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Whether you are seeking a real estate investment opportunity or a new place to call “home,” the consideration of real estate in the Cayman Islands is always warranted and highly advised.
The Cayman Islands is a British Overseas Territory (BOT) that is located in the Caribbean Sea. This archipelago has three main islands– Grand Cayman, Cayman Brac, and Little Cayman– that are all nestled between several Central American countries, Cuba, and Jamaica.
Needless to say, it’s naturally gorgeous there. With property in the Cayman Islands, you’d be located right in the Caribbean Sea, which means that you’d be surrounded by astounding white-sand beaches paired with glistening and clear waters all the while being comfortably beneath the warm, inviting sun.
But, aside from its unequivocal beauty and year-round warmth, there is a lot you should know prior to purchasing real estate there, especially in Grand Cayman. Grand Cayman is the most populous island of the three, making it the most popular for foreigners to purchase property there.
But, why exactly should you add Grand Cayman to your list of potential places to purchase land or property? And, more importantly, what do you need to know before you investigate real estate for sale on Grand Cayman closely?
Let’s take a look at everything you need to know before you purchase any Grand Cayman real estate for sale.
Foreigners Can Purchase Property Easily
If you have assumed that purchasing property in the Cayman Islands would prove to be no small feat for foreigners, we are here to let you know (kindly) that you are wrong. In the Cayman Islands, foreigners very often purchase real estate precisely because it is so easy to do– and it’s even encouraged by the government!
The government is open to foreign investment in the Cayman Islands, and guarantees a title to buyers immediately upon purchase. They impose no restrictions on foreign ownership of property in the entire territory!
The process of buying property in the Cayman Islands is exceptionally easy to follow as well, especially when it is conducted with the help of real estate professionals like us here at Crighton Properties!
Remarkable and Consistent Climate
We mentioned it briefly earlier, but it needs to be said in a bit more detail here. The climate is truly remarkable and second to none in the Cayman Islands, including on Grand Cayman. The average annual temperature range for the territory is in the 80s.
There are also different seasons than we are used to in the West, but they are quite short. There is the rainy season, which is from May to October, where the islands experience more rain than usual (as you might have gathered from the term “rainy season”). The driest months are March and April, but the territory also only accumulates around 46 inches of rain per year.
Plus, they have over 300 days of sun per year. Need we really say more?
Top Places to Live in Grand Cayman
Before you swiftly purchase just any property on Grand Cayman, you need to first be aware of the most popular places foreigners choose to live. There are several, so here is a list of the top nine locations:
If you ever have any questions about the best place for you to live on Grand Cayman, reach out to us at Crighton Properties so we can consider your variables and preferences then provide you with a well-informed answer!
Property Types
Fortunately, there are a variety of property types available in the Cayman Islands, especially Grand Cayman. There are condominiums, single-family homes, vacant land, and even commercial properties. Plus, no matter your budget, you could find something that caters specifically to your needs, as the properties in the Cayman Islands greatly vary in price.
Popular Things to Do in Grand Cayman
If you worry that you will simply move to Grand Cayman and there will be not much to do aside from lounging on the beach (although that doesn’t sound so bad, since Seven Mile Beach on Grand Cayman was ranked the 12th best beach in the world by MSN), you need not worry any longer. There are plenty of exciting things to do and see on all three islands.
On all three, you could indulge in an abundance of water activities, such as scuba diving, snorkeling, parasailing, kayaking, kitesurfing, boating, and so much more!
You could visit the Elizabeth II Botanic Park, which is located in Grand Cayman. This park holds a bountiful array of the islands’ flora and fauna; it even includes the territory’s own Grand Cayman Blue Iguana.
Are you interested in hiking? There is the Mastic Trail to explore. And what about exploring caves? The two largest islands have cave exploration available to those who enjoy it, such as the Cayman Crystal Caves on Grand Cayman.
There are plenty of other unique and exciting experiences to have in the territory when you own your own property here, too, such as Dolphin Discovery, Cayman Turtle Centre, Bioluminescent Bay, and so much more.
Easy Domestic and International Travel
Naturally, you don’t want to purchase a new property in a location that is isolated from other domestic and international destinations. Fortunately, this flourishing trifecta of islands isn’t so.
You can easily access flights to all three of the islands and other international locations via the Owen Roberts International Airport, which is conveniently located on Grand Cayman. This airport provides flights to various destinations, including the USA, Canada, Jamaica, Cuba, and more.
Uniquely Cultured
When you own your own property after investigating in Grand Cayman real estate for sale and going through the process of purchasing, you will quickly notice the uniquely enamoring culture the islands possess.
The food is one aspect that boasts this unique culture. It has been influenced by various cultures and countries, including Jamaica, Britain, and the US. What has resulted is flavorful cuisine, especially their fresh seafood dishes.
Are you ready to explore Grand Cayman real estate for sale and find your dream property? Then give us a call today at 345-949-5250 or send us an email at info@crightonproperties.com. We can’t wait to help you find the property you’ve always wanted right here in sunny Grand Cayman!