March 2025 Real Estate Highlights

Discover the Latest Listings, Market Trends, and Success Stories!

Properties Sold

69 properties

Prices Ranging

US$10.5M - CI$38K

Currently Available for Sale

1466 properties

Available Existing Not Pre or Under Construction

610 properties

MARKET MATTERS

There is SO MUCH going on in Cayman during March – especially in our culinary scene. From fun theme nights to wine tastings to Brunch, check out some very creative and delicious options to take your night out to the next level. World Class Cuisine, World Class settings….you cannot beat what we have to offer! The food, the music, the culture…that’s Cayman!

Save these dates: https://www.caymangoodtaste.com/events

ALL SORTS OF RESORTS

The Mandarin Oriental Hotel broke ground recently in Beach Bay – it will be a few years before the final product is completed. This is the largest resort the Eastern Districts has ever seen: 67 acres of land and residences starting at US$6M. It’s not for the budget friendly but will be all that is expected of the brand known worldwide for excellence and opulence. Cayman is the ideal destination for this brand and with this location, it moves luxury away from the crowded Seven Mile Beach to the Beach Bay area, which offers an amazing beach and picturesque views of the Caribbean sunrise every day!

ONE GT is nearing completion and we are super-excited about this! It’s not only the first 10-story resort in Central George Town, but business owners in town NEED the economic boost this will offer. Between the disastrous, years (too) long revitalization project in George Town and Covid pandemic, many businesses shut down, and it hasn’t been worth reopening. Here’s hoping they get back on their feet and ONE GT’s owners and guests spur some nightlife and energy into our beautiful capital. It will be a win-win for everyone if it’s done right and Government supports the efforts.

VIDA in West Bay is another incredible property, full of health and wellness. It is beautifully appointed and embraces the tropical setting and encourages the health lifestyle we need for a long happy life. Check out more here: www.vidacayman.com

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LOOKING AHEAD

We have witnessed some crazy global events lately, but it has not negatively impacted our market: in fact we have seen our market grow stronger and market activity increase across all niches. We have repeatedly said that development needs to slow down and that is a statement we still stand by. With 800+ pre or under-construction properties actively for sale, our inventory numbers will be turning to “existing” properties for sale being larger than pre-construction listings as they sell (naturally). This hasn’t been the case in the past couple of years and our ‘move in ready’ inventory has been sitting between 400-600 properties for years. Newly completed properties will no doubt offer fresh new listings to keep our market moving. We’re not psychic but we do feel the building frenzy we’ve witnessed in the past 5 years is going to slow down and we’ll witness a slower pace of new massive-project announcements but enough supply to meet the demand!