Real estate Cayman Islands
What’s the benefit of investing in Real Estate in the Cayman Islands?
The answer is quite simple really. There is simply no other place like it in the Caribbean. As the fifth largest offshore financial centre in the world, the facts speak for themselves when it comes to stability, employment possibilities and a safe quality of life. The financial industry contributes to approx 67% of the GDP. This makes for a wonderful mix of expatriates and Caymanians.
With a total population of 54 000 people, Cayman is much like a welcoming small town where it’s easy to make friends and there’s also a huge variety of indoor and outdoor activities to get involved in.
Experience True Island living with all its creature comforts surrounded by the beauty of lush vegetation, and the dazzling waters of the Caribbean Sea.
History and Politics
The Cayman Islands consist of 3 islands. Grand Cayman is by far the largest island and has 4 constituencies.
George Town, our capital is a buzzing hive of activity during weekdays. The majority of the financial services sector do business from here, and George Town is also host to arriving cruise ships which tender on its busy waterfront.
West Bay is the largest constituency with stunning condos on our world famous Seven Mile Beach, and some adorable island style homes tucked away in shady tree lined lanes and streets.
Seven Mile Beach faces due west offering breathtaking sunsets and equally stunning views of the white sandy beach for which Grand Cayman has become so famous.
South Sound is largely high end residential, very quiet and certainly an area worth investing in if you are thinking of privacy in an elegant home on the quiet waters of South Sound. Further towards the east, but still facing south are the dramatic rock faces of Spotts which also has small beaches mostly frequented by residents.
Bodden Town also faces south and is the oldest town in Cayman as it was settled first. Quaint and historic, you can expect to find a few elegant homes on the beach, but this is where you will find a great “get away from it all” island style home in a quiet part of town.
The next stop is the district of East End, slow down or you miss it! It’s headquarters to some of the world’s best scuba diving possibilities. With dramatic walls dropping off into the ocean, the real estate here is equally stunning; another great place to consider investing.
If Seven Mile Beach is too busy and you really want to invest in a high end property with a private beach, then Rum Point & Kaibo should be on your list. The majority of homes here look out onto tranquil lagoons and have their own private white sandy beaches. World famous Stingray City and adventurous diving on North wall is only a 10-20 minute boat ride away.
The Sister Islands of Little Cayman and Cayman Brac lie to the east of Grand Cayman and are about as close to quiet as you will ever get. Even streetlights are a contentious subject as they interfere with turtle hatching. With approx 170 people in Little Cayman and 1,200 on Cayman Brac, you can escape from it all on these two jewels of the sea. The truly magnificent Bloody Bay Wall in Little Cayman is a dive destination to itself. The huge iron shore cliffs of Cayman Brac have dramatic caves and with its fauna and flora it makes for a perfect naturalist get way.
Climate
The Cayman Islands simply has great weather, there’s no better way to put it. We experience cooler weather with gentle east north easterly winds from November to March. The hottest part of the year which leaves you gasping for a swim in our beautiful waters is from May to September. Heaviest rainfall is May – July & again from October –November.
Job opportunities
As the Financial service provides 67% of our GDP, Grand Cayman is a sweet spot for any professionals in the financial, legal or financial IT fields. Funds are incorporated here daily, growing the industry.
The 2nd largest industry is tourism which employs individuals in the waters, ports and service industry.
Why invest with Crown World Ltd
1. Trading for nearly 10 years
2. $120m land bank
3. $2bn fractional sales
4. No bank debt
5. Infrastructure completed on over 20 developments
6. $12m due from payment plans
7. One of the best credit ratings in the industry
8. Over 400 satisfied investors
9. A wealth of experience in each area of real estate
10. Two Cayman Island Trade & Business licenses (781007/12 & 140836)