ERA Real Estate Blog

Hurricanes, while not an everyday occurrence in the Cayman Islands, happen about four times a year on average. Most of these storms not only enter the islands' sphere of influence but also make landfall, with only a few turning away beforehand. The hurricane season typically lasts from early June to late November, making it essential for residents to be prepared....

The Cayman Islands real estate market has begun 2024 on a high note, demonstrating impressive performance in the first half of the year. According to the Cayman Islands Real Estate Brokers Association (CIREBA), the market opened with over 200 sales totaling more than US$250 million in the first quarter alone. This achievement marked a record high for Q1 volumes and...

Purchasing a home is a significant investment, and when considering properties in the Cayman Islands, working with a knowledgeable realtor or real estate agent is essential. The unique market dynamics, legal considerations, and financial implications in the Cayman Islands require a thorough understanding and strategic approach. By engaging a real estate professional, you can benefit from their expertise to grasp...

The Cayman Islands’ award-winning Seven Mile Beach has long been renowned for its pristine white sands, crystal-clear waters, and world-class amenities, making it one of the most desirable luxury real estate markets in the Caribbean region. With its strategic location, vibrant local culture, upscale services, and thriving tourism sector, Seven Mile Beach offers unparalleled opportunities for those seeking both a...

Commission rates represent the percentage of the final sale price of a property that a real estate agent or broker charges as compensation for their services. Essentially, when you sell or purchase a property through the assistance of a real estate professional, you agree to pay them a commission based on the transaction's value. These rates can vary widely depending...

As a luxury holiday destination, the Cayman Islands offer more than just crystal-clear waters and postcard-perfect beaches. With glowing reviews and top honors from travel experts, it's not just a vacation spot—it's also an enticing opportunity for those looking to own a slice of paradise. Named among the “21 Most Beautiful Islands in the Caribbean” by Condé Nast Traveler, the...

The landscape of property investment in the Cayman Islands has undergone significant shifts in recent years, marked by notable trends in rental pricing and sales activity. According to a 2023 market report, rental rates have surged twofold since 2015, signaling a substantial increase in housing costs. Despite this surge, there has been a noticeable downturn in the volume of property...

In the world of property investment, the Cayman Islands hold a special appeal, particularly to those in the market for high-end, luxury real estate. With its pristine white beaches, breathtaking vistas, vibrant communities, and favorable economic conditions, this trio of alluring islands has long been a preferred destination for those seeking to make the most of both business and pleasure....

Despite initial concerns about a slowdown in property sales at the beginning of the year, the Cayman Islands real estate market has proven to be resilient, exhibiting strong sales and pricing performance throughout 2023. Real estate experts observe that property values have remained stable throughout the year, despite increased carrying costs, primarily influenced by the global rise in insurance premiums...

Every year, as the winter air grows colder and the holiday season approaches, many individuals and families dream about escaping to the endless summer of a tropical paradise. For those seeking a truly unique Christmas experience, the Cayman Islands offers an enchanting destination that will create precious memories to be treasured forever. Far away from the familiar postcard images of...