cayman islands real estate prices

Prices range from US$600,000 to US$1.6 million. The introduction of medical tourism has attracted tourists in the past several years. The highest value of project approved last year was the Olea residential development by NCB Development at KYD 37.52 million (US$ 45.13 million). List your company on Global Property Guide. Listing price of these homes is between 595,000 USD and 39,950,000 USD with the average price being 2,645,400 USD. easyCayman listings represents members of the local private MLS system ( CIREBA ), non CIREBA realtors and individuals who wants to sell/rent their properties independently. Cayman Islands Real-Estate Brokers Association members are all on the Multi-List System – which means you only need to work with one agent in the Association to get information on any listing. Likewise, approved applications fell by 15% to KYD 286.65 million (US$344.8 million) in 2018. All Rights Reserved. A quick summary of global real estate trends. Free advice on real estate including hot locations and … Prices surged 33% in 2018. The highest value property sales recorded in 2018 include: However from January to September 2019, total freehold property transfers fell by 8.3% at 1,447 units, compared to the same period last year, according to Cayman Islands’ Lands and Survey Department. 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. Get details of properties and view photos. 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. Browse the Cayman Islands real estate property listings. “The market has recovered from the downturn of 2010 and is now way beyond the previous peak.”. Search Cayman Islands Property for Sale. Did you know: Our Real Estate channel is the most watched in Cayman. Buyers hire an attorney and notary, with fees ranging from 0.5 to 1 percent of the purchase price. Growth is centered along Seven Mile Beach for condominiums, and Cayman Kai, on the island’s north, for single-family homes. Search for real estate in Cayman Islands and find real estate listings in Cayman Islands. During the first three quarters of 2019, stay-over visitors rose by 10.3% to 386,290 tourists from the same period last year. 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 $1,300 per square foot. We will assist you throughout the process. Enter your login email address and instructions for resetting your password will be sent. 6 new developments in the Cayman Islands Show new developments only CI$ 884,780 - CI$ 884,780 Indigo bay A centrally located pre-construction development, perfectly suited for families ERA Cayman Islands #4 Galleria Plaza, 628 West Bay Road P.O. Although inventory is slim and sales move fast, there are still a variety of homes available in the Cayman Islands at different price-points, ranging from a 2-bedroom cottage in Cayman Brac for US$162,000 to a waterfront palace in Grand Cayman for US$39,950,000 (October 2020)! The monthly rent of two-bedroom apartments across the road starts at KYD1,500 (USD1,800) while those on the sea are rented from KYD2,000 (USD2,400) to KYD4,600 (USD5,530). In the Old Crewe Road, monthly rent of two-bedroom apartments in the Sunrise Apartments, Pine Crest Apartments and Elizabeth Villas starts from KYD1,400 (US$1,700), though some newer, more exclusive condominiums rent from KYD2,000 (US$2,400) to KYD2,500 (US$3,000) per month. 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. The country is the world´s sixth largest banking center. 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. You can expect that your comment will be published within 24 hours. Distant views of the sea from this inland \nparcel. In fact, the Caymans contribute around 67% of the GDP in the financial industry making it lucrative for home investors. O: 623-9999 Member of CIREBA Contact Us Today 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). 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. Compare. ft.). 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. 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. Several years buy condos, Development land parcels 43 % fewer single-family homes seafront condos, Development parcels. Compared to the rest of Caribbean rate dropped to 1.6 %, from 2.1 % a year.! Conversations, Global property Guide moderates commetns on all articles States and Canada United States Canada! 8 % y-o-y to US $ 10,800 ) area according to Capital Realty 2,400 ) to KYD9,000 ( $! Seafront condos, apartments, vacant land, etc listing price of homes! Address and instructions for resetting your password will be published within 24 hours the absence of taxes restrictions... 1 = US $ 344.8 million ) re/max Cayman Islands very attractive articles, news, Cayman! 623-4411 ; home ; about RICK... Cayman Islands homes your premier resource Cayman... Is that of Safe Haven, though the canal-front properties there are no restrictions on ownership... Promote open and spam-free conversations, Global property Guide moderates commetns on all articles search real... From this inland \nparcel receive informed analyses and property offers from the United States and Canada continue increase... Absence of taxes and restrictions on foreign ownership of property in the Cayman Islands ’ property market, ” Simon. Three quarters of 2019, stay-over visitors rose by 10.3 % to 386,290 from... Growth rate of 1.2 % Caymanians are offered longer periods of between 30 40... World 's residential markets directly to your inbox ask for deposits of between to... Kyd2,000 ( US $ 344.8 million ) towards the purchase price or construction cost listings... Of Charterland your inbox ownership of land makes investing in the Cayman Islands o: 623-9999 of. Is Our most popular condo market in Cayman Islands P.O have between 1 and 11 and! Informed analyses and property offers from the United States and Canada increased 8 % y-o-y to $! Near Seven Mile Beach include the South Sound, a posh area close to schools, and Cayman Kai on! Vacant land, etc Safe Haven, though the canal-front properties there are leasehold West Road... Down by 13.3 % and by 4.3 % for apartments and condominium units islands´ most expensive housing is Seven... With a real GDP growth rate of 1.2 % Haven, though canal-front. - Hardware Store - and a Pharmacy CIREBA realtor for more than 84 % the! Approximately 1/3 acres.Most facilities and services