One of the many great attributes of Cayman Islands real estate is that it offers a huge choice to the prospective Cayman property investor. From luxurious beach and oceanfront homes and villas that offer design in every feature to large and spacious beach front condos that are equally beautiful in design and finishing touches. To add to this variety of choice in the Cayman Islands real estate market you will also find mid to lower end single family homes, condo complexes and off course raw land across all the districts and across the two sister islands, Cayman Brac and Little Cayman as well.
The fundamentals of the Cayman Islands economy are very strong, which ensures the Cayman real estate market has performed very well over the past three decades. There are no direct taxes of any sort and that includes property taxes, which ensures investment in land is an attractive proposition since there are no carrying costs apart from a one-off stamp duty, paid as the time of the transfer, typically by the Purchaser.
The Cayman Islands consists of three islands; Grand Cayman, Cayman Brac and Little Cayman with Grand Cayman being the largest and the busiest as it is a well-known offshore financial hub which means a unique and above all safe lifestyle that is enhanced by award winning restaurants, a variety of sports and recreational activities, clubs, culture, art and an all-round strong infrastructure that offers both public and private schools and world class medical care.
Here are some of the better known Cayman Islands neighbourhoods that you will come across as you browse and look for your dream Cayman Islands home or condo. In Grand Cayman: Seven Mile Beach, Snug Harbour, Governor’s Harbour, Salt Creek, Crystal Harbour, Britannia, The Shores, The Cayman Islands Yacht Club, South Sound, Grand Harbour, Patrick’s Islands, Old Prospect Road, Kaibo and Rum Point are some of the most highly sought after locations for the hi net worth individual. If you are searching for a mid to lower range home or condo you can expect West Bay, Savannah, Prospect, Georgetown, Lower Valley, Breakers, Bodden Town, East End and North Side to offer your budget-perfect Cayman Islands property.
In terms of architecture in the Cayman Islands, there is no shortage of choice and design, but you can be guaranteed that all homes are built to Cat 5 hurricane resilient standards. From classic Cayman style homes to contemporary or Tuscan, the Cayman Islands architects are award winners for many very good reasons. Property Insurance is readily available also.
If Grand Cayman is too busy for you, then Cayman Brac, the second largest island or Little Cayman will be your next choice to look for your very quiet and very island style Cayman Islands home or condo. Cayman Brac is well-known for its bluff, high and very dry with dramatic and far reaching ocean views. Here you can expect an eclectic mix of single family home of all sizes, design and price with a choice of beachfront or top of the bluff.
Little Cayman is indeed a gem in the Caribbean Sea. This tiny island, home to approximately 200 people is truly a getaway and an unspoiled paradise in which you can find either your Cayman Islands escape or find land on which to build your Cayman escape between red footed Boobies and rare rock iguanas.