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Updated by PrimeLocationsCayman on Dec 31, 2019
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Prime Locations Cayman blog

Prime Locations Cayman is the most trusted real estate company for buying and selling Cayman Property. A straightforward approach to fulfill customer’s needs.

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A Step by Step Guide to Buying a House in Cayman Islands

A Step by Step Guide to Buying a House in Cayman Islands

Buying a house in the Cayman Islands is an opportunity to own real estate in one of the most beautiful, friendly and exclusive destinations in the world.

A sophisticated real estate market compared to other Caribbean islands, buying property in the Cayman Islands is typically a straight-forward process.

Here is a step-by-step guide to make the exercise easy.

BUDGET

RESEARCH

FIND A GOOD REALTOR

CLOSE THE DEAL

Source Link : http://www.primelocationscayman.com/real-estate-blogs/a-step-by-step-guide-to-buying-a-house-in-cayman-islands

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Why Solar Power Can Help Increase Your Resale Value

Why Solar Power Can Help Increase Your Resale Value

When you purchase Cayman Islands real estate, you are investing in real estate in one of the most exclusive real estate markets in the Caribbean. By giving careful consideration to the type and location of Cayman Islands properties for sale, you have an excellent opportunity to buy a home that will generate a terrific return on investment.

Here are five top features that island buyers typically describe as most important to them when considering Cayman Islands real estate for sale:

  • Modern and well-appointed kitchens and bathrooms
  • Professionally landscaped and well maintained grounds
  • New, hurricane rated windows and roof
  • Wood or ceramic floors
  • Energy efficiency

Source link : http://www.primelocationscayman.com/real-estate-blogs/why-solar-power-can-help-increase-your-resale-value

3

Planning to buy a property in Grand Cayman? Prime Locations can help!

Planning to buy a property in Grand Cayman? Prime Locations can help!

Buying a property is a significant investment so it is important to understand the advantages and pitfalls that can come with any real estate purchase. The Cayman Islands economy has grown rapidly in recent years, prompting a growing number of people to invest in Grand Cayman property. Transactions have been driven by offshore investors looking to acquire a vacation home and generate capital appreciation on their property, and those seeking to gain full time residency in Grand Cayman.

There are many turnkey and under-construction homes for sale in Grand Cayman and the sister islands. Prime Locations is experienced and skilled at helping buyers determine which property best meets their real estate investment goals. The first step in the process is introducing buyers to the different neighbourhoods on Grand Cayman. Each area features unique benefits and collectively, there is almost certainly to be a neighbourhood that is right for you.

Source Link : http://www.primelocationscayman.com/real-estate-blogs/planning-to-buy-a-property-in-grand-cayman-prime-locations-can-help

4

The importance of a home inspection

The importance of a home inspection

There are many magnificent Cayman Islands properties for sale that feature stunning locations and beautiful sea views, and equally comfortable family homes and condos in lovely neighbourhoods on Grand Cayman.

The curb appeal of these properties often compels prospective buyers – particularly those new to Grand Cayman - to quickly submit an offer for purchase. However, it is important to take time to do proper diligence and consider factors such as location, lifestyle and carrying costs before making a major investment in Cayman Islands real estate.

When it comes to location, take time to consider proximity of the property to work, schools, grocery stores and amenities important to your lifestyle.

Source link : http://www.primelocationscayman.com/real-estate-blogs/the-importance-of-a-home-inspection

5

Five Tips for Finding a Good Cayman Islands Real Estate Agent

Five Tips for Finding a Good Cayman Islands Real Estate Agent

Buying real estate can be exciting, and yet it is often a stressful exercise as well. Whether you are buying your first home, or a luxury beachfront condo, it is important to work with an experienced realtor who understands your needs and also the local market.

Cayman Islands has a well-developed real estate industry, and a number of franchise and boutique agencies with which to work. Most agencies offer very similar services, so the important decision is to work with a realtor that you like and trust.

Take time to find a Cayman Islands realtor that you feel will best help you find the property you are searching for. Here are five tips to help you find that individual.

1. Interview at least three different realtors.
2. Ask the realtor what they expect of you.
3. Ask the realtor to demonstrate their market knowledge.
4. Request references.
5. Learn how many clients they are working with.

Source link : http://www.primelocationscayman.com/real-estate-blogs/five-tips-for-finding-a-good-cayman-islands-real-estate-agent

6

How to Choose the Right Cayman Islands Real Estate Broker

How to Choose the Right Cayman Islands Real Estate Broker

Cayman Islands offers some of the most exclusive real estate in the Caribbean. Discerning buyers know that when it is time to invest in Caribbean luxury real estate, Cayman Islands should be at the top of the list of island destinations to consider. This British Overseas Territory features excellent infrastructure, a good quality of life, a low crime rate and a wide selection of real estate choices.

