The ultra-luxury sector of the residential market is really starting to establish itself and confirms that international investors are seeing real value in Cayman real estate product.
There has been remarkable recent activity in the $3 million and higher market in high-end residential homes.
The market in this case appears to be made up of both local buyers and those from overseas looking to have their own space while they live here, either temporarily for a few months of the year, or permanently.
During the last nine months, the market has been extremely buoyant. The buyer’s market of the last few years is giving way to a seller’s.
Growth is centred along Seven Mile Beach for condominiums, and Cayman Kai, on the island’s north, for single-family homes. (more…)
Jason Pickthall
April 21, 2016
BlogCaribbean, Cayman Islands, Cayman Kai, financial services, global transparency, international investors, M&A market, market, property market, real estate, residential, Seven Mile Beach, ultra luxury
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Brac Reef Beach Resort on Cayman Brac is set to start to renovate in a few weeks time.
At present, the family-owned resort has 40 beach view rooms, dining, swimming pool with poolside bar, day spa, fitness center, tennis and volleyball courts and gift shop, all on a four and a half acre privately owned beach on the Southwest end of Cayman Brac.
Upgrades will include a new multi-level bar, freeform resort pool, upgrades to all of its 40 rooms, and resort-wide renovations.
Brac Reef Beach Resort is one of the newly crowned Trip Advisor’s Hall of Fame winner, a new award that recognise recipients that have consistently received positive ratings and have earned Certificates of Excellence over a five year period.
Brac Reef Beach Resort boasts the best resort diving experience in Cayman Brac, and treats divers to a one-of-a-kind valet diving experience to explore unique reef, wall and wreck dive sites.
Once the upgrades are complete the resort, that will be renamed to Cayman Brac Beach Resort, will truly be the ultimate divers’ paradise, which will also be ideal for travellers seeking a relaxing Caribbean retreat where the adventures of the sea is enhanced by the experience of the resort.
Completion of the project is aimed for November, the start of Cayman Islands tourism high season.
Jason Pickthall
July 17, 2015
BlogBrac Reef Beach Resort, Caribbean, Cayman Brac, Cayman Brac Beach Resort, Cayman Islands, diving, property, renovation, resort, retreat, Trip Advisor, Trip Advisor Hall of Fame
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The travel website has announced that it will recognise recipients that have consistently received positive ratings and have earned Certificates of Excellence over a five year period.
This year dive resorts Sunset House, Compass Point and Southern Cross Club will be all named in Trip Advisors Hall of Fame. (more…)
Robert McCrimmon
June 29, 2015
Blogaward-winning, Caribbean, Cayman, Certificates of Excellence, Compass Point, Hall of Fame, Southern Cross Club, Sunset House, travel lists, TripAdviser
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Just over a year after opening Health City Cayman Island has been awarded the gold seal of approval from Joint Commission International, and now is part of an elite club of top-class hospitals around the world.
Health City is only the second hospital in the Caribbean, after the Doctors hospital in the Bahamas, to receive the international accreditation from the international arm of the accrediting organization for hospitals in the United States.
The hospital already receives a number of U.S. patients but is still running far below capacity at around 22 percent. The accreditation will help boost the numbers higher and the head of medical services, Dr. Abraham “hopes to have the facility running at 75 percent to 80 percent capacity by the end of the year”.
The vision of the hospitals founder, Dr. Devi Shetty, has always been to bring affordable, quality healthcare to the Americas. The biggest hurdle in the way of this has been getting recognition from major U.S. insurance companies; this accreditation will make it easier for insurance companies to send to the Cayman Islands. (more…)
Robert McCrimmon
May 15, 2015
Blogaccreditation, Canada, Caribbean, Dr. Abraham, Dr. Devi Shetty, financial services, HCCI, Health City Cayman Island, insurance, Joint Commission International, North America, tourism
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When people think of the Cayman Islands, most people think of no direct taxation, great weather, beautiful beaches, amazing diving and stunning Caribbean natural beauty. What people don’t necessarily think of is Cayman’s fantastic world-class food scene that has exploded over the last couple of years.
International and local chefs continue to open fantastic restaurants in Cayman bringing a fantastic mix of Caribbean and European influences to the Islands, and with many Cayman eateries adopting the farm-to-table movement its not only high quality seafood on offer.
