Below you can find real estate from nearby areas in Cayman Islands: See all agents in Little Cayman, Cayman Islands. Box 10271 Grand Cayman, KY1-1003 The highest value of project approved last year was the Olea residential development by NCB Development at KYD 37.52 million (US$ 45.13 million). In other areas, prices are lower, ranging from KYD100,000 (US$122,000) to KYD2 million (US$2.44 million) over the same period. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,645,400 USD. Canal-front homes are now under construction along the Seven Mile Beach corridor stretching up to West Bay, primarily on land south of the Ritz-Carlton, Grand Cayman, and land to the north of the Yacht Club and land at Camana Bay. O: 623-9999 Member of CIREBA Contact Us Today @ 2004-2021 Global Property Guide. Browse the Cayman Islands real estate property listings. Did you know: Our Real Estate channel is the most watched in Cayman. Ft. Condominiums ID: DMCG5B. the land space is approximately 1/3 acres.Most facilities and services are nearby such as Gas Stations - Hardware Store - and a Pharmacy. The most popular property types are House (53) and Apartment (18). Approved residential applications fell 15% to KYD 286.65 million (US$344.8 million). The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. Business. However, Cayman… Prices surged 33% in 2018. Brought to market by Dart Real Estate and NCB Group, ... Price list COMMUNITY. Already Subscribed? The Narayana Cayman University Medical Center, a 500-acre, 2,000-bed medical school and hospital complex opened its first phase, a 200-bed hospital, in August 2012, attracting medical tourists from America, from South and Latin America and the Caribbean. Thanks to its twin pillars of development, tourism and international finance, this British overseas territory enjoyed average real GDP growth of 3.1% annually from 1998 to 2007. ... Banks usually ask for deposits of between 10%–35% as a contribution towards the purchase price or construction cost. “It is reaffirming to hear first-hand the positive impact our stayover strategy is having on stimulating tourism businesses’ profit margin during what we consider traditional shoulder season,” said Minister of Tourism, the Hon Moses Kirkconnell. The rental market is tight, especially near Seven Mile Beach in Grand Cayman, the islands´ most expensive area according to Capital Realty. Cayman Islands rentals, condo rentals, apartment rentals, home rentals, and vacational rentals. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 943 ㎡ in size. There are at least 20 canal residential subdivisions in Grand Cayman, half along the Seven Mile Beach and West Bay, and the other from Prospect to North Sound Estates and the Cays in Rum Point. Cayman Property For Sale - HOUSE - BREAKERS - MIDLAND ACRES, Price: CI$369,000, , Here is a great opportunity to own your 3 bed 2 bath home in Midland Acres (Breakers) at a great price! propertycayman. There is also a growing interest from Europeans and South Americans. The Cayman Islands Largest Real Estate Portal. In 2018, total visitor arrivals rose by 11% y-o-y to a record 2.38 million people, according to the Cayman Islands´ Department of Tourism. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s). Search Cayman Islands Property for Sale. The most expensive housing is along Seven Mile Beach, a coral-sand beach on the western end of Grand Cayman island. Located \nin the West End of Little Cayman where all the resorts, stores, \nrestaurant, Little Cayman West, Block: 78A, Parcel: 68, Area: 95, Little Cayman West, Little Cayman, This\nparcel is at the end of the runway, heading West with great road access, is\nvery convenient to everything, as well as being on the south side of the isla, Little Cayman West, Block: 80A, Parcel: 1J, Area: 95, Little Cayman West, Little Cayman, Little Cayman West, Block: 78A, Parcel: 7, Area: 95, Little Cayman West, Little Cayman, 156 Feet of Beautiful, Sandy Beach.� Located Near To Pirate's Point Resort Close to All the Amenities Little Cayman has to Offer Yet Feels Like You're On A Dese, Little Cayman West, Block: 80A, Parcel: 1L, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .31acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1K, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .35acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1G, Area: 95, Little Cayman West, Little Cayman, W Bay Bch North, Block: 17A, Parcel: 65, Area: 20, W Bay Bch North, Grand Cayman, This absolutely stunning Crystal Harbour Home was completely renovated at the end of 2018 by Michelle Butler at Design Studio. Choose the appropriate Cayman property and contact your CIREBA realtor for more details. Property Type. The absence of taxes and restrictions on foreign ownership of land makes investing in the Cayman Islands very attractive. Grand Cayman: (345) 945-4411 | Cayman Brac: (345) 325-3601 | Little Cayman: (345) 948-1083 | info@cirealty.ky Cayman real estate for public multiple listing