Search for real estate in Cayman Islands and find real estate listings in Cayman Islands. The most expensive housing is along Seven Mile Beach, a coral-sand beach on the western end of Grand Cayman island. Total visitor spending increased 8% y-o-y to US$ 700.9 million in the first three quarters of 2019. Sale West Bay. propertycayman. The country is the world´s sixth largest banking center. Search Cayman Islands Property for Sale. Connect to real estate Agents in Cayman Islands on CENTURY 21 Global. There are no restrictions on foreign ownership of property in the islands. Cayman Real Estate For Sale Updated and Current Real Estate MLS Listings for Sale. Our site is the ultimate place to discover property for sale in the Cayman Islands for buyers drawn to this âcarefree corner of the Caribbeanâ. The United States accounted for more than 84% of all stay-over arrivals in Cayman Islands during the period. ft.). RE/MAX Cayman Islands Seven Mile Shops, West Bay Road Grand Cayman, Cayman Islands P.O. Business. 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 150â on water frontage. 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. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,626,513 USD. Seven Mile Beach is our most popular condo market in Cayman. 2 Bedrooms 2 Full Baths 1,200 Sq. Engel Volkers Cayman Islands are apart of CIREBA and the MLS system. 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. Land prices continue to increase strongly in the Cayman Islands. ... Price Upon Request. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,645,400 USD. Approved residential applications fell 15% to KYD 286.65 million (US$344.8 million). Little Cayman West, Block: 80A, Parcel: 1N, Area: 95, Little Cayman West, Little Cayman, Rare North Facing .34acre 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: 77A, Parcel: 42, Area: 95, Little Cayman West, Little Cayman, 25 Acre Waterfront Parcel Covering 50% of the Western Edge of Little Cayman.� 1850 feet of Water Frontage Varying Between Sandy Beach and Flat Rock Ironshore.�, Little Cayman West, Block: 77A, Parcel: 16, Area: 95, Little Cayman West, Little Cayman, 17 acres of gentle slope from almost mid-spine of Island south to just \nshort of south coast road. ft. single family dwelling located on a 1.4 acre beachfront site on South Sound: sold for KYD4.96 million (US$5.91 million). 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. 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). “The market has recovered from the downturn of 2010 and is now way beyond the previous peak.”. The maximum loan-to-value (LTV) ratio is 70% of the property´s appraised value, with a maximum term of around 10 to 15 years. Browse Our Cayman Islands Real Estate Listings. Cayman Islands Real Estate - Homes for Sale: from $31,700 in Cayman Islands | Point2. 43% fewer single-family homes were sold in 2020 vs 2019 with the average price being 5% less than last year. Brought to market by Dart Real Estate and NCB Group, ... Price list COMMUNITY. Login or Register to submit a comment! If youâre wanting to invest in residential real estate or commercial real estate, Cayman Islands real estate has everything you need. Grand Cayman: (345) 945-4411 | Cayman Brac: (345) 325-3601 | Little Cayman: (345) 948-1083 | info@cirealty.ky Choose the appropriate Cayman property and contact your CIREBA realtor for more details. We have 61 luxury homes for sale in Cayman Islands. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 943 ã¡ in size. 1 1 $265,000. 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. The total value of permits for houses was down by 13.3% and by 4.3% for apartments and condominium units. Buyers hire an attorney and notary, with fees ranging from 0.5 to 1 percent of the purchase price. "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. easyCayman has real estate listings for thousands of homes for sale and rent across the Cayman Islands. Get details of properties and view photos. Manage your subscription. In 2018, the economy grew by 3.3%, up from the prior year’s 3% growth and the highest expansion since 2006, according to the Economics and Statistics Office (ESO). The introduction of medical tourism has attracted tourists in the past several years. 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. In addition, several new hotels are being built, ranging from Mandarin Oriental’s second Caribbean hotel to a new Grand Hyatt-branded residential resort and a Hilton project. In other areas, prices are lower, ranging from KYD100,000 (US$122,000) to KYD2 million (US$2.44 million) over the same period. Properties for Sale. Follow the latest developments in the international property markets through the Global Property Guide newsletter. Search for Cayman Islands luxury homes with the Sothebyâs International Realty network, your premier resource for Cayman Islands homes. There is also a growing interest from Europeans and South Americans. 51 Total Results. However, Cayman⦠Learn what returns you are likely to earn, and where are the best opportunities. Search properties in Cayman islands like single family home, condos, apartments, vacant land, etc. Luxury homes in Cayman Islands have between 1 and 11 bedrooms and averages 919 ã¡ in size. Explore a large selection of Cayman Islands Real Estate. 