ERA Real Estate Blog

Key Statistic Shows Cayman’s Growth Slowing Slightly

A country’s Gross Domestic Product (GDP, moving forward) is defined as the monetary value of all the finished goods and services produced within a country's borders in a specific period of time (usually defined yearly). (more…)

Minister Says BREXIT Offers A Unique Opportunity: Retooling of Relationships With Overseas Territories

British overseas territories minister James Duddridge was an ardent supporter of the United Kingdom’s bid to leave the European Union earlier this year. (more…)

Report: Cayman’s Residents Spent Big In 2015

The Cayman Island’s official government stat-trackers have reported that Caymanians and the island’s expatriate residents consumed +/- CI$1,697 million dollars worth of goods and services in 2015. (more…)

Cayman Kimpton Seafire Resort Ramps Up Operations with Hiring Blitz

Several hundred excited people recently queued-up outside the Craft Bar and Restaurant on West Bay Rod in Grand Cayman to begin the interview process for unfilled jobs at the new and highly anticipated Kimpton Seafire Resort. (more…)

DART Acquires Property In Little Cayman

Grand Cayman-Based developer DART has recently acquired several properties on the sister island of Little Cayman. (more…)

An Open Cuba & It’s Effects on Caribbean Macro Tourism.

The United States has recently started opening up Cuba to U.S. tourists following the bridging of relations between the two close-proximity former rival nations. (more…)

Ironwood Update: Work To Commence This Summer

There have been some important recent developments as plans have been formally submitted for the 18-hole Arnold Palmer-backed golf course in the East End area of Grand Cayman. (more…)

Cayman Brac’s Possible Pirate Caves Yielding New Scientific Research ‘Booty’

Whether you are aware of it or not, there are caves in the sister island of Cayman Brac. (more…)

Spanish Reef Resort Gone as Development Continues Steadily in the Cayman Islands

The demolition workers have been very busy recently working at the former location of the Spanish Bay Reef Resort site in the West Bay district of the Cayman Islands. (more…)

Interpreting a Seven Mile Beach Setback Ruling: Does this ruling impede growth?

Very recently a decision in the Cayman Island Grand Court has cast doubt over the government’s Central Planning Authority and its ability to effectively deal with large real estate development proposals that are submitted exceeding seven stories on the coveted lands along Seven Mile Beach. (more…)

The Panama Papers: A Report On A Major Offshore Leak

The recent leak of over 11 million documents belonging to a law firm in Panama, though not directly referencing the Cayman Islands, will surely cast extra light on our tiny island nation. (more…)

Tourism In Cayman: An Island Nation’s “Bread And Butter”

The Cayman Islands are one of the Caribbean's crown jewels. These three picturesque atolls jut up out of the western Caribbean Sea to form a beach tourist's dream. (more…)

Financial Services In The Cayman Islands: A Brief Overview

Aside from the many opportunities available in our robust real estate market, there are other options when considering investing in the Cayman Islands. (more…)

Living In Cayman: A Real Day-to-Day Perspective

Grand Cayman living is painted in many unique ways. In our tiny island nation’s tourism materials we see Cayman as a sun-drenched Caribbean paradise of jet setters and sunbathers idly strolling the white sand beaches. In the James Bond film franchise and blockbuster movies we are shown as a place where the world’s wealthy hide their millions (or billions). When...

Development Notes: The Latest In The Cayman Islands’ Biggest Projects

Development is running rampant in the Cayman Islands as private developers and government alike continue to work towards improving our properties, businesses and overall civic infrastructure. Recently the government began a $55 million project to expand and improve our nation’s airport facilities. This work commenced last year when the CI government signed the initial $3.6 million building contract with construction...

DART Corporation Adds New Properties: Historic Hyatt, Beach Suites & Britannia Golf Course Latest Additions for Cayman’s Largest Developer

It has been confirmed this month that the DART Corporation based here in the Cayman Islands has purchased the site and existing structure of the old Hyatt resort located in the 7 Mile Corridor. (more…)

Real Estate & Development in Cayman: Onward and Upward

Real Estate is booming in the Cayman Islands and a review of the market lends support to this assertion. All over the island real estate professionals are seeing inventories shrink and buying continuing on at near-record pacing. The most in-demand areas are those wherein tourist flock such as 7 Mile Beach and Cayman Kai. Construction is noticeable nearly everywhere you...

President elect, Jeanette Totten returns to Cayman Real Estate Brokers Association

Jeanette Totten, a seasoned Luxury Real Estate Broker/Owner was re-elected as the First Woman President of the Cayman Islands Real Estate Association. Mrs. Totten, an American-Caymanian who, along with her husband G.Robert Totten, moved to the Cayman Islands in 1982 and established Cayman Luxury Property Group in late 2004. After years serving the Cayman Islands real estate industry as a...

CIREBA 2016 New Board of Directors

On 25 February, 2016 the Cayman Islands Real Estate Brokers Association (CIREBA) announced their new Board of Directors at their 2016 Annual General Meeting. We are pleased to announce our own Jeanette Totten, has been named to the 2016 CIREBA Board of Directors.  The full list of new CIREBA Directors is shown below; Micheal Day - Regal Heather Carrigan -...

Psssst the secrets out, Kimpton Hotel breaks into the Caribbean market in the Cayman Islands

Last night, we were fortunate to attend the cocktail reception for the new Kimpton Hotel held for brokers and select real estate agents. The highly anticipated Kimpton Hotel project in the Cayman Islands is the first Kimpton Hotel to be located outside the United States as well as being the first Kimpton Hotel offering made available to the Caribbean market....