Prospective buyers sometimes find navigating the Cayman luxury property market a challenge, simply because there are so many wonderful choices available! Beachfront condos, private villas, development lands for custom built residences, island hideaways…the choices abound. That’s why it is important to work with a qualified and experienced Cayman Island realtors.

Source link : http://www.primelocationscayman.com/real-estate-blogs/how-to-choose-the-right-cayman-islands-real-estate-broker

7

Cayman Islands Economic Growth Continues

Cayman Islands Economic Growth Continues

The Cayman Islands economy continues to be a strong performer, thanks to a growing population (now in excess of 60,000 people) and several new commercial developments. These include – in part – expansion of retail and office space at Camana Bay, the construction of the Kimpton Hotel, which is scheduled to open in late 2016, the revitalization of the Treasure Island Resort on Seven Mile Beach, and expansion to Health City facilities and related residential properties.

The jobs related to these and other projects on Grand Cayman have stimulated the residential housing market. Demand for homes, rental properties and land for new build projects continues to grow.

This is an ideal time to buy property in Grand Cayman. Property prices have increased since the 2008 recession, but there are still excellent opportunities to acquire good real estate investments at fair prices. For more information on current market trends and to view properties for sale visit Prime Locations Cayman at www.primelocationscayman.com.

Source link : http://www.primelocationscayman.com/real-estate-blogs/cayman-islands-economic-growth-continues

8

Infographic about Living in Grand Cayman

Infographic about Living in Grand Cayman

If you are planning to relocate to the Cayman Islands, then you can rest assured that you are taking a step in the right direction. Certainly it is a sound decision to relocate here as living in Grand Cayman is a joyful experience. In case you are moving to Grand Cayman without a definite place to stay in mind, there’s nothing to worry since there is ample Cayman Islands real estate available. For those who plan retiring in Grand Cayman, you will be surprise there’s and Encouraging and active lifestyle amidst an encouraging and equally diverse community awaiting you.

Source link : http://www.primelocationscayman.com/real-estate-blogs/infographic-about-living-in-grand-cayman

9

Looking for Luxury Condos for Sale in the Cayman Islands?

Looking for Luxury Condos for Sale in the Cayman Islands?

Interest in Cayman Islands real estate has increased significantly over the past few years, owing to several factors, including the islands’ healthy economy, robust real estate market, stable government and welcoming environment.

Also, the location of the Cayman Islands, just 450 miles from Miami, adds to the attraction, as the islands are easily accessible from anywhere in the world. As of late last year, the islands attracted nearly 2 million tourists, according to official reports. The popularity of the islands among visitors has led to a boom in new residential and resort developments, increased business development, new infrastructure and upscale shopping, dining and related services. The British territory is consistently favored by expats as a place to invest, live, work and play.

Notably, Cayman property sales have set records over the past two years, according to information from the Cayman Islands Real Estate Brokers Association (CIREBA).

Seven Mile Beach condos continue to see robust sales – as well as new development and renovations – and West Bay is increasing in popularity, as are areas across Grand Cayman. Luxury condos are available in Savannah, Rum Point and Prospect, among other areas.

Source link : http://www.primelocationscayman.com/real-estate-blogs/looking-for-luxury-condos-for-sale-in-the-cayman-islands

10

Why Cayman Is The Best Place To Invest Money

Why Cayman Is The Best Place To Invest Money

In 1970, Cayman Islands were a backwater in the Caribbean – the population was less than 10,000 people, and the country had minimal commerce and no natural resources. With so little happening in Cayman, there was also no crime, no racial tension, no government corruption and only the most basic of laws. In addition, in its 500-year history, Cayman Islands had never had any direct taxation of any kind – ever.

But it was this very unique set of attributes that suggested to those in the worldwide financial industry that Cayman Islands was an undiscovered jewel – a proverbial diamond in the rough.

Cayman Islands did have beautiful white sand beaches and pristine, unspoiled underwater attractions, but the value to those in the financial industry was that, with no old, outdated laws, no ponderous governmental structure, and greater tax freedom than any other destination, all that was needed was the introduction of the simplest and most client-friendly investment structure, and Cayman Islands could become a highly significant jurisdiction that would attract investors from around the world.

And so, it was created. The re-born Cayman Islands was immediately successful, as it ticked virtually all the boxes for investors who previously had to spread out their wealth across the globe in order to get all the features they desired, since no one jurisdiction offered them all.

