Archive for the ‘commercial property’ Category

postheadericon How to Hunt for Great Deals on Grand Cayman and the Surrounding Islands

Cayman luxury real estate has made Grand Cayman famous. It’s a beautiful set of islands just off the Florida coast, and one of the most coveted destinations to live, work and play. It’s also the source of a great deal of real estate investment activity, which means good deals can be tough to find if you don’t know what you’re looking for. Here, we’ll provide a guide that should help anyone make a decision on which real estate to purchase in the Cayman Islands.

Long Term Goals

If you want to earn income on property you own, there is no better choice than Grand Cayman. Whether you own Cayman Islands commercial property or luxury real estate, you’ll gain tax free income from renting your property to prospective tenants. Commercial property offers a great value, as tenants tend to stay long term and the tax-free income helps quite a bit with renovation costs.

Serenity

There is a reason so many people vacation on Little Cayman, and Little Cayman real estate allows you to own a slice of that peace. This smaller island makes for an excellent island getaway. Hold onto it for your family as a vacation home, or rent it out to one of the many visiting families and groups that tour the island chain.

Simplicity

For those looking to just own something on the island, condos represent a massive value. You get all the amenities of a hotel, easy rental agreements and your own space when you come to visit. With most condos priced at or under the $1 million range, Grand Cayman real estate is very affordable. Let RE/MAX Cayman Islands find the right property for your family and your budget.