Cayman land for sale | Land in the Cayman Islands
If you mention the Cayman Islands to most Americans they will smile knowingly and regale you with tales of perfect beaches and world class diving. They may not have been to the Cayman Islands in person but they will happily tell you stories of someone who has.
That is hardly surprising when you consider that the Cayman Islands attract two million visitors each year with the vast majority made up from our transatlantic cousins. This could be due to the large number of direct flights from Miami to Grand Cayman every week or it could be because the Cayman Islands enjoy the highest standard of living of any of the Caribbean islands.
Whatever the reason, the Cayman Islands remains as one of the world’s ultra-elite destinations and one that, until recently, was a relative stranger to all but the well informed European traveller.
But, as Bob Dylon wrote, ‘The times, they are a-changing’ due in part to a concerted effort from the Cayman Island Tourist Board (CITB) and a big shift in public opinion about acceptable holiday destinations. Gone are the days when a two week holiday would mean packing a bucket and spade and heading off to the Spanish Costa’s. Nowadays UK holiday makers want new experiences and exotic locations (without the fear of ending up in a foreign jail) which is why the Cayman Islands have greatly benefited. Being a British Overseas Territory has made the Cayman Islands a natural target for UK tourists. Cars drive on the left hand side, the shopping is tax free and the predominant language is English, albeit with an alluring Caribbean lilt.
The Increase in tourism has lead to a rise in enquiries into land in the Cayman Islands and, with a progressive government in place, land that was previously passed down from generation to generation is now being sold to developers.
Cayman property for sale
One such developer is Crown World. They have been established for over five years and enjoy the position of market leaders in land sales. They have seen big changes take place in the last year. ‘Initially, we were selling to investors who wished to land-bank’ Vice President of Crown World, Roberto Bordi said, ‘however, investors are now more informed than ever and this has led to our investment product becoming more sophisticated. Our land can now be purchased through a SIPP and we also offer a buy back option with a guaranteed yield to appeal to our short term investors.’ He went on ‘Our close relationship with the Cayman Government and the Department of Commerce and Investment has meant that we are fully informed of any developments in government policy. They are fully behind our plans for the islands. So much so they will be accompanying us on our upcoming exhibitions.’
So, dropping the Cayman Islands into a conversation will soon glean knowing smiles from more than just our American cousins, as real estate joins pristine beaches and phenomenal diving on the list of things the islands are famous for. Although the smartest won’t be waiting for stories, they will be taking a look for themselves.
If you want to learn more about Cayman property for sale visit www.crownworld.com or call +44 (0) 1704 551 333 and speak to a member of team.
