Cayman Real Estate Buyers Guide

Choose a broker who understands your Real Estate needs

When you scan the various Cayman real estate websites, you will see a MLS # for almost all properties for sale. What this means is that the property is ‘Multi-Listed’. This enables any agent in the system to assist you with information about a particular property. Cayman Islands Real-Estate Brokers Association members are all on the Multi-List System – which means you only need to work with one agent in the Association to get information on any listing. If you deal with more than one CIREBA agent during the purchase, the sales price of the property will not be affected. This is called co-brokering. In this case, the commission is split evenly between the companies involved.

Advantage of buying Cayman Islands Real Estate

The Cayman Islands is ideal to sophisticated property investors for many reasons. Not only is it an inviting location to visit, but also there are no direct taxes: no income tax, no capital gains tax and no inheritance tax. The language is English, and the American dollar is readily accepted although the local currency is the Cayman dollar which is pegged to the US dollar at US$1.25. The way the government exists in the Cayman Islands is by putting a 20% importation fee on all goods brought on the island.

Although there is no direct form of taxation in the Cayman Islands, the Government imposes a one-time property transfer fee called “Stamp Duty” on real estate. This is usually paid by the purchaser at the closing of the transaction. The fee is 7.5% along the Seven Mile Beach corridor and 6% for the rest of the island. Furnishings are deducted from the sales price before calculating stamp duty.

Buyer's Guide

Multiple Listing Service

How the Multiple Listing Service ( MLS) of The Cayman Islands Real Estate Brokers Association ( C.I.R.E.B.A ) Works for You The Cayman Islands Real Estate Broker Association ( CIREBA) is comprised of 32 Real Estate member companies who ar…

Title Guarantee

In the Cayman Islands, the property title is guaranteed by the government. To keep the benefit of guaranteed title, the buyer must file with the Land Registry, a modern system making the process simple, quick and safe. The Land Registry is efficie…

Banking and Lending Information

It is possible for foreigners to open bank accounts and borrow to finance a purchase. Local banks will generally lend between approximately 50-75% of the property value to foreigners and will generally require a first legal mortgage over the prope…

Immigration Laws

Welcome to the Cayman Islands! So you’ve finally made it to paradise. Just a couple of things to note that are important for the visitor- Visitors are required to present a valid passport, nationals of the US, UK and Canada no photo copie…

Construction and Development

The Cayman Islands is a perfect destination for investors to develop their projects or for just everyday home owners to build their dream vacation home. Cayman has spent considerable money and time to develop one of the finest professional Planning…

Caribbean Real Estate | Condos and Homes for Sale

Why invest in Caribbean real estate? While the answer may seem, at first glance, like a luxury, return investors know that the decision to invest here makes sound financial sense. Caribbean real estate offers much more than simply beautiful waters an…

GUN BAY OCEANFRONT East End

Gorgeous sandy beach past East End in Gun Bay. And it's affordable! Great views and cooling breezes, this is the...

0.2900

Lot size

135.00

Width

135.00

Depth

OCEAN POINTE VILLAS West Bay Northwest

Delightful open plan and bright ground floor condo with spectacular ocean views. Access to water for diving enthusiasts. Immaculate landscaping...

2

Bedrooms

2

Bath

BLOODY BAY OCEANFRONT LAND Little Cayman West

Rare Oceanfront Land for sale on Bloody Bay Little Cayman. Located right infront of Bloody Bay Wall Dive site.

0.4800

Lot size

260.00

Width

260.00

Depth

LOWER VALLEY LAND .41 ACRE Lower Valley

Beautiful lot just halfway down Beach Bay Dr, nicely elevated at 20ft, high and dry! Perfect neighborhood for a starter...

0.4100

Lot size

157.00

Width

157.00

Depth

CYPRESS POINTE NORTH West Bay Beach North

Cypress Pointe North in tranquil Crystal Harbour is one of the most energy efficient communities on the Island. With solar...

5

Bedrooms

3

Bath

INVESTMENT BUNGALOWS- 31 A/B ELKHORN CRESCENT,… West Bay Northwest

Phenomenal investment opportunity to own 2 (2 Bed / 1Bath) identical Bungalows, situated on a 0.32 acre parcel in the...

4

Bedrooms

2

Bath

Grand Cayman Real Estate is Right for you

If you are looking to purchase a getaway that is still close to all of the conveniences of modern life, or want to invest in a property that will serve as a popular rental for tourists, Grand Cayman Real Estate is right for you. Grand Cayman is home to George Town, the capital city of the Cayman Islands. With a population of just under 30,000 residents, George Town offers British sophistication complimented with Caribbean hospitality. This financial center appeals to both tourists and residents, who can enjoy the convenience of a city center with the friendliness of a small town. Watch a movie at the local theatre, spend a day on the golf course, relax at the spa, savor local cuisine, take a trip to the National Museum or Cayman Turtle Farm, or browse the many fine boutiques. Grand Cayman has it all.