May 2026 Real Estate Highlights

Property Pals
 

May Market Update

Cayman’s real estate market continues to stay active heading into summer, with both local and overseas buyers remaining confident across all sectors.

Inventory remains tight in several categories, especially move-in ready homes under CI$1M, while local and overseas buyers continue securing opportunities across all three islands.

  April Market Stats
 

Land Market

 

After a few months of prices trending down, prices have leveled off and are holding steady. The lowest-price parcel of residential land for sale in the George Town/Sound Sound area is $560,000. There are quite a few industrial/commercial listings – either raw land or warehouses from CI$1.5M.

 

Homes & Inventory

 

Looking for a single family home under $1M? There are 43 available across all 3 islands. But for Grand Cayman, there are only 14 available and a few of those are major fixer-uppers, so we are down to less than 10 that are move-in ready.

Like we mentioned before, once the traffic issues are resolved for the Eastern Districts, values for homes in Savannah and further east are going to soar - the eastern districts offer more land space, beautiful homes and a peaceful family environment….ideal for our growing population!

We would recommend looking at all home options available so you’re not missing out on a great home ‘further east’ and settling for something that may not be to your liking just to avoid traffic for a little while longer.

 

Waterfront & Luxury

 

Want a waterfront home? The lowest priced one available is at CI$1.35M in the Omega Bay area. Overall there are over 75 move-in ready residential properties available over the CI$3M mark. These range from homes in Rum Point to condos and homes from South Sound to West Bay. Of them, over half have only been on the market a few months. Not a huge selection but enough to find you what you're after if this is your area of interest.

 

Summer Sales Outlook

 

No doubt summer will see big numbers for sales - ONE GT will start closings very soon, and by late summer, hopefully the Grand Hyatt will be ready for closings.

That aside, the local buying market in all niches remains super busy: land, homes, condos, and commercial properties are all moving, with our local population being a huge percentage of those buying.

Overseas investors remain strong too – Saudi’s, Europeans and Canadian buyers are scooping up luxury properties.

Taking development/post-construction sales out of the picture, there are over 230 properties under contract.

Cayman continues to flourish with both local and international investor confidence. We have an array of investors that realize all Cayman offers; primarily a safe country where we welcome all walks of life, a stable environment for everyone to enjoy and a beautiful, peaceful island that is truly absolutely gorgeous!

 

OUR LISTINGS

Fresh opportunities across Grand Cayman — from family homes and canalfront lots to investment properties and turnkey condos.

 

New Listings & Featured Properties

 

From move-in ready homes and waterfront parcels to income-producing investments, the Cayman market continues to offer exciting opportunities for both local and overseas buyers.

Whether you're searching for your forever home, a vacation property, development land, or a strong rental investment, our latest listings showcase some of the best opportunities currently available across the island.

Take a look through our featured properties below and reach out directly for pricing details, viewing appointments, or additional information.

 

Tropical Haven 6

MLS# 420707 • Grand Cayman, Cayman Islands

FOR SALE CI$520,000

Tropical Haven 5
 

2 Bed • 2.5 Bath • 1,400 Sq Ft
Fully Furnished • Pool Access • Low Strata Fees

 

Come explore this comfortable and conveniently located townhome featuring large en-suite bedrooms, flexible den space, pool access, and low strata fees.

Whether you’re looking for your next home or an investment opportunity, this is a great chance to see the property in person.

A fantastic option for buyers wanting space, value, and convenience in one complete package.

Request Details
 
 

Northward – Amazing 3 Bed Home

MLS# 420517 • Breadnut Way, Lower Valley, Cayman Islands

FOR SALE CI$ 690,000

Northward Amazing 3 Bed Home

3 Bed • 3 Bath • 1,880 sq ft
0.29 Acres • Year Built 2019 • Partially Furnished
Concrete Construction • Screened Patio • Large Attic Storage

Low maintenance living inside and out, custom storage, spacious rooms, quality finishes, solid construction, screened patio, large attic storage, separately fenced dog area, lush soil with mature trees, and a very well maintained quiet neighborhood.

