In the grand scheme of searching for real estate, there are nearly infinite questions you could ask yourself during the process in order to ensure that you are ready when you look to buy. For the most part, these questions are transferable, but there are a few nuances that will change based on the market you are considering. For example, if you are thinking about investing in Cayman Islands real estate, here are a few of the questions you should ask yourself while shopping. The questions themselves are generic, but the implications they carry are more specific to the Islands themselves.
Where do You Want to Be?
First and foremost you have to settle the matter of where you want to be, both in terms of geographic location and in terms of settlement. In the first place, there is the matter of what island you are considering, as each of the three Cayman Islands offers a unique landscape and lifestyle.
Grand Cayman is the largest and most developed of the Cayman Islands and has a large variety of things to do and places to see. For those who are looking for attractions like Seven Mile Beach and the entertainment it can provide, Grand Cayman may be the place to look for homes for sale.
However, Cayman Brac and Little Cayman, which collectively are known as the Sister Islands, are smaller and less developed than Grand Cayman. Cayman Brac is well known for its magnificent bluff and Little Cayman is a diver’s paradise. For anyone looking for property in the Cayman Islands that is further removed, one of these may be the way to go.
What Type of Property do You Want?
After you settle the matter of which island you want to investigate and where you want to be, you can get down to the location you want to invest in and the type of property you want to go for.
As mentioned, the Sister Islands, Cayman Brac and Little Cayman, are lesser developed than Grand Cayman; and if you’re looking for a quiet space to get away from everything, or for some land that you can develop on your own, they can afford you many opportunities.
You will also have to answer questions about whether you want to invest in commercial or residential properties. Are you thinking of opening up some sort of business or attraction or is your aim to have a home away from home? There are many wonderful homes for sale in the Cayman Islands, along with condos that are ideal for those who want a second home in the tropics.
Who Should You Work With?
Finally, once you settle on a location where you want to buy, you should make sure to work with a team of real estate agents with a lot of history and experience in the local market. Crighton Properties, a member of CIREBA, has been serving the local market for nearly fifty years and is one of the key players in the market for Cayman Islands real estate.
Knowledgeable, direct, and committed to customer service and satisfaction, Crighton Properties can help put you in touch with the property of your dreams, whether it is land for development or a condo that is ready for move-in. All that’s left for you to do is contact them, either at crightonproperties.com or at 345-949-5250, and get started looking.