October Real Estate Highlights

From stunning listings to market mastery, our team excelled in delivering excellence.

Properties Sold

45 properties

Prices Ranging

US$35,000 US$9.5M

Availability

50% are under CI $1M

Listings For Sale

1261 properties

No Gray Area Here!

BIG NEWS in September’s sold detail: the change in ownership of Grand Harbour from the Bell Family to a Jamaican-owned investment group. The Bell Family brought Grand Harbour to life in the 90’s and today it is one of the most popular business and residential areas in Cayman. Outside of Seven Mile Beach, there are hundreds of new residents in the immediate vicinity of the complex: Harbour Walk, Aura, Arvia, Periwinkle and private waterfront homes. We’ll see what the owners have in store for Grand Harbour!

There were ‘only’ 41 closings in September (down from 70 last September), key high-priced sales occurred in Rum Point and along SMB with a number of private homes. Twin Coves in Rum Point sold for $8M, Island Club condo sold for $4M, homes sold for $5.6M in Yacht Club, and $4.6M and $6.8M in Crystal Harbour, just to name a few.

As we see banks and government working on affordable property buying for Caymanians, our market should continue to flourish and sail through the global economic slowdown.

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PIRATE’S WEEK 2023

The annual fete is here again! For over 45 years this celebration of our history has been filled with fun and shenanigans for locals and tourists alike. Here is the schedule and for more information you can go to the Official Website.

www.piratesfestcayman.com
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TIS THE SEASON

No, not Christmas (yet!) but CONCH SEASON! As a Caymanian who grew up on the beach in Bodden Town, Steve looks forward to “opening day” and November 1st was a beautiful one indeed! We encourage everyone to abide by the Marine Laws in relations to Conch (and Lobster) season and stay within the allowed limits. The deliciousness of great marinated conch (which is our preferred conch creation) is hard to resist, but in order to continue to enjoy this for many more years, we need to be careful how many we take. Nothing beats this island favorite – enjoy it any way you can. (November 1 to April 30 is conch season; lobster season is December 1 to February 29, 2024). We love grilled lobster tails with garlic and butter….yummy…and eagerly await December 1st for that...