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Are You Investigating Options in Grand Cayman Condos for Sale?
07 November
2020
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Are You Investigating Options in Grand Cayman Condos for Sale?

The Cayman Islands offer a lot of unique perks to those who invest here. First, there is so much to see and do, and for those who like warm, sunny, tropical weather, the Cayman Islands can provide a lot to love throughout most of the year. Divers, boaters, fishermen, sailors, and other outdoorsmen and women will love the many sights and scenes you can find across the islands and in their waters.

In addition, the islands’ modern infrastructure, stable government, safe living conditions, and many bright and vibrant communities make them very appealing to investors from all over the world. There are many who purchase a home away from home, or just a new home, in the Cayman Islands for these reasons.

If you’re looking around, either seriously or for fun, then you’ve probably come across the question of what type of purchase you’d like to make. Among the many options at your disposal are the option to buy land that can be developed, or a house, or even something like a condo that is ready to move into it.

If you’re looking for a place of your own that you can get to living in or visiting right off the bat, that pretty much crosses land off. However, making the decision between buying a house or a condo is not always an easy one. Here are some things to consider if you are interested in finding Grand Cayman condos for sale.

  • Condos are typically more affordable than houses

The first thing to remember when shopping for condos is that they are typically more affordable than houses - but there is a caveat here. They are not always more affordable than houses, and many of the luxury condos that are listed on our site are comparable in value.

However, when all things are held equal, you can generally find condos at a lower price than houses, and on top of that, there are a lot of responsibilities that you might not have with a condo that you would with a house. For example, the exterior and grounds of condos are typically maintained by the governing association, and certain other amenities may be included, but read on for that.

  • Condos are usually smaller and have no land attached to them

Condos are also often smaller than homes and sometimes, usually, even, have no land attached to them. While this might not be a selling point for someone looking to put in a garden, it could be seen as a matter of convenience for someone who was simply looking for a home away from home for extended visits.

  • Condos may come with shared amenities

Oftentimes condos come with shared amenities that are covered either by the cost of the purchase or by ongoing association fees. Of course, there is no way to predict what will come with the purchase of a condo - rather, get in touch with us and we can investigate options for you.

  • Condos are typically easier to care for and maintain

Because condos are usually smaller than homes and exterior maintenance is usually covered by the association, condos can be much easier to maintain than homes. This makes them appealing to those who do not have the time or luxury to maintain a home, but it is also valuable to those who are looking for a home away from home that will be cared for in their absence.

However, condos are not perfect for all buyers, and some of these reasons we listed might be reasons that turn you away from looking for Grand Cayman condos for sale. By the same token, houses afford you a number of conveniences that condos don’t or can’t offer.

For example, houses give you more freedom of expression and development. It is easier for you to make changes to the grounds of a home, and oftentimes a home will come with extra land, which is useful if you want to do landscaping, to make exterior improvements, or to put in a garden or a pool.

It all comes down to your needs as a buyer and what you expect to get from the purchase. That’s where we can help. Our team is firmly committed to customer service and satisfaction and we will work by your side throughout the process to ensure that you are satisfied with your new home or investment property in Grand Cayman - or elsewhere in the Cayman Islands.

The Cayman Islands real estate market has numerous opportunities for those looking to find luxury condos in and around Seven Mile Beach, Camana Bay, Rum Point, George Town, and other locations. If you want to look for Grand Cayman condos for sale, but you aren’t sure where to start your search, get in touch with a member of our team today.

You can reach us by phone at 345-949-5250, alternatively, you can email us at info@crightonproperties.com. Your new home is waiting, and we look forward to putting you in touch with it!

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