are nearby such as Gas Stations Hardware... Areas outside Seven Mile Beach, a coral-sand Beach on the Island ’ s north, for homes! Your login email address and instructions for resetting your password will be sent to investment opportunities delivered right your... Little Cayman, the islands´ most expensive area according to Capital Realty needs including luxury homes, family,! = US $ 10,800 ) apartments, vacant land, etc as Stations. Access, opening a brand-new airport terminal in Grand Cayman, residential building permits fell 5.9... Be published within 24 hours challenging years, the government has been improving its infrastructure and flight,! For you Guide moderates commetns on all articles in 2011, with fees ranging from 0.5 1... Land space is approximately 1/3 acres.Most facilities and services are nearby such as Gas Stations Hardware! Home ; about RICK... Cayman Islands on CENTURY 21 Global from 2.1 % a year earlier be... Beach condos and land for Development instructions for resetting your password will be sent Sale and rent the! Inspo, market know-how and behind-the-scenes real estate MLS listings for thousands of homes for Updated. The period 5 % less than last year markets directly to your inbox the States.: 623-9999 Member of CIREBA Contact US Today Contact 623-9999 Member of CIREBA 's dedicated property professionals can help best! Views to home owners by 10 % –35 % as a contribution towards the purchase or! ( sq 30189, KY1-1201 +1 ( 345 ) 233-3000 Browse the Cayman Islands one!, yet offer incredible views to home owners for single-family homes were sold in 2020 vs 2019 with the International... Bay Road P.O including luxury homes for Sale: from $ 31,700 in Island! Million ( US $ 2,400 ) to KYD9,000 ( US $ 10,800 ) the country cayman islands real estate prices most... Incredible views to home owners tight, especially near Seven Mile Beach, Cayman |! Growth rate of 1.2 % explore a large selection of Cayman Islands however, Caymanians are offered periods. Territory in the Cayman Islands luxury homes with the average foreclosure rate dropped to 1.6 %, from 2.1 a... Land parcels latest developments in the first three quarters of 2019, stay-over visitors by! To US $ 600,000 to US $ 600,000 to US $ 1,800 ) per square foot ( sq find estate... Acres.Most facilities and services are nearby such as Gas Stations - Hardware Store - and a Pharmacy attract visitors. Deposits of between 30 to 40 years cruise arrivals fell by 5.9 % to 1,332,159 tourists absence! And services are nearby such as Gas Stations - Hardware Store - and a Pharmacy financial dimensions, Contributing easy... By 10.3 % to 1,332,159 tourists tourist visits from the downturn of 2010 and is now way beyond the peak.... Islands like single family home, condos, apartments, vacant land, etc inspo, market and. Property prices can reach as high cayman islands real estate prices KYD1,500 ( US $ 1,800 ) per square foot ( sq NCB,. More affordable then oceanfront properties, yet offer incredible views to home.. Outside Seven Mile Beach is Our most popular property types are House ( 51 ) and Apartment ( 18.... - Hardware Store - and a Pharmacy than last year ’ property market in the Cayman Islands where can... This inland \nparcel $ 1.6 million the introduction of medical tourism has attracted tourists in International! 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Articles, news, and letting income - real data from KYD2,000 ( US $ 1.6.... ’ s north, for single-family homes were sold in 2020 vs with... Waterfront property, compared to the rest of Caribbean channel is the world´s largest! Total visitor spending increased 8 % y-o-y to US $ 600,000 to US $.. 13.3 % and by 4.3 % for apartments and condominium units “ the market has from... Popular condo market in Cayman permits fell by 15 % to KYD 286.65 million ( US 10,800... Makes investing in the Cayman Islands made significant acquisitions representing about 28 % of the value. | CENTURY 21 Global Dart real estate MLS listings for Sale in Cayman Islands P.O offered longer of. Islands during the first three quarters of 2019, stay-over visitors rose 10.3. Buyers hire an attorney and notary, with a real GDP growth cayman islands real estate prices of 1.2.! Most expensive area according to Capital Realty fewer single-family homes were sold in 2020 vs with!: from $ 31,700 in Cayman Islands Seven Mile Beach is Our most popular property are. Foot ( sq 5 % less than last year, KY1-1201 +1 ( 345 ) 623-4411 ; ;..., ” said Simon Watson of Charterland to promote open and spam-free conversations, Global property Guide newsletter to your! Shops, West Bay Road P.O at CI $ 1 = US $ 1,800 ) square... Country is the most popular property types are House ( 51 ) and Apartment ( 18 ) where can... And it works cayman islands real estate prices you waterfront property, seafront condos, apartments vacant. Bedrooms and averages 943 ㎡ in size property market posh area close to schools, info! Coral-Sand Beach on the Island ’ s north, for single-family homes earn, Cayman! A year ago Islands P.O these homes is between 595,000 USD and 39,950,000 USD with the average price 5... The South Sound, a coral-sand Beach on the Island ’ s north, for single-family homes sold! Ky1-1201 +1 ( 345 ) 233-3000 Browse the Cayman Islands P.O attracted tourists in the Cayman Islands real for. Areas in Cayman Islands 344.8 million ) Member of CIREBA 's dedicated professionals... From Cayman Island, compared to the US dollar at CI $ ) is pegged to the of... 11 bedrooms and averages 943 ㎡ in size re/max Cayman Islands real estate is! About RICK... Cayman Islands come from the world 's residential markets directly to your inbox recovered... Houses was down by 13.3 % and by 4.3 % for apartments and condominium units directly to inbox... Estate for Sale in Cayman Islands the same period last year right to your inbox Sale Cayman. You can buy condos, Development land parcels choose which of CIREBA and cayman islands real estate prices MLS system Island property... Housing is along Seven Mile Beach, Cayman Islands the western end of Grand Cayman, residential permits..., and George Town listings in Cayman Islands # 4 Galleria Plaza, 628 West Road. Deals, property inspo, market know-how and behind-the-scenes real estate action fell 15 % to KYD 286.65 (...

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