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. �The site itself is situated right on. The real estate market. For sale by Owners, Developers, International Agents, Real Estate Agencies, Law Firms, Accountants, Portals, Cayman Islands Real Estate Association Brokers, http://www.charterland.ky/wp-content/uploads/2019/03/CPR-charterland-2018-web-final.pdf, https://www.globalpropertyguide.com/Caribbean/Cayman-Is/Rental-Yields, https://www.caymancompass.com/2019/04/29/new-74-home-canalfront-development-planned/, https://www.caribjournal.com/2019/05/06/cayman-islands-record-tourism/, https://www.visitcaymanislands.com/Visitcaymanislands.com/media/Documents/2019-9Month-Snapshot.pdf, https://www.eso.ky/UserFiles/page_docums/files/uploads/the_cayman_islands_annual_economic_repor-2.pdf, https://www.eso.ky/UserFiles/right_page_docums/files/uploads/the_cayman_islands_compendium_of_statist-10.pdf, http://www.caymanlandinfo.ky/AboutUs/Statistics/2019Statistics/tabid/269/Default.aspx, https://www.caymancompass.com/2019/03/10/property-sales-hit-new-record-amid-real-estate-boom/, https://www.eturbonews.com/450283/cayman-islands-performance-indicates-sustained-tourism-growth/, https://www.caribjournal.com/2019/11/24/cayman-islands-tourism-flocking/, Property prices are rising strongly in Cayman Islands, Cayman Islands' housing market is gaining momentum. We have Cayman property listings to suit your needs including Luxury Homes, Family Homes, Seven Mile Beach Condos and Land For Development. Over the same period, cruise arrivals fell by 5.9% to 1,332,159 tourists. Upscale residential areas outside Seven Mile Beach include the South Sound, a posh area close to schools, and George Town. 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. Free advice on real estate including hot locations and ⦠Articles, news, and info about Caymanâs ever-changing property market. Great elevation and beach pockets. As the most recognised brand in real estate globally for the past two decades, CENTURY 21 Cayman Islands defies mediocrity to consistently deliver extraordinary experiences. Only 19 listings are available in Little Cayman. 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. Cayman Islands offer good rental yields, ranging from 5%-7% along the Seven Mile Beach to 7.5%-8.2% in other beach communities in Grand Cayman, based on Global Property Guide research. @ 2004-2021 Global Property Guide. 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. Cayman Islands rentals, condo rentals, apartment rentals, home rentals, and vacational rentals. The Cayman Islands is one of the most affluent countries in the Caribbean. O: 623-9999 Member of CIREBA Contact Us Today 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. Watch Now. Choose which of CIREBA's dedicated property professionals can help you best. Sparing no expensive, the attenti, Savannah, Block: 27C, Parcel: 711, Area: 40, Savannah, Grand Cayman, Exceptionally large lot .84 acre offering over 440" waterfrontage!!!!!! How much rent can be earned from Cayman Island's property, compared to the rest of Caribbean? The absence of taxes and restrictions on foreign ownership of land makes investing in the Cayman Islands very attractive. If you deal with more than one CIREBA agent during the purchase, the sales price ⦠Price to. 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. Browse the Cayman Islands real estate property listings. In 2018, the average foreclosure rate dropped to 1.6%, from 2.1% a year ago. Another example is that of Safe Haven, though the canal-front properties there are leasehold. 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. 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. The Cayman Islands Largest Real Estate Portal with CaymanPropertyMLS.com you can search the widest selection of properties for sale in the Cayman Islands through our network of member companies. The economy finally recovered in 2011, with a real GDP growth rate of 1.2%. Skip to main content. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. Compare countries on 4 financial dimensions, Contributing is easy and it works for you. You can expect that your comment will be published within 24 hours. Grand Cayman Real Estate $304,000 Grand Cayman, Cayman Islands 0.43 acre seafront lot for sale in Grand Cayman located in the sought after community of Sunrise Landing in Savannah, Grand Cayman. ... Banks usually ask for deposits of between 10%â35% as a contribution towards the purchase price or construction cost. Box 10271 Grand Cayman, KY1-1003 6 new developments in the Cayman Islands Show new developments only CI$ 884,780 - CI$ 884,780 Indigo bay A centrally located pre-construction development, perfectly suited for families 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. One Canal Point recently broke ground on a canalfront development site opposite Foster’s Food Fair, which includes 17 townhomes, 38 one-bed apartments, and 19 two-bed apartments. The Cayman Islands Largest Real Estate Portal. 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). “We are into unchartered territory in the property market,” said Simon Watson of Charterland. Compare. A quick summary of global real estate trends. In Grand Cayman, residential building permits fell by 10% in 2018 from a year earlier. Search . Financial Overview: Property in Cayman Is. At least 75% of homebuyers in Cayman Islands come from the United States and Canada. 4 4.5 $3,500,000. Get GPG fortnightly newsletters delivered to your inbox. Real estate in the Cayman Islands where you can buy condos, waterfront property, seafront condos, development land parcels. 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