Source link : http://www.primelocationscayman.com/real-estate-blogs/why-cayman-is-the-best-place-to-invest-money

11

Best Place to Buy a Caribbean Beach House? Cayman Islands

Best Place to Buy a Caribbean Beach House? Cayman Islands

The Caribbean Journal has identified Cayman Islands as one of the best places to buy a beach house in the Caribbean.

With good reason! From world famous Seven Mile Beach to quiet inlets and family islands prstine stretch of sand, Cayman Islands offers an impressive selection of Caribbean beach houses. The Grand Cayman real estate market includes everything from picturesque, traditional Grand Cayman cottages to modern beachfront residences.

There's even more reasons why Grand Cayman is one of the best places to buy a Caribbean beach house. These include a fabulous year-round climate, a variety of things to do on every visit on land and on sea, and a wonderful CaymanKind spirit that makes part-time resdients feel at home.

Source link : http://www.primelocationscayman.com/real-estate-blogs/best-place-to-buy-a-beach-house-cayman-islands

12

Santosha Open House 2.0 - Alex Panton Foundation Fundraiser

Santosha Open House 2.0 - Alex Panton Foundation Fundraiser

Charity starts at home. We believe in giving back and supporting our community. We are honored to host a yoga session at our upcoming "Open House Santosha 2.0- Alex Panton Foundation Fundraiser" to raise awareness and funds for this great cause. There is a stigma attached to mental health making it hard for a teenager or even an adult to talk about their anxiety or depression. The Alex Panton Foundation provides a safe space and an outlet for anyone that needs support. The foundation has great initiatives established for our community including a youth ambassador program and emotion literacy programs for kids. The foundation also helps to teach coping skills to manage anxiety and depression. Yoga is considered to be a great way to calm your mind, and reduce your anxiety.

Finding Peace In A Fast-Paced World
The world we live in is fast-paced, pressures are high, and anxiety due to stress is becoming more common. Many of us can relate to the feeling of just wanting to come home to a peaceful environment and escape the stress and busyness of our daily lives. Your home should be a place that you feel safe, comfortable and can unwind from a long and stressful day. It is important that where you reside, has an environment that allows you to nurture and take care of your mind, body, and spirit. Santosha is a breathtaking home, nestled in the hills of High Rock, East End.

Source link : http://www.primelocationscayman.com/real-estate-blogs/santosha-open-house-20-alex-panton-foundation-fundraiser

13

10 Things to Consider Before Choosing a Real Estate Agent in the Cayman Islands

10 Things to Consider Before Choosing a Real Estate Agent in the Cayman Islands

Buying or selling a house is an exciting experience and one of the most important decisions for anyone, especially on financial terms. To seal a sound deal, it is better to rely on a real estate agent who is well aware of the ins and outs of the Cayman Islands real estate market to enhance your overall experience. The agent also oversees the negotiation, assists you in buying/selling procedure and relieves you from apprehensions.

The Cayman Islands being the prime location for property investors, it is more often a challenge to find the right real estate agent. Cut through the marketing hype and find the best real estate agent in the Cayman Islands with our checklist comprising of ten things you should consider before picking a real estate agent.

  1. Person over experience
  2. Knowledge is the Key
  3. Current listings
  4. Referrals from other homeowners
  5. Clear Communication
  6. Compassion and Honesty
  7. Access to right tech tools
  8. Research online
  9. Can you trust the person?
  10. Don't ignore your intuitions

Source link: http://www.primelocationscayman.com/real-estate-blogs/10-things-to-consider-before-choosing-a-real-estate-agent-in-the-cayman-islands

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How Cayman Islands Real Estate can be a Smart Edition to a Real Estate Portfolio

How Cayman Islands Real Estate can be a Smart Edition to a Real Estate Portfolio

Many people dream of buying property in the Cayman Islands for obvious reason; the opportunity to “live the dream” and have a property in a sun destination. The opportunity to own a home or vacation property in the Caribbean is often the realization of a lifetime of hard work and a well-deserved reward.

However, for a growing number of individuals who are considering buying property in Grand Cayman, lifestyle is not the only motivation to purchase. Cayman Islands are becoming one of the preferred Caribbean real estate markets for property investment too.

Here are five reasons why Cayman Islands real estate can be a smart edition to a real estate portfolio.

  • Grand Cayman Economy is Booming
  • Tax Free
  • Property Value Appreciation

Source link: http://www.primelocationscayman.com/real-estate-blogs/how-cayman-islands-real-estate-can-be-a-smart-edition-to-a-real-estate-portfolio