ERA Real Estate Blog

7 Mile Beach and The Ritz-Carlton Grand Cayman Receive Accolades

The Ritz-Carlton Grand Cayman recently received the AAA Five Diamond award (its fourth in a row). The greater Seven Mile Beach as a whole has also been internationally recognized as one of the best beaches in the world according to the website TripAdvisor’s voters. The Ritz-Carlton Grand Cayman is among ninety or so hotels and resorts in the North American/Caribbean...

Real Estate Market Strong in The Cayman Islands

The real estate market in the Cayman Islands is strong and will continue to be as such states a recent report issued by the Cayman Islands Real Estate Brokers Association (CIREBA). In this report, CIREBA also states that the rental market is growing on pace with the rapidly growing population of the Cayman Islands. Tourism in Cayman is trending positive...

Dart continues to pour millions into Cayman developments

The Dart Real Estate firm has recently been granted planning permission for an underpass along West Bay Road by the Cayman Islands government. (more…)

Cricket Square Continues on expanding with its 6th Act

The Cricket Square complex has recently launched into its sixth development phase to bolster its already robust offerings of commercial business office space. (more…)

New Cayman HospiceCare Building Construction to Commence Soon

The official groundbreaking for the new Cayman HospiceCare complex is to begin soon. (more…)

Environmental Assessment Will Kill Ironwood (According to Ironwood)

The developer responsible for the would-be Arnold Palmer Ironwood golf resort has asserted recently that the requirement being placed on them to undertake an environmental impact assessment on the lengthy extension of the bypass would likely result in the death of the deal. (more…)

Cayman Islands Tourism Industry Expects A Big Year

The Cayman Islands Tourism Department recently released some figures that indicated tourist arrivals via airplane and visitors on cruise ships have increased in the the third quarter and for the overall year to date. (more…)

American Billionaire And CI Government Reach Agreement

Well-known American billionaire and Microsoft founding member Paul Allen has reached a tentative agreement with the Cayman Islands government wherein he will make a compensation payment for the damages done to a coral reef in the islands’ waters in an incident involving his mega yacht. (more…)

New Species Discovered on Grand Cayman

When recent cruise ship visitor James Wetterer landed in the Cayman Islands on holiday he did not do the things that typical cruise ship passengers do during their time here. (more…)

DART Given Special Approval To Alter 7 Mile Beach Land

The DART group of companies has been given unique permission to remove rocks from the coveted waters off a Seven Mile Beach property. (more…)

Cayman Islands Government Rakes in Millions per Year: Permanent Residence Fees Generate Big Bucks

From fiscal year 2009 to the present day the Cayman Islands Immigration Department collected nearly seventy million dollars in permanent residency fees. (more…)

Is Barkers Parcel Next Up For Government Land Purchase?

Since the Cayman Islands government has recently announced its plans to buy a land parcel adjacent to the popular Smith Cove (thereby guaranteeing the public use of the venerated area indefinitely) the nation’s government is now facing increased public pressure to purchase another piece of oceanfront real estate to rescue it from private development. (more…)

Public Outrage Prompts Government To Purchase Lands Adjacent To Smith Cove

In response to a rash of public backlash and outrage over a proposed condo development near Cayman’s beloved swimming area known as Smith Cove, the Cayman Islands government has agreed to purchasein principle the property to prevent any further development. (more…)

DART Digs Up Controversy

A large, ugly machine-dug hole has appeared on lands owned by the Dart companies along the unattached portion of West Bay Road recently and area property owners are not happy. (more…)

New South Church Street Development “Green-lit” by Planning: New Construction has Advocates and Detractors

The Cayman Islands Central Planning Authority recently green-lit plans for nineteen new homes and a man-made beach bordering the marine park in George Town, Grand Cayman. (more…)

Medical Marijuana: Moving Forward Cautiously In The Cayman Islands

The Cayman Islands has gone ‘pro pot”! Well not exactly, but recently the Cayman Islands Government has stated that they will be moving forward with the legalization of medical marijuana oil for seriously ill patients in the tiny island nation. (more…)

Cayman Islands Banks To Finance Solar Power Systems: Renewed Vigor For Clean-Energy Discussions

Several banks here in the Cayman Islands are beginning to offer loansto homeownersfor the installation ofsolar-power generating systems. (more…)

CUC Adds New Equipment & Addresses Green Energy

CUC recentlyannounced the installation of new diesel generators that cost the company a reported $85 million US dollars. (more…)

Cayman Government To Ax Unnecessary Paperwork: Immigration “Back & Forth” To Cease

Expat residents in the Cayman Islands who have lived here a minimum of eight years currently face a seemingly endless "back and forth' process with respect to required paperwork. (more…)

European Union Has Postponed Key Passport Decision: Allowing Valuable “Passporting” Should Still Be The Outcome

The European Union has decided recently to postpone a key decision on the issuing of passports that directly affects the Cayman Islands. (more…)