services. Seven Mile Beach condominium development site, measuring 2.88 acres: sold for KYD45.78 million (US$54.5 million), Holiday Inn Resort (former Grand Caymanian Hotel): sold for KYD15.6 million (US$18.6 million), Ritz-Carlton Residences: a residential property was sold for KYD8.15 million (US$9.7 million), Seare Residences: a residential property was sold for KYD5.83 million (US$6.94 million), A 10,400-sq. Other areas in Cayman Islands popular with families and professionals include Jennifer Drive, Andrew Drive, Palm Heights Drive, Canal Point Drive, Parkway Drive and Whitehall Estates.eval(ez_write_tag([[250,250],'globalpropertyguide_com-leader-1','ezslot_9',128,'0','0'])); Tourism accounts for around 30% of the islands’ GDP. �The site itself is situated right on. eval(ez_write_tag([[580,400],'globalpropertyguide_com-large-leaderboard-2','ezslot_12',166,'0','0'])); The rental market is tight, especially near Seven Mile Beach in Grand Cayman, the islands´ most expensive area according to Capital Realty. Only 19 listings are available in Little Cayman. In 2018, about 47% of households in Cayman Islands rented their dwellings, up from 41.5% seven years ago, according to the Economics and Statistics Office. How much rent can be earned from Cayman Island's property, compared to the rest of Caribbean? Browse our vast selection of properties for sale in the Cayman Islands and buy the one that matches your needs at the best price. It is scheduled for completion in 2021. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 919 ㎡ in size. The country is the world´s sixth largest banking center. “The market has recovered from the downturn of 2010 and is now way beyond the previous peak.”. Currently, monthly rents range from KYD2,000 (US$2,400) to KYD9,000 (US$10,800). This lot features plenty of pri, Bodden Town, Block: 43D, Parcel: 175E, Area: 50, Bodden Town, Grand Cayman, Perfect site for a luxury home with almost 150’ on water frontage. All Rights Reserved. The Cayman Islands dollar (CI$) is pegged to the US dollar at CI$1 = US$1.20. "Cayman is a First World country in the Caribbean with a large international business community and well developed, diverse facilities including hospitals, schools, golf courses and hotels," says Charles Weston-Baker of Savills. Sort by. Access, Little Cayman West, Block: 80A, Parcel: 1I, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .41acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman East, Block: 92A, Parcel: 249, Area: 90, Little Cayman East, Little Cayman, Awesome 2 acre land parcel located on North Coast East Road in Little Cayman right across from the ocean and just past Point of Sand which is the best beach in, Little Cayman West, Block: 80A, Parcel: 1M, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .30acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman East, Block: 92A, Parcel: 334, Area: 90, Little Cayman East, Little Cayman, Large (.3277 Acre) Lot Near to Famous, Exclusive Point of Sand Beach in Little Cayman.  Perched at the Top of a Long Slope Towards the Sea with Excellent Elevat, Little Cayman West, Block: 80A, Parcel: 1A, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .66acre Beach Front Parcel in the Heart of Bloody Bay.  Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman West, Block: 80A, Parcel: 1F, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .55acre Beach Front Parcel in the Heart of Bloody Bay.� Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman East, Block: 92A, Parcel: 47, Area: 90, Little Cayman East, Little Cayman, Sunrise Cottage is a Delightful, Immaculate 2 Bedroom / 2 Bathroom Vacation Home.  Designed in the "Keys" Style the Home's Foundation is Comprised of Large Rein, Little Cayman West, Block: 80A, Parcel: 1O, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .37acre Parcel in the Heart of Bloody Bay Across the Street From the Beach.� 100Ft Away from Beach Access Road to Bloody Bay's Sugar Sand Beac, Little Cayman West, Block: 80A, Parcel: 1H, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .61acre Beach Front Parcel in the Heart of Bloody Bay.� Sugar Sand Beach Into the Water Providing Swimming, Diving, Snorkeling, Boat Access an, Little Cayman West, Block: 77A, Parcel: 36, Area: 95, Little Cayman West, Little Cayman, 800 feet \nof ocean front on this 15 acre parcel near to Salt Rocks Dock. Please keep in mind that the sale or purchase of real estate in the Cayman Islands constitutes as Relevant Financial Business for the purposes of Cayman's anti money laundering measures. Great elevation and beach pockets. Manage your subscription. List. Unique site facing Southeast for perfect morning and eveni, Prospect, Block: 23C, Parcel: 60, Area: 40, Prospect, Grand Cayman, This amazing location is secluded as it sits on\na secondary road in the very quiet, smaller community of Prospect Point. Cayman Islands real estate is considered to be one of the safest investments available, and IRG will provide the advice needed to ensure that your Cayman property investment or relocation is as safe and successful as possible. In fact, the Caymans contribute around 67% of the GDP in the financial industry making it lucrative for home investors. Recently, there has been increased interest in canal-front homes, both from home buyers and property developers, according to the Cayman Islands Real Estate Association Brokers (CIREBA). Box 30189, KY1-1201 +1 (345) 233-3000 Tourist visits from the United States and Canada continue to increase. Contact. eval(ez_write_tag([[336,280],'globalpropertyguide_com-banner-1','ezslot_8',127,'0','0'])); Canal subdivisions can be divided into five levels, depending on price and quality. Land prices continue to increase strongly in the Cayman Islands. Get GPG fortnightly newsletters delivered to your inbox. The Cayman Islands offers a wide array of properties at a variety of price points from amenity-rich beachfront condominiums on Seven Mile Beach to elite, secluded Caribbean Estates. Properties for Sale. Receive informed analyses and property offers from the world's residential markets directly to your inbox. Apartment complexes on Seven Mile Beach offering long-term rentals include George Town Villas, The Grandview, Sunset Cove, Seagull Condominiums, Laguna del Mar, Lacovia, The Sovereign and The Pinnacle. ft.). Due to a rebound in Cayman real estate market fundamentals, demand for new residential supply has increased, and as a result, Cayman developers have answered the call. Prices continue to rise in nearly all market sectors, from condos on Seven Mile Beach to interior land parcels to single-family homes. Seven Mile Beach is our most popular condo market in Cayman. There are no restrictions on foreign ownership of property in the islands. The United States accounted for more than 84% of all stay-over arrivals in Cayman Islands during the period. However in the first nine months of 2019, freehold property transfers fell both in number and value by 8.3% and 11.4%, respectively, due to limited supply. Cayman Islands Real Estate. 43% fewer single-family homes were sold in 2020 vs 2019 with the average price being 5% less than last year. A quick summary of global real estate trends. Homes listings include vacation homes, apartments, penthouses, luxury retreats, lake homes, ski chalets, villas, and many more lifestyle options. Buyers hire an attorney and notary, with fees ranging from 0.5 to 1 percent of the purchase price. Search for real estate in Cayman Islands and find real estate listings in Cayman Islands. Connect to real estate Agents in Cayman Islands on CENTURY 21 Global. To complete your registration, please click the verification link sent to: If you do not receive an email within 15 minutes, please check your spam folder or contact us for help. Likewise, approved applications fell by 15% to KYD 286.65 million (US$344.8 million) in 2018. More exposure and leads for agents and brokers. Get details of properties and view photos. 1 1 $265,000. If you deal with more than one CIREBA agent during the purchase, the sales price … We have Cayman property listings to suit your needs including Luxury Homes, Family Homes, Seven Mile Beach Condos and Land For Development. In 2018, about 47% of households in Cayman Islands rented their dwellings, up from 41.5% seven years ago, according to the Economics and Statistics Office. Watch Now. Sparing no expensive, the attenti, Savannah, Block: 27C, Parcel: 711, Area: 40, Savannah, Grand Cayman, Exceptionally large lot .84 acre offering over 440" waterfrontage!!!!!! Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,626,513 USD. propertycayman. The bulk of the new development is focused in the Seven Mile Beach area, where numerous condominium projects have sprung from the ground, with some properties commanding prices as high as $1,300 per square foot. 6 The Strand, Seven Mile Beach, Cayman Islands. Cayman Real Estate For Sale Updated and Current Real Estate MLS Listings for Sale. Fresh deals, property inspo, market know-how and behind-the-scenes real estate action! The total value of building permits for apartments in Grand Cayman dropped 4.3% y-o-y to KYD59.8 million (US$71.81 million) over the same period. In Grand Cayman, residential building permits fell by 10% in 2018 from a year earlier, according to Cayman Islands Planning Department.eval(ez_write_tag([[300,250],'globalpropertyguide_com-medrectangle-4','ezslot_1',123,'0','0'])); Likewise, the value of approved developments in Cayman Islands declined by 5.8% y-o-y to KYD 752.3 million (US$ 903.4 million) in 2018. Over the same period, cruise arrivals fell by 5.9% to 1,332,159 tourists. eval(ez_write_tag([[300,250],'globalpropertyguide_com-box-4','ezslot_6',124,'0','0'])); “This would indicate that the decrease in the number of sales is a result in a lack of inventory rather than diminishing demand,” noted Charterland, Ltd adding that prices in the Seven Mile Beach continue to soar. If you’re wanting to invest in residential real estate or commercial real estate, Cayman Islands real estate has everything you need. In Q2 2015, residential property prices in the Cayman Islands range from KYD287,000 (US$350,000) to KYD9.84 million (US$12 million), based on figures from CIREBA, the largest property portal in Cayman Islands. Browse Our Cayman Islands Real Estate Listings. In recent years the mortgage market has shrunk to just 39.9% of GDP in 2018, from almost 60% of GDP in 2012, despite the continuous growth in the total value of outstanding property loans to households. Upscale residential areas outside Seven Mile Beach include the South Sound, a posh area close to schools, and George Town. The minimum loan amount is US$100,000. Overview of the real estate prices in Little Cayman, Cayman Islands Searching homes for sale in Little Cayman, Cayman Islands has never been more convenient. List your company on Global Property Guide. Economic growth averaged 2.4% from 2012 to 2017. The value of permits for houses in Grand Cayman fell by 13.3% y-o-y to KYD93.5 million (US$112.27 million) in 2018 from a year earlier. In 2018 property transfers on the open market were up 9% to 857, the highest level since 2005, according to Charterland, Ltd, with transaction values up 17.8% to KYD800 million (US$962.3 million). Distant views of the sea from this inland \nparcel. 51 Total Results. A two and three-bedroom condominium unit on Seven Mile Beach rents for about KDY2,100 (US$2,500) to KDY4,600 (US$5,500) per month. ... Price from. Prices range from US$600,000 to US$1.6 million. Login or Register to submit a comment! The Terraces, located in the Camana Bay, also offers 63 apartments for long-term rental, with monthly rents starting from KYD2,100 (US$2,500) for a one-bedroom unit. In 2018, the average foreclosure rate dropped to 1.6%, from 2.1% a year ago. However economic growth has been modest since then. As part of a global network with over 100,000 agents working in 74 countries, we know what it takes to surpass your expectations and we do it every time. The total value of permits for houses was down by 13.3% and by 4.3% for apartments and condominium units. !  220" @ seawall/canal ready for any size dock PLUS over 200' of sandy beach North Sound, Lower Valley, Block: 32D, Parcel: 126, Area: 50, Lower Valley, Grand Cayman, This large .34 acre parcel is available, for now, but not for long, as property in this developing area has been in high demand. Cayman Islands Real Estate - Homes for Sale: from $31,700 in Cayman Islands | Point2. 6 new developments in the Cayman Islands Show new developments only CI$ 884,780 - CI$ 884,780 Indigo bay A centrally located pre-construction development, perfectly suited for families The introduction of medical tourism has attracted tourists in the past several years. Articles, news, and info about Cayman’s ever-changing property market. Global Property Guide moderates commetns on all articles. easyCayman has real estate listings for thousands of homes for sale and rent across the Cayman Islands. Search . However, Caymanians are offered longer periods of between 30 to 40 years. Grand Cayman Real Estate $304,000 Grand Cayman, Cayman Islands 0.43 acre seafront lot for sale in Grand Cayman located in the sought after community of Sunrise Landing in Savannah, Grand Cayman. From 2008 to 2010, the spillover effects of the global financial meltdown caused real GDP to fall by 7% in 2009 and another 2.7% in 2010. During the past decade, the movement of the average value of property transfers has been erratic because large-scale acquisitions by property developers distorted the market. For instance in 2011, Dart Group made significant acquisitions representing about 28% of the total value of all property transfers. A two and three-bedroom condominium unit on Seven Mile Beach rents for about KDY2,100 (US$2,500) to … “We are into unchartered territory in the property market,” said Simon Watson of Charterland. Mortgage interest rates in the Cayman Islands are typically tied to the prime rate set by the Cayman Islands Monetary Authority (CIMA), which follows the US Fed funds rate, but are one or two percentage points above the current prime rate. 286.65 million ( US $ 10,800 ) South Sound, a posh area close to schools, where...,... price list COMMUNITY has everything you need informed analysis on world property through. Rent across the Cayman Islands ’ property market is growing again rapidly Road P.O House. Is easy and it works for you or commercial real estate, Cayman Islands real estate in International... 53 ) and Apartment ( 18 ) estate and NCB Group,... price list COMMUNITY attracted in! Apartment ( 18 ) 8 % y-o-y to US $ 1.6 million ㎡... 628 West Bay Road P.O from Cayman Island, compared to the rest of Caribbean, property. 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Estate - homes for Sale residential real estate listings in Cayman Islands: See all Agents in Islands...
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