Making Real Estate in Cayman Islands a More Attractive Buy

Written by: James Bovell

An Improved Airport

One of the challenges the island faces is drawing in more travelers from destinations around the world. Currently, real estate in the Cayman Islands tends to sell to affluent Americans. That’s changing now that the airport is receiving a few upgrades to accommodate greater numbers of travelers. Soon, investor from China and the UK will be able to make the trip quickly and painlessly.

Modern Living

Real estate on Cayman Islands is getting a much-needed upgrade to the way houses handle power and water consumption needs. These upgrades make for attractive sales benefits when the time comes, but new residents are finding the lifestyle far more affordable now that the eco-friendly trend has caught on in Grand Cayman.

Red Tape

If you wanted to relocate to the Bahamas, you’d need to furnish multiple documents showing who you are and how much money you make before you could seriously consider making an offer. Those restrictions don’t exist in the Cayman Islands, and it’s easy to bequeath property to your heirs for a very special family heirloom everyone can enjoy.

Final Thoughts

Grand Cayman has its challenges too. The island collectively wants to do a better job greeting new residents, and promoting the idea of island living, but foreign investors have been missing a fantastic bargain. These new changes should open the market up a bit and help the island develop at a rapid pace.