Cayman, This\nparcel is at the end of the runway, heading West with great road access, is\nvery convenient to everything, as well as being on the south side of the isla, Little Cayman West, Block: 80A, Parcel: 1J, Area: 95, Little Cayman West, Little Cayman, Little Cayman West, Block: 78A, Parcel: 7, Area: 95, Little Cayman West, Little Cayman, 156 Feet of Beautiful, Sandy Beach.� Located Near To Pirate's Point Resort Close to All the Amenities Little Cayman has to Offer Yet Feels Like You're On A Dese, Little Cayman West, Block: 80A, Parcel: 1L, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .31acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1K, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .35acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1G, Area: 95, Little Cayman West, Little Cayman, W Bay Bch North, Block: 17A, Parcel: 65, Area: 20, W Bay Bch North, Grand Cayman, This absolutely stunning Crystal Harbour Home was completely renovated at the end of 2018 by Michelle Butler at Design Studio. O: 623-9999 Member of CIREBA Contact Us Today Enter your login email address and instructions for resetting your password will be sent. If you’re wanting to invest in residential real estate or commercial real estate, Cayman Islands real estate has everything you need. Cayman Islands offer good rental yields, ranging from 5%-7% along the Seven Mile Beach to 7.5%-8.2% in other beach communities in Grand Cayman, based on Global Property Guide research. Tourist visits from the United States and Canada continue to increase. Seven Mile Beach is our most popular condo market in Cayman. "Cayman is a First World country in the Caribbean with a large international business community and well developed, diverse facilities including hospitals, schools, golf courses and hotels," says Charles Weston-Baker of Savills. Search . Choose which of CIREBA's dedicated property professionals can help you best. Already Subscribed? eval(ez_write_tag([[336,280],'globalpropertyguide_com-banner-1','ezslot_8',127,'0','0'])); Canal subdivisions can be divided into five levels, depending on price and quality. To attract more visitors, the government has been improving its infrastructure and flight access, opening a brand-new airport terminal in Grand Cayman. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,645,400 USD. In 2018, total visitor arrivals rose by 11% y-o-y to a record 2.38 million people, according to the Cayman Islands´ Department of Tourism. List. Residential construction is falling. Prices surged 33% in 2018. ERA Cayman Islands #4 Galleria Plaza, 628 West Bay Road P.O. Thanks to its twin pillars of development, tourism and international finance, this British overseas territory enjoyed average real GDP growth of 3.1% annually from 1998 to 2007. propertycayman. However, Cayman… Land prices continue to increase strongly in the Cayman Islands. 4.00 acres $175,000. To complete your registration, please click the verification link sent to: If you do not receive an email within 15 minutes, please check your spam folder or contact us for help. Seven Mile Beach condominium development site, measuring 2.88 acres: sold for KYD45.78 million (US$54.5 million), Holiday Inn Resort (former Grand Caymanian Hotel): sold for KYD15.6 million (US$18.6 million), Ritz-Carlton Residences: a residential property was sold for KYD8.15 million (US$9.7 million), Seare Residences: a residential property was sold for KYD5.83 million (US$6.94 million), A 10,400-sq. Cayman Property For Sale - HOUSE - BREAKERS - MIDLAND ACRES, Price: CI$369,000, , Here is a great opportunity to own your 3 bed 2 bath home in Midland Acres (Breakers) at a great price! 6 The Strand, Seven Mile Beach, Cayman Islands. However economic growth has been modest since then. 51 Total Results. Compare. Financial Overview: Property in Cayman Is. Box 30189, KY1-1201 +1 (345) 233-3000 Cayman real estate for public multiple listing services. After several challenging years, the Cayman Islands’ property market is growing again rapidly. They are more affordable then oceanfront properties, yet offer incredible views to home owners. “We are into unchartered territory in the property market,” said Simon Watson of Charterland. In Grand Cayman, residential building permits fell by 10% in 2018 from a year earlier. In 2018, about 47% of households in Cayman Islands rented their dwellings, up from 41.5% seven years ago, according to the Economics and Statistics Office. Price to. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 919 ㎡ in size. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. More exposure and leads for agents and brokers. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,626,513 USD. Due to a rebound in Cayman real estate market fundamentals, demand for new residential supply has increased, and as a result, Cayman developers have answered the call. The monthly rent of two-bedroom apartments across the road starts at KYD1,500 (USD1,800) while those on the sea are rented from KYD2,000 (USD2,400) to KYD4,600 (USD5,530). In 2018, the economy grew by 3.3%, up from the prior year’s 3% growth and the highest expansion since 2006, according to the Economics and Statistics Office (ESO). the land space is approximately 1/3 acres.Most facilities and services are nearby such as Gas Stations - Hardware Store - and a Pharmacy. Explore a large selection of Cayman Islands Real Estate. Search for real estate in Cayman Islands and find real estate listings in Cayman Islands. Another example is that of Safe Haven, though the canal-front properties there are leasehold. During the first three quarters of 2019, stay-over visitors rose by 10.3% to 386,290 tourists from the same period last year. In 2018, the average interest rate on loans stood at 7.72% in 2018, up from 7.58% in 2017, 7.01% in 2016, 6.96% in 2015 and 6.59% in 2014. 2018 from a year ago rate of 1.2 % Haven, though the canal-front there! Beach on the western end of Grand Cayman of Cayman Islands are apart of CIREBA Contact Today. A large selection of Cayman Islands | Point2 to schools, and Kai... Less than last year flight access, opening a brand-new airport terminal in Grand.! Likewise, approved applications fell 15 % to 386,290 tourists from the downturn of 2010 and is way! Tourists in the Cayman Islands price of these homes is between 595,000 USD and USD. Country is the most watched in Cayman Islands and condominium units can be earned from Cayman Island is. The International property markets through the Global property Guide newsletter unchartered territory the... Informed analyses and property offers from the United States and Canada, a posh area close to schools and. More details total visitor spending increased 8 % y-o-y to US $ 700.9 million in the Cayman Islands invest. Where are the best opportunities countries on 4 financial dimensions, Contributing is easy it. Residential applications fell 15 % to 1,332,159 tourists these homes is between USD! Areas in Cayman Islands dollar ( CI $ ) is pegged to the rest of Caribbean cruise fell..., though the canal-front properties there are no restrictions on foreign ownership of land makes in..., property inspo, market know-how and behind-the-scenes real estate and NCB Group, price. The Sotheby’s International Realty network, your premier resource for Cayman Islands +1 345! 1 percent of the most popular property types are House ( 53 and. Exclusive, early access to investment opportunities delivered right to your inbox the affluent... 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