Two bedrooms offer ensuite bathrooms, elevation is 12 ft above sea level, and the one-story floor plan makes it a wonderful family home for all ages.

Priced to sell at CI$367 per square foot. You can't build this home for this price. Great value and fully turn-key.

Request Details
 
 

North Side Oceanview Land

MLS# 420413 • North Side, Cayman Islands

LAND CI$ 330,000

North Side Oceanview Land

0.387 Acres • 95 ft x 180 ft
Low Density Residential • Road Frontage • Garden View
Black Soil • Freehold Title • Quiet Residential Area

Ah....lovely North Side, where a quieter pace and relaxed vibe are a way of life for residents and visitors alike.

This lot is ready for some house plans — maybe an affordable AirBnB, a rental for employees in the district, or your own island home. A great opportunity to secure land in one of Cayman’s most peaceful and naturally beautiful districts.

Request Details
 
 

Pease Bay Lakes Lakefront Lot

MLS# 420125 • Bodden Town, Cayman Islands

LAKEFRONT CI$ 155,000

Pease Bay Lakes Lakefront Lot

Lakefront Residential Lot
Quiet Bodden Town Community • Freshwater Lake Views
Ideal for Family Home or Investment Build

Tucked off the main road in a peaceful subdivision in Bodden Town, this lot is ideal for a ranch-style or two-story home with the lake right in your backyard.

Homes being built here are high quality, and young families are creating a wonderful community atmosphere. A fantastic opportunity to secure land in a growing neighborhood.

Request Details
 
 

Arza 2 Bed Fully Furnished

MLS# 419825 • Grand Cayman, Cayman Islands

CONDO CI$ 535,000

Arza 2 Bed Fully Furnished

2 Bed • Fully Furnished • Modern Condo Living
Turn-Key Property • Excellent Investment Potential
Stylish Interiors • Convenient Location

A beautifully presented and fully furnished condo offering modern finishes, comfortable living spaces, and excellent convenience for both owners and tenants alike.

Whether you are looking for a primary residence, a long-term rental investment, or a Cayman getaway property, this unit delivers strong value in today’s active market.

Move-in ready and attractively priced, this condo is a fantastic opportunity for buyers wanting low-maintenance island living in a modern development.

Request Details
 
 

Money-Making Triplex in West Bay

MLS# 420120 • West Bay, Cayman Islands

INVESTMENT CI$ 875,000

Money-Making Triplex in West Bay

Income-Producing Multi-Unit Property
Prime West Bay Location • Strong Rental Demand
Excellent Investment Opportunity • Spacious Layouts

A fantastic opportunity to own an income-generating triplex in one of Cayman’s consistently strong rental districts. West Bay continues to attract residents looking for convenience, accessibility, and great value.

This property offers excellent potential for long-term rental income while also benefiting from continued growth and demand in the surrounding area.

Whether you're expanding your portfolio or entering the Cayman investment market, this triplex is a smart addition with immediate earning potential.

Request Details
 
FEATURED RENTAL

A STANDOUT RENTAL OPPORTUNITY

Spacious island living, excellent location, and comfort that truly feels like home.

 

Raven Manor Apartments

Rental Listing • Grand Cayman, Cayman Islands

FOR RENT AVAILABLE NOW

Raven Manor Apartment

Spacious Apartment Living
Modern Interior • Bright Open Spaces
Convenient Location • Comfortable Island Lifestyle

Raven Manor offers a clean, comfortable, and inviting living space perfect for professionals, couples, or anyone looking for a well-located Cayman rental.

Enjoy spacious interiors, modern finishes, and a peaceful atmosphere while staying close to everyday conveniences and island amenities.

Inquire About This Rental
 
 

Contact Us

Steve Parsons

Steve Parsons

Broker / Owner

steve@propertypals.ky

+1 (345) 916-5916

Pam Parsons

Pam Parsons

Sales Associate
Property Advisor

pam@propertypals.ky

+1 (345) 916-0018

Tanya March

Tanya March

Sales Associate
Property Advisor

tanya@propertypals.ky

+1 (345) 925-0797

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