When you visit Grand Cayman, with its location that is so accessible to the US, you will quickly see why Grand cayman real estate is in high demand. Connecting with the right real estate team is a way to make sure all your dreams come true while staying at this island paradise. A real estate company that understands the market in the Cayman Islands very well will ensure that everything goes smoothly.
What Draws People to the Cayman Islands
Many people already know about the great tourism opportunities, but haven’t experienced Grand Cayman is a property owner. With a convenient location that is only an hour away from Miami, FL by air, you will easily see why real estate grand cayman is worthy of your consideration. Grand Cayman has the largest population and is the territory’s financial hub. Little Cayman is the smallest of the territory’s three islands, and Cayman Brac has the stunning cliffs that attract a lot of attention.
Beauty is Easy to See Right Away
The area of the sea around Grand Cayman has one of the Caribbean’s deepest trenches, with beautiful shades of blue in the water. It’s easy to see why the island has such fan base both with water sports enthusiasts, particularly scuba divers. Snorkeling is a popular pastime here, and you will also have plenty of opportunities to fish. With a temperature range in the high 70’s to 80’s all year, you’ll be able to spend a lot of time outside.
An Interesting, Diverse Population
The Cayman Islands are officially considered a British Overseas Territory, and boast a very diverse population because of their history. Residents from over 80 countries live in these islands, and there is a sense of harmony amongst the various groups. Because of the various cultural influences, there are always cultural celebrations going on.
Flexible Ownership Options
One good reason to buy property in Grand Cayman is the fact that there are no restrictions on foreigners buying property. There are also options that allow for single or joint ownership, as well as ownership in a corporation’s name. Properties can be held undeveloped for as long as is necessary, and owners are free from property taxes.
A Wise Choice All Around
When a person decides to invest in Caymanian property, they will have a lot of great options at their disposal. No matter whether they intend to live on Grand Cayman, keep their home as a vacation property or rent it out, there are many excellent options. You’ll enjoy the many opportunities these islands boast.