Cayman Islands
ERA Real Estate Blog
The Cayman Islands have long been a sought-after destination for property buyers, especially foreign investors looking for a slice of paradise. With its stable economy, tax advantages, and breathtaking oceanfront properties, it’s no surprise that many see it as the ideal place to invest in real estate. However, while buying property in the Cayman Islands can be a rewarding venture,...
The Cayman Islands is one of the most desirable real estate markets in the Caribbean, attracting buyers looking for luxury homes, investment properties, and dream vacation residences. Navigating this dynamic market requires expertise, trust, and a deep understanding of both local and international real estate trends. This is where the ERA Cayman Islands team stands out. A team with diverse...
Aspiring homeowners in the Cayman Islands have something to celebrate. The government has announced a major change to the stamp duty regulations, making it easier for first-time Caymanian buyers to afford their dream homes. Under the new policy, properties valued at $550,000 or less will be exempt from stamp duty -- a move that will significantly reduce upfront costs for...
Bolstered by sustained interest across various property categories, the Cayman Islands real estate sector showed exceptional strength and steady expansion throughout 2024. Even amid global economic uncertainties, the market held firm with 1,855 active listings collectively worth approximately $3.46 billion. Additionally, 1,362 new properties entered the market, representing a total value of $2.22 billion. Completed sales reached 809 transactions, generating...
Seven Mile Beach on Grand Cayman is more than just a postcard-perfect destination—it’s the gateway to an exceptional lifestyle. Framed by soft white sands, expansive blue skies, and tranquil turquoise waters, this iconic shoreline offers a serene escape that seamlessly blends natural beauty with understated luxury. It is also home to some of the Caribbean’s most exclusive residential developments, attracting...
As we enter the last quarter of 2024, Cayman Islands’ luxury real estate market has been building momentum, with high-end buyers eager to enjoy a taste of paradise in the coming holiday months. "Roughly 80 per cent of our buyers are foreigners and with a close U.S. Presidential race this year, many North American buyers — our largest demographic —...
Home insurance is essential for property owners in the Cayman Islands, where local conditions significantly affect coverage requirements and costs. Given the islands' susceptibility to seasonal tropical storms and the presence of many high-value properties, home insurance serves as a crucial safeguard against potential losses. Understanding the factors that affect insurance premiums, along with the scope of coverage and regulatory...
Maximizing Your Wealth:
In today’s global real estate landscape, discerning investors are constantly seeking opportunities that offer high potential, stability, and strong returns. This is why prime luxury real estate continues to be a favored asset for those looking to balance financial growth and security along with an upscale lifestyle. While the United States has long been a top choice for luxury real...
Renowned for its natural beauty, welcoming community, and appealing tax-free status, the Cayman Islands has long been one of the most sought-after destinations to live, work, and relax in the Caribbean. With a thriving economy and a flourishing luxury property market, it's no surprise that expats around the globe have long been drawn to Cayman’s sun-kissed shores, whether they’re seeking...
For most property investors, entering the real estate market can be especially challenging, with potential pitfalls around every corner. Whether you're buying, renting, or refinancing a mortgage, the last thing you want to worry about is becoming a victim of fraud. Unfortunately, criminals have grown increasingly sophisticated in preying on housing consumers, adding extra stress and risk to an already...