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Archive for the 'Real Estate' Category
Thursday, June 29th, 2006
Investing in Cayman Island real estate can be rewarding if you know about Cayman Island real estate that is the locations where real estate has a boom and the zones that have potential for growth. Northcoast resort management understands Cayman Islands as no one else does. At Northcoast, we have property managers with tons of experience behind them, so you will be in safe hands at Northcoast.
Northcoast management provides you the following services:
- Provides management for apartments and condominiums.
- Strikes the best deals, so that you get the maximum return on your investment.
- Minimum commission.
- Collects rent from the tenants on time.
- Deposits the rent in your bank account.
- Gets the damages repaired if any on time and in a cost effective manner.
- Performs the various legal formalities.
- Handles the inquiries of the tenants.
- Performs periodic check at your property site to see if the tenants are maintaining the property and see if they are not up to something illegal.
- Sends the account statements and receipts of rent and expenditure of maintaining the property.
Northcoast provides services for the people who are non-residents of Cayman Islands. So if you are an international investor you need not worry for your property when you are with Northcoast.
If you have a property in Cayman or are looking for one, just head to Northcoast to get the best deals. Northcoast is just a phone call away. Dial 947-9266 to reach the Northcoast managers.
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Thursday, June 29th, 2006
Thousands of tourists visit the World famous Seven Mile Beach, Grand Cayman every year. Having a short term rental luxury condo is a great way to enjoy on the Seven Mile Beach. Aqua Bay Club condos are located on the Seven Mile Beach and give you all the luxuries for a wonderful vacation. Some of these luxuries are:
- Every condo unit faces the beach. So you get to see and enjoy beach every time. This gives you the gateway to enjoy the beauty of land and sea.
- There is a pool, Jacuzzi, tropical courtyard and the beach front with the blue water with every unit.
- There is free internet access and free cell phone use for all guests so that you are connected to the world at all time.
- You can enjoy good Cayman food and shopping as the restaurants and shops are located nearby.
- The Aqua Bay Club is located at a few minutes from Georgetown, the capital.
- The Aqua Bay Club staff works all time so that the condos have a great standard which exceeds the standards set by Tourism Accommodations Law.
- There are periodic inspections so that you enjoy the best of accommodation and facilities.
- The staff participates in the training and development workshop held by Cayman Island government so that you get a World-Class stay.
- There are special packages offered for families, divers, golfers, couples and honeymooners.
If you wish to enjoy the Seven Mile beach to the fullest get an Aqua Bay Club condo. Aqua Bay Club can be made available just by calling 945-4728
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Thursday, June 29th, 2006
Anchorage Condominiums are located on the Seven Mile Beach, Grand Cayman. They become the short term home for the tourists who visit the Seven Mile Beach. Anchorage Condos are home away from home due to their many special facilities. Some of these facilities are:
- Every unit is bright and airy and has vaulted ceilings.
- Every condo unit is beach facing, capturing the fresh sea breeze and views of beautiful turquoise sea water.
- The Anchorage is a villa complex with fully furnished, privately owned and specially decorated condominiums.
- Each unit has two bedrooms, two bathrooms, a garden and a kitchen having all appliances, dishes and utensils. Linens are provided and a maid is also available on request. Each unit can be a great accommodation for two couples with children.
- There is a screened balcony giving a beautiful look of the beach.
- There is an outdoor pool, tennis court, laundry facilities.
- Scuba diving expedition are even arranged.
- The shopping centers and restaurants are not far.
- The capital of Cayman Georgetown is also at minutes drive by car.
- The units which have a garden opening are less expensive while those with oceanfront opening cost more.
If you are visiting Cayman Islands and don’t prefer much of mobility Anchorage Condos are perfect for you. You just need to call at 945-4728
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Thursday, June 29th, 2006
Adare Investments Ltd, a team of professionals in Cayman Island, who deal in The real estate sector. The real estate sector of Cayman Islands is lucrative and creates a perfect atmosphere for asset creation. There is no restriction on foreign ownership in Cayman Island real estate. The burden of taxes is also minimal; this makes a perfect environment for investing your money in Cayman Islands real estate. For getting maximum returns on your investment you must consult a good investment company. At Adare Investments Ltd. we provide you with the best advice and service. The professionals at Adare Investments Ltd. serve you diligently with dedication, integrity, dependability, so that you get complete satisfaction and best returns on your investment. The team at Adare investments ltd. constantly works for the latest trends and updates so that you get the best of returns on your money. All kinds of commercial properties like business centers, offices and shopping centers are dealt with. Services are provided for buying, selling and rental of properties. Adare investments offer their services for non-residents and the residents of Cayman. The services are such that you don’t have to worry about your property and rent coming from it. Adare Investments Ltd help you get the best property and rent from it. The commission taken is very less as compared to other companies. It regularly maintains your property for wear and tear and gets it repaired if needed. It collects the rent and deposits it in your bank account. It also takes care of legal formalities like registry, paying of government fees, stamp duty etc. It handles the tenant inquiries and handles the existing tenants that they are maintaining the property, keep a check if they are living in accordance with the Law. It sends you the account statement and receipts of rent so that you can constantly monitor your cash flow.
If you are looking to put your money in Cayman Island real estate the Adare Investments is a call away at 945-4088.
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Saturday, June 24th, 2006
The Cayman Island is the newest and the hottest destination for the real estate investors. Nowadays real estate investors are pumping money like any thing into Cayman Islands. Both foreigners and Cayman Island’s natives are active participants in the process. You can find wide range of real estate options to make money from. A person can benefit from buying, selling or renting different properties. Homes. Condos, Hotels, Restaurants, Ocean Facing Properties, Vacation Homes and Commercial Properties are hot favorites among investors.
There are many reasons for Cayman Islands being the preferred real estate investment destination. Some of them have been jotted down below.
· No income tax
· No capital gain tax
· No property tax
· No inheritance tax
· No restrictions on foreign ownership
· A modern land registration system
· Dazzling and pulchritudinous surroundings
· Politically stable, smooth transportation, easy communication and invulnerable
· Highest per capita income in the Caribbean
· Phenomenal upsurge in real estate prices
· Numerous real estate companies arriving in Cayman.
To get the taste of the rich fruits of Real Estate in Cayman Island you must know how to sow the right seeds, means you must know “How to Buy and Sell” real estate in Cayman Islands. For that you should be familiar with legalities so that dealing becomes easier for you. Cayman government has made specific arrangements and has law system to protect the rights of the property owners. The land registry system has been setup according to which a land register containing past and current records of various properties is created. An investor can check the land register to know the status and history of ownership of property before getting involved in any kind of transaction. Once any investor owns a portion of real estate in Cayman Island he gets the absolute rights for that portion. He can rent the property and can sell it if he gets good profit.
Strata Titles Registration Law (STRL) governs the condos or strata units in Cayman. The registration on condos or strata units is done by STRL. It has two provisions in it one for individual units with separate titles and other for common property for common areas like pools, tennis courts, grounds etc. The Strata Corporation holds the right to manage and maintain the common property. It also collects maintenance charges from the owners of common property as well as individual units. The Land Law protects the ownership rights of the owners. The government generates some of its revenue from stamp duty levied on all transactions, which is fixed at 5%.
Real estate marketing in Cayman is done aggressively by