The farm-to-table movement not only brings healthy, fresh and local produce to Cayman plates but also keeps money in local pockets. When dining in Cayman you can be eating the fish from its waters and the vegetables from its land. (more…)
Jason Pickthall
May 11, 2015
BlogBestofCayman.com, Blue Restaurant, Camana Bay, Capt. Herman East Side Fish Fry, Caribbean, Cayman Islands, Cindy Huston, Eric Ripert, farm-to-table, farmers, food, healthy, Le Soleil d'Or, local produce, Michael Schwartz, Michael's Genuine Food & Drink, Ortanique, Ritz-Carlton, Seven Mile Beach, Sunshine Grill, Taste of Cayman, The Brasserie Restaurant & Market
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Invest in the
CAYMAN ISLANDS
Gateway to the Americas |
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The ultimate exclusive luxury Caribbean lifestyle combined
with the Cayman Islands most lucrative investment opportunity. |
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| This unique project has raised the bar on luxury developments in Cayman and is selling out fast. |
| Prices range from US $67,500 to $135,000 for a freehold development site within a luxury eco resort community. Take advantage of our extended payment terms with interest free finance. |
| E:info@crownworld.com T:+44(0)1565 740 417 |
| A: 10-16 Coronation Walk, Southport, PR8 2HY |
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Jason Pickthall
April 20, 2015
BlogCaribbean, Cayman Islands, freehold development site, interest free finance, investment opportunity, luxury
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Health City Cayman Islands (HCCI) celebrated its 1year anniversary of the hospital’s grand opening on Wednesday (25th February 2015)
During the first year HCCI has treated 2,500 patients, performed close to 200 procedures (including Cayman’s first ever coronary artery bypass graft surgery and first left ventricular assist device heart surgery), started an inaugural internship program, and launched the first Caribbean stroke prevention study.
The new medical facility, founded by Narayana Health’s Dr. Devi Shetty, offers affordable, world-class healthcare to Caribbean patients as well as its regional neighbors. Dr. Shetty was Mother Teresa’s physician and was inspired by her compassionate ways. Health City Cayman Islands is part of her response to bring high-quality, affordable healthcare to all in need, especially to those who may not be able to afford it. (more…)
Jason Pickthall
March 4, 2015
Bloganniversary, Caribbean, Dr. Devi Shetty, Dr. Irka Ebanks, EdisonHealth, HCCI, Health City Cayman Islands, healthcare, hospital, medical, Medical Destinations of Excellence, Mother Teresa
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Scuba Diving magazine’s readers voted on their most prized dive sites around the world and the Cayman Islands won more awards in the Caribbean and Atlantic than any other destination.
“As a prime dive destination, we are so pleased to have a thriving dive community who care for our underwater splendor and act as ambassadors for the Cayman Islands. Earning awards such as these are a reflection of the valued partnerships between the dive operators, tourism and government who all must continue to work together to ensure that our dive sites thrive and draw visitors from around the globe in the future.” Minister of Tourism Hon. Moses Kirkconnell. (more…)
Jason Pickthall
February 26, 2015
BlogAtlantic, best, Best Marine Environment, Best Overall Diving Destination, Best Under Water Photography, Best Wall Diving, Caribbean, Caribbean Journal, Cayman Islands, scuba diving, Scuba Diving magazine, Travel Awards, won, World Travel Awards
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Thanks to the efforts of the Cayman Islands Government, private and tourism sector the islands have been named the Caribjournal’s ‘Destination of the Year 2014’.
The Cayman Islands are know for being a laid-back place with kind and friendly people. Even with its almost impossibly beautiful beaches it has remained somewhat under the radar, up until now. Thanks to the efforts of its tourism sector, Government and the private sector, the island is seeing new heights, including one of the highest rates of arrival growth in the Caribbean. (more…)
Jason Pickthall
January 12, 2015
BlogArnold Palmer, arrival growth, Candy & Candy GPS report, Caribbean, Caribjournal, Cayman Government, Cayman Islands, Cayman tourism, destination of the year, Enterprise City, Grand Cayman, Health City, investment, Owen Roberts International Airport
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