Luxury home buyers mix cash, securities, debt and resourceful reselling to upgrade their living status.
IRG is proud to present the latest insights from Luxury Portfolio International's State of Luxury Real Estate 2021 Survey. This report examines the finances of luxury home buyers and their intent and strategy in relation to real estate acquisition and investment.
IRG's Head of Luxury Property, James O'Brien, sits down to talk about the recent sale of Villa del Mare, one of Cayman Kai's grandest homes and what is involved in selling a property like this. We also discuss the impact of the Covid-19 pandemic on Cayman's luxury property market and the services that IRG Luxury offers its vendors.
The impact of the global pandemic on Cayman’s residential real estate market has been profound. The availability of inventory on the market is at a historic low, prices have jumped considerably and interest from overseas investors has spiked as people look to the relative safety of our island paradise. But what about Cayman’s commercial property market?