Recent developments indicate that Grand Cayman is moving into a fresh chapter of smart and steady growth. Roads are being widened, medical and wellness facilities are on the rise, and several high-profile luxury projects are moving forward. It is a period defined less by rapid change and more by well-planned improvement, and for overseas buyers it creates a clearer picture...
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Seven Mile Beach Development: The Hottest New Investment Properties
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...
The Best New Developments To Buy an Investment or Vacation Property
If you’re planning to shortlist some of the best new developments for investment or a vacation home in the Cayman Islands, make sure to include these properties recommended by our ERA Cayman real estate experts, Richard Newton and Selene Oddenino Newton, who are not only CIREBA-accredited real estate professionals but also experienced property managers and investors as well. Richard moved...
The Best Developments to Buy a Cayman Vacation Home
The beauty of owning a vacation home in the Cayman Islands is that you don’t have to wait for summer to go on a holiday. The tropical weather is pleasant for most of the year and the views are always postcard-pretty anywhere you go. Best of all, Cayman is a highly favored destination for luxury property buyers because of it...
AsterCayman Project Announced
Gene Thompson, Director of Thompson Development Ltd., has announced that he and his group intend to make the Cayman Islands one of the world leaders in medical destination tourism. Thompson Development is one of the leading development companies in the Cayman Islands whose business ventures include commercial and resort development, tourism, real estate, retail and medical tourism. Partnering with the...
Lacovia To Be Redeveloped
It seems that Lacovia, one of the oldest developments on Cayman’s Seven Mile Beach, is going the way of the dodo bird. Recently the Cayman Islands Central Planning Authority approved plans to tear down and redevelop Lacovia – and the announcement has ruffled some feathers. Objections Neighbors to the new project have made several objections to the size and scale...
New Development on 7 Mile Beach Sees Local Pushback
And the beat goes on. Property development, especially in the luxury/high-end vacation home sector is booming with new properties beginning construction seemingly weekly on Grand Cayman. This is not, however, completely without controversy… Latest Development Recently a group of developers known as Libanon Corp. has been trying to get planning approval for a large project in the highly desirable 7...
Kick off Your Shoes: New Eco-Resort to Be Built at Barefoot Beach
Article Snapshot The Dart Group recently announced that East End will soon be home to a one-of-a-kind eco-resort. The 10-acre property will feature 89 cottages at Barefoot Beach. According to a Dart spokesperson, “Dart is leasing a portion of its property at Barefoot Beach to [a] third party tenant, consisting in part of the NCB Group, for a planned maximum...
Construction begins on OLEA – Camana Bay’s First Residential Community
Article Snapshot Construction began late last week on OLEA, Camana Bay’s first for-sale residential community. Over 50% of the properties have already been sold. Construction is on the units is expected to be finished in a little over a year. Prices range from $600,000USD to $2 million. When completed, it will feature 124 residences, a resort-style pool, outdoor dining area,...
Owners at Lacovia to Replace Outdated Condo Complex
Article Snapshot: One of the oldest condominiums on Seven Mile Beach, the Lacovia complex is set to be demolished and replaced by a set of 3 new 10-story buildings. Opposite Lone Star Grill, the original building was built in 1981 and has fallen into a state of disrepair. After over a year of discussion, the 55 Lacovia owners agreed unanimously...
Beach Suites Property on 7 Mile Beach to be Resurrected
When the beloved Hemingway’s Restaurant recently closed its doors after years of service on Seven Mile Beach in Grand Cayman, one could reasonably take this as the final nail in the coffin of the Beach Suites property. Not so fast… (more…)
Camana Bay to offer Residences for Sale
If you’ve ever wanted to own your own home in Camana Bay you’ve likely been displeased to hear that you can only rent their residential offerings. (more…)
WaterMark Approved: 7 Mile Beach’s Newest Premier Address
Developer Fraser Wellon, of Watercolours/Water’s Edge/Stone Island acclaim, is one step closer to making his next ritzy project a reality. (more…)
Initial Plan for New Enterprise City Project gets Approval
The plan that has been submitted for the initial phase of the new Cayman Enterprise City campus has recently been approved by the Cayman Islands Central Planning Authority. (more…)
Apartment Construction at Heath City Rolls Along
The Health City Cayman Islands campus continues to expand is footprint. (more…)
Cayman’s Health City Continues to Grow
The Cayman Islands new hospital is designed with the goal of attracting patients from around the world and it is continuing to grow. (more…)
Large Grand Harbour Project Forthcoming
A large-scale construction project is to begin in early summer 2017 on an 85-home canal-front community in the Grand Harbour area of Grand Cayman. (more…)
Ironwood Golf Community facing setbacks
When the Ironwood golf-centered development was first announced it received much fanfare in the local media. (more…)
3D Land Parcels: What does this mean for Cayman?
At a recent gathering of real estate professionals, surveyors and property developers Premier Alden McLaughlin and his government announced a plan to introduce amendments during the current session of the Legislative Assembly to provide for the registration of volumetric 3D land parcels and the ability to subdivide them into the sky for overhead development. In effect, this legislation will create...
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…)
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