Find your home Find your heart

Seven Mile Beach|Search All MLS Listings|Meet your ERA Team

Find your home Find your heart

Seven Mile Beach|Search All MLS Listings|Meet your ERA Team

Find your home Find your heart

Seven Mile Beach|Search All MLS Listings|Meet your ERA Team

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A Comprehensive Guide to Buying, Selling and Investing in

Cayman Islands Real Estate

As of January 2024, the Cayman Islands real estate market has demonstrated its resilience and attractiveness to global investors, with total sales from January 2023 to January 1, 2024 nearing a staggering $939.4 million. This nearly billion-dollar figure, though slightly lower than previous record-breaking years, is a strong indicator of the market’s dynamism and growth potential. The allure of the Cayman lifestyle continues to draw investors, especially in the premium residential property segment. Condominiums, a cornerstone of luxury living in the islands, have seen sales totaling approximately

$411.9 million over the past year. Their increasing popularity among those in the market for exclusive living and luxury lifestyles. Single Family Homes have also maintained a strong market presence, with nearly $284 million in transactions. Despite minor fluctuations from the previous year, this segment shows enduring global interest and stability. Additionally, land sales, particularly in low-density residential areas and the Sister Islands of Cayman Brac and Little Cayman, have reached a noteworthy $138 million.

ERA Cayman Islands
ERA Cayman Islands

Real Estate Services

At ERA Cayman Islands, we provide access to an extensive database of properties, including residential, commercial, and investment opportunities. We curate listings to match your specific criteria, ensuring you find the perfect property.

  • Market Analysis: Our team of experts conducts in-depth market analysis to help you make informed decisions. We provide insights into property values, trends, and potential investment opportunities.
  • Property Valuation: Whether you’re buying or selling, we offer professional property valuation services. Our accurate assessments ensure you get the best deal possible.
  • Buyer Representation: For buyers, we act as your advocates, guiding you through the entire purchasing process. We negotiate on your behalf to secure favorable terms.
  • Seller Representation: Sellers benefit from our expertise in marketing and showcasing their properties. We use innovative strategies to attract qualified buyers and maximize sale prices.
  • Contract Negotiation: We handle all aspects of contract negotiation, ensuring your interests are protected. Our negotiation skills are unmatched in securing favorable terms.
  • Property Showings: We schedule property viewings at your convenience, saving you time and effort. Our agents are knowledgeable about the local market and can answer all your questions.
  • Investment Opportunities: If you’re interested in real estate investments, we provide access to lucrative opportunities, including rental properties and commercial ventures.
  • Legal Guidance: We work closely with legal professionals to ensure that all transactions are legally sound and compliant with local regulations.
  • Financing Assistance: Our brokers can connect you with reputable lenders and help you secure financing at competitive rates.
  • Market Updates: We keep you informed about market developments, ensuring you’re aware of opportunities and potential challenges.
  • Customer Support: Our dedicated customer support team is available to assist you at every step of your real estate journey, providing prompt and reliable service.
  • Local Expertise: With a deep understanding of the local real estate landscape, our brokers offer valuable insights and recommendations tailored to your needs.

At ERA Cayman Islands, we’re committed to delivering exceptional service and helping you achieve your real estate goals. Whether you’re buying, selling, or investing, we’re your trusted partner in Cayman Islands real estate.

At ERA Cayman Islands, we pride ourselves on delivering exceptional service and expertise to sellers. Our goal is to make the selling process as smooth and profitable as possible for you. Contact us today to discuss how we can assist you in selling your property.

List of Services for Sellers:

  • Professional Property Valuation: Our experienced real estate agents start by conducting a comprehensive property valuation. We assess the market value of your property accurately, taking into account its unique features and local market conditions.
  • Listing and Marketing: We create a compelling listing for your property, highlighting its strengths and appealing features. Our marketing strategies include professional photography, virtual tours, and online and offline advertising to attract potential buyers.
  • Market Analysis: We provide you with a detailed market analysis, helping you understand the current real estate trends, recent sales in your area, and competitive pricing strategies. This empowers you to make informed decisions about your listing price.
  • Staging and Presentation: Our team offers guidance on staging your property to enhance its visual appeal. We provide tips and resources to make your home more attractive to buyers, increasing the chances of a quick and profitable sale.
  • Online and Offline Promotion: We utilize digital marketing, social media, and local advertising to reach a wide audience. We also tap into our network of real estate professionals to find suitable buyers.
  • Property Showings: Our agents schedule and conduct property showings at times convenient for you. We ensure that potential buyers are qualified and genuinely interested in your property, saving you time and effort.
  • Negotiation and Offers: When offers come in, we negotiate on your behalf to secure the best possible terms and price. Our expert negotiation skills are geared towards maximizing your profit and protecting your interests.
  • Legal Assistance: We work closely with legal professionals to handle all the legal aspects of the transaction. This ensures a smooth and legally compliant sale, protecting you from potential issues down the road.
  • Contract Management: We oversee the contract process, making sure all deadlines and requirements are met. Our goal is to minimize stress and complications throughout the selling process.
  • Closing Coordination: Our team manages the closing process, coordinating with all parties involved, including the buyer, seller, attorneys, and escrow agents. We ensure that all necessary documents are in order for a successful closing.
  • Post-Sale Support: Even after the sale is complete, we’re here to assist you with any post-sale needs or questions. Our commitment to your satisfaction extends beyond the closing table.
  • Market Updates: We provide regular updates on the progress of your sale and any changes in the market that may affect your property.
  • Local Expertise: With our deep knowledge of the local real estate market, we offer tailored advice and insights specific to your area.
  • Customized Strategy: Every property is unique, and we tailor our selling strategy to your specific goals and circumstances.

At ERA Cayman Islands, we are committed to delivering expert guidance and solutions that empower our clients to make sound real estate decisions. Whether you’re a first-time buyer, an experienced investor, or a property owner, our Real Estate consulting services are designed to enhance your success in the Cayman Islands real estate market. Here are a few of our Consulting services:

  • Market Analysis and Research: Our real estate consulting services begin with in-depth market analysis and research. We provide clients with valuable insights into local and national real estate trends, helping them make informed decisions regarding property investments, sales, and purchases.
  • Investment Strategy Development: We work closely with clients to develop personalized investment strategies that align with their financial goals. Whether it’s short-term or long-term investments, rental properties, or commercial ventures, we provide guidance to maximize returns.
  • Portfolio Optimization: For clients with existing real estate portfolios, we analyze their properties and recommend optimization strategies. This includes identifying underperforming assets, suggesting renovations or improvements, and assessing potential divestments.
  • Property Valuation and Pricing: Our experts offer professional property valuation services, ensuring accurate assessments for both buyers and sellers. We assist clients in determining fair market values, optimizing listing prices, and identifying opportunities for negotiation.
  • Risk Assessment and Mitigation: We evaluate potential risks associated with real estate transactions and investments. Our consulting services include strategies to mitigate risks such as market fluctuations, legal complications, and property condition issues.
  • Buyer Representation: We act as advocates for buyers, guiding them through the purchasing process. Our consultants provide expertise in property selection, negotiation, and due diligence to secure the best possible deals.
  • Seller Representation: Sellers benefit from our strategic approach to marketing and showcasing their properties. We use data-driven methods to attract qualified buyers and maximize sale prices.
  • Feasibility Studies: Our team conducts feasibility studies for clients considering real estate developments or large-scale investments. These studies assess the viability of projects, taking into account market demand, costs, and potential returns.
  • Real Estate Investment Education: We offer educational resources and workshops to empower clients with knowledge about real estate investing. We cover topics such as financing options, tax implications, and investment strategies.
  • Legal Guidance: Our consultants work closely with legal professionals to ensure that all real estate transactions are legally sound and compliant with local regulations. This minimizes legal risks for our clients.
  • Financing Assistance: We assist clients in securing financing from reputable lenders. Our expertise includes helping clients find loans with favorable terms and low interest rates.
  • Property Management Consulting: For property owners, we provide guidance on property management strategies and property management referrals. Our goal is to help clients achieve maximum returns on their investments.
  • Relocation Services: We offer support to individuals and families looking to relocate, assisting them in finding suitable properties in their desired locations.
  • Market Updates: We keep clients informed about market developments, helping them adapt their real estate strategies to changing conditions.
  • Local Expertise: Our consultants have an in-depth understanding of Cayman local real estate markets, providing clients with region-specific insights and recommendations.
  • Customized Solutions: We tailor our consulting services to meet the unique needs and goals of each client, ensuring a personalized and effective approach.

At ERA Cayman Islands, we are dedicated to helping you achieve your financial goals through smart and strategic real estate investments. Whether you’re a seasoned investor or just starting, our services are designed to maximize your success in the real estate market. Contact us today to discuss how we can assist you in building your real estate investment portfolio.

  • Investment Strategy Development: Our real estate investing services begin with the development of a personalized investment strategy tailored to your financial goals. Whether you’re looking for short-term gains or long-term wealth accumulation, we craft a strategy to match your objectives.
  • Market Analysis and Research: We provide comprehensive market analysis and research to identify the most promising investment opportunities. Our experts track local and national real estate trends, helping you make data-driven investment decisions.
  • Property Sourcing: We source investment properties that align with your strategy. This includes identifying off-market deals, distressed properties, and high-potential areas for growth.
  • Property Valuation: Our team offers professional property valuation services, ensuring you have an accurate assessment of a property’s value before making an investment. This helps you make informed decisions about purchase prices and potential returns.
  • Due Diligence: We conduct thorough due diligence on properties, assessing their condition, potential for appreciation, and any legal or financial issues. This minimizes risks associated with your investment.
  • Financial Analysis: Our experts analyze the financial aspects of potential investments, including cash flow projections, return on investment (ROI), and tax implications. This helps you understand the financial viability of each opportunity.
  • Portfolio Diversification: We help you diversify your real estate portfolio to spread risk and maximize returns. This may include investing in different property types, locations, or investment strategies.
  • Financing Assistance: Our team will connect you with reputable lenders and explore financing options with favorable terms.
  • Property Management Referrals: For those interested in rental properties, we provide referrals to reputable property management services. Their experts handle tenant screening, maintenance, and day-to-day management, ensuring a hassle-free investment experience.
  • Legal and Regulatory Compliance: We ensure that all your real estate investments are compliant with local regulations and laws. Our legal partners provide guidance on legal matters related to your investments.
  • Exit Strategy Planning: We help you develop exit strategies for your investments, whether it’s selling, refinancing, or holding long-term. Having a clear plan ensures you can adapt to changing market conditions.
  • Real Estate Investment Education: We offer educational resources and workshops to empower you with the knowledge and skills necessary for successful real estate investing. Topics include risk management, tax optimization, and investment strategies.
  • Market Updates: We keep you informed about market developments and opportunities, helping you stay ahead in the real estate investment landscape.
  • Local Real Estate Expertise: Our experts have a deep understanding of the local real estate markets, providing you with valuable insights specific to your chosen investment area.
  • Customized Solutions: We tailor our real estate investing services to your unique preferences and objectives, ensuring a personalized and effective approach.

Cayman Real Estate Agents

Over 100 years of combined Real Estate Experience

Yes, Americans can purchase property in the Cayman Islands. While there are generally no significant restrictions on owning residential properties, it’s important to be aware of specific rules regarding land ownership and any associated fees. Additionally, buying property in the Cayman Islands does not grant automatic residency or work permits, so separate applications may be required for those purposes.

The Cayman Islands does not impose property taxes, capital gains taxes, or inheritance taxes on real estate transactions. This tax-friendly policy has made the Cayman Islands an attractive destination for real estate investors.

Yes, British passport holders can purchase property in the Cayman Islands. The Cayman Islands are a British Overseas Territory, and there are generally no specific restrictions on British citizens owning property in the Cayman Islands.

The best investment properties in the Cayman Islands typically include beachfront condos, rental properties (both long-term and short-term), commercial real estate, and developments. Beachfront properties tend to offer high rental potential due to their desirability, while rental properties can provide a steady income stream. Commercial real estate, especially in thriving business areas, can be lucrative, and developments can offer significant returns. It’s important to conduct thorough research, consider your investment goals, and work with one of our ERA local real estate experts to make informed decisions based on your preferences and risk tolerance.

Building a home in the Cayman Islands is generally feasible but involves a structured process. After purchasing land, obtaining planning permission from the Cayman Islands Planning Department is essential, following local building codes and zoning regulations. You’ll also need to arrange utilities and services, pay permit fees, and monitor construction quality. Upon completion, obtaining a completion certificate is necessary. While manageable, working with local experts and adhering to procedures is crucial for a successful home construction in the Cayman Islands.

When buying real estate in the Cayman Islands, you can expect to encounter several fees and costs, including Stamp Duty, which varies based on the purchase price and property type, legal fees for a Cayman Islands attorney, surveyor’s fees if a survey is required, mortgage-related fees if financing, real estate agent’s commission (usually paid by the seller), property insurance, potential home inspection fees, utilities and service connection costs, strata fees for certain properties, and the annual “Stamp Duty Land Tax” on the unimproved land value. The specific amounts and details can vary, so it’s essential to work with an ERA Real Estate Agent to get a comprehensive breakdown for your particular real estate transaction.

We contracted with Jeanette Totten of ERA Cayman Islands Real Estate to sell our properties on Grand Cayman. We are located in the northeastern U.S., and therefore all of our contact with Jeanette was conducted remotely, including the closing and money transfer. We found Jeanette to be highly professional and working with her was a very pleasant and efficient experience. She was highly responsive, always answering our emails and phone calls within hours, if not minutes. Her responses to our questions were very direct and to the point. Jeanette has a keen sense of the real estate market on Cayman. She told us what to expect regarding prices and demand for real estate, and didn’t try to oversell the market. She also appears to be well-known and well-connected on the island, and we would highly recommend her.
Jeff & Bo Handel Google Business Review
We would like to thank Liesel Van Der Touw for helping us find our dream home on Cayman Brac. She has been a blessing throughout this transition. From showing us homes on the Brac, to helping us complete the sale. She is a hands on realtor and friend. Whenever we had a question about anything, she was prompt to respond with the answer. We would highly recommend Liesel for anyone who is looking for an awesome realtor who knows the business inside and out.
Joyce Jones Google Business Review
We just bought our dream home with the help of ERA, agent Kristina King. Kristina was so helpful, honest, down to earth, and made this crazy competitive housing market less stressful. She hung in there with us for months while we searched for the right place, and after everything, she found the house, got us a first viewing, and we offered that afternoon and it was accepted that night! The contract signing process went seamlessly and she was incredibly professional throughout the whole process. I would recommend her to anyone, local or overseas, she's someone you can really trust!
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ERA Cayman Islands

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