Home > From The Desk Of CIREBA President, Jeanette Totten > Increase Visitors From Europe

Increase visitors from Europe

Well that time of year is finally upon us. With the long Easter weekend coming and going, we here in the real estate business in the Cayman Islands mark the end of the tourist winter season.

The days of multiple showings, open houses and putting the miles on the tires are now in the past and everyone on the island can take a moment and catch their collective breath.

Seven Mile Beach

Or can they?

In the not-so-distant past this time of the year would see a drastic reduction in the amount of tourists on our shores – as well as a marked decrease in the amount of people here to purchase real estate. Though we do still see less people on average in the warmer month, this trend is slowing changing. Real estate professionals, tour operators, shop owners and street vendors that, in the past, would have maybe taken their vacations are now staying on and continuing to work deep into the summer months.

What does this trend mean? Well some have posited the theory that the recent terror attacks in Paris and Belgium – coupled with the growing refugee crisis – have made North American tourists weary of vacationing in European capitals. With these destinations showing increasing unrest, tumult and growing instability -Cayman and the Caribbean region en masse is now looking like the safe and secure alternative.

This could also be a contributing factor to the recent increase in investment in Cayman, and the region in general. With savvy investors seeking secure places to put their money, our quiet safe little atolls are quickly becoming the business venture of choice for these discerning folks. Only time will tell of course as these macro economic trends unfold, but we here in Cayman are certainly happy to have the extra visitors, stay over tourists and long-term investors.

ERA Client Testimonials

I recently engaged Liesel Van Der Touw of ERA/Cayman to help me with the sale of a home on Cayman Brac. She was very professional in all respects. She was prompt in responding to all of my inquiries and kept me fully up to date on all activities concerning the home. Her contacts in the Caymans proved to be very helpful. Clearly she had a very good knowledge of the Cayman real estate market. I would highly recommend her to any potential buyers or sellers related to real estate in the Cayman Islands. You are welcome to contact me directly if you have any other questions.

Peter N. Meros

Review Submitted to Agent

I have had the pleasure of working with Kristina King on a few real estate projects. She is extremely knowledgeable on the local market and always has a game plan. Very efficient and always looks out for my best interests-a very strong negotiator. I'am glad to have her on my side and would strongly recommend you call Kristina first!

Blair Rota

Review from Google Business

Mark and Selene are probably two of the best realtors on this island. It has been an absolute pleasure working with these two. They sold my home in less than 3 weeks and every step of the way they were professional, with expert knowledge, and so easy to talk to. Mark and Selene...thank you for everything!

Matthew Rivas

Review from Google Business

Our experience could not have been better. Jeanette was quick to respond to our inquiries with detailed information. A whirlwind transaction with no glitches. Highly recommend.

Peter Hirsch

Review from Google Business

We are so happy with Kristina, she is very kind, very professional and you can always count on her as she guides you until everything has been settled. Thank you so much Kristina

Perter Van Marcke

Review from Google Business

Dear Kristina, Thank you for helping us make our dream come true. We loved working with you and hope that we have the opportunity of working with you again. All The Best!

The Ebanks

Review submitted to Agent

Bought a canal house in Grand Cayman from them. Johnny is a great real estate agent and now a good friend.

David Naimoli

Review from Google Business

I am a developer from New York and Robert's vast island experience in development and the Planning regulations seriously helped our investment group make the right decision on where and what to invest in.

A.J. Stockhom

Review submitted to Agent

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