The Cayman Islands … Rediscovery Paradise
Editorial for International Homes:
We are a fortunate country indeed. We have world class facilities, communications and being one of the world’s largest financial centers, we have a thriving and strong economy. Welcome to The Cayman Islands, where you’ll find more choices, more development, more opportunities and more strength than ever before.
Cayman is a beautiful place to live, either full or part time. We offer a diverse array of real estate, work well with the local retail banks, and enjoy the best of the Caribbean. Real Estate in Cayman is a supply and demand market, with Seven Mile Beach and Cayman Kai being the most popular areas of an investor’s focus. Seven Mile Beach properties range from US$350,000 to over US$4 million dollars, so your focus will depend on your investment parameters and lifestyle. Emerging along the Seven Mile Beach corridor are several luxury condominium complexes, some are more along in their building stages than others, but by the end of 2006 they will all be completed. In recent memory, there has never been such a wonderful variety of properties available to stir the senses and please all palates. Cayman is definitely taking opulence to the highest level!
Favorite rental-based complexes such as Coralstone Club, Villas of the Galleon, Avalon, Cayman Club and Hyatt’s Beach Suites will always be very good investment options for those looking for high net returns with the flexibility of staying there a couple of times per year. Appreciation of these properties, and in general all Seven Mile Beach properties, is consistent. With the completion of the properties mentioned above, a jump in prices across the board is to be expected purely because of the location in which all the properties are situated.
Luxury homes in Cayman Kai and elsewhere on the island offer everything from Caribbean-style charm to exquisite Mediterranean estates. Homes in Cayman Kai can be rented out when they are not owner-occupied and offer excellent yearly income. Cayman Kai is serene and truly a place to relax and unwind. With its large swaying Casuarina Pine trees, a hammock and good book or cocktail is about all you’ll need! Located about 40 minutes from George Town, Cayman Kai enjoys gentle, lapping waters, stunning views from any point, two sensational restaurants and pure sandy beaches!
Not to be overlooked is the financial sector, which continues to thrive and grow. Central George Town is home to many major international banks, law firms, accountants and corporate entities. Their continued commitment to Cayman, combined with the global exposure and expertise each of them, keeps The Cayman Islands in the forefront as international players in the financial industry.
If you’re looking to invest in real estate, talk to a local real estate professional. An experienced sales agent will be able to guide you according to the current market conditions and your criteria, and can streamline the list of available properties. Someone who knows the market will advise you of the market trends and direct you according to your needs. Local real estate agents work closely with attorneys to assist you in the buying process, so you are well protected and informed about your property purchase.
Again, welcome to the Cayman Islands, or as we prefer to say: “Welcome Home!”.
Kass Canada Coleman is one of the Cayman Islands’ top-selling real estate sales associates. She has been with RE/MAX Cayman Islands for over 11 years and has lived in Cayman since 1986. Kass is a Certified Renowned Property Specialist with focus on luxury homes. Last year, she expanded her real estate boundaries and now has “The Coleman Team”, comprising a selling assistant and administrative assistant who work full-time to bring you the best in service and knowledge. Find out more about Kass and Cayman Real Estate by phoning 345-949-2396 or logging on to www.beachcastles.com
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