May 12, 2016
Morritt’s on a roll with construction
Morritt's resort in East End, Grand Cayman, Cayman Islands expanding.
Insights & Expertise
May 12, 2016
November Market Update
James discusses the objectiveness of the new Cayman Islands Permanent Residency Point system but questions the fairness of the 5 year time frame used to calculate investment in property.
May 12, 2016
June 2015 Market Update
Following our analysis in the previous two months of the types of properties available on the Seven Mile Beach corridor, split by price range, this month I want to focus on high end single residential property and why I believe right now the environment is conducive for us to see greater movement in this area of the market.
May 12, 2016
The WaterColours named ‘Best Development Multiple Units’ in the Caribbean
On December 7th over 100 countries were represented at the prestigious International Property Awards 2012 in London, England, where a select number of property professionals were awarded for their excellence.
May 12, 2016
Cabinet minister: New hotel plans under discussion for Cayman
New hotel plans for Cayman, confidence in Cayman has spread to the cruise sector
May 12, 2016
Landfill project to span two governments
The completion of Cayman's comprehensive waste management project remains several years away.
May 12, 2016
Dart unveils $300m Camana Bay plan
As published in the Cayman Compass: 3 FEBRUARY, 2015 A section of the Esterley Tibbetts Highway will be expanded to four lanes and shifted to the west. Dart Realty has unveiled its plans for a dramatic $300 million expansion to Camana Bay, using broad landscaped
May 12, 2016
July 2015 Market Update
The Why : high end condominium vs. high end home While condominiums in the Seven Mile Beach corridor are considerably higher in price per square footage in comparison to single family homes in highly sought after places such as beachfront/canal front/waterfront locations, I believe the pricing
April 19, 2016
April 2016 Market Update
The recently released IRR Viewpoint Caribbean Market Update 2016 Annual Report, written by James V. Andrews of Integra Realty Resources Caribbean, highlights some interesting discussion points when it comes to the state of Caribbean economies, especially in relation to real estate.
March 9, 2016
March 2016 Market Update
As recently as October 2015 I wrote how I saw the $2 million plus area of the residential homes market as remaining a difficult one for buyers to sell their properties in the short term. These properties are not moving anywhere near to the degree of other inventory, I wrote. Indeed, only ten homes of $3 million and above had been sold over the past three years. However, I also noted that I felt the market was about to change: Going forward, however, I see this becoming less of an issue. This is because desirable parcels of land are becoming increasingly less available. I went on to say that I believe as a result there will be a shift in the coming months and properties in the $2.5 million region will become a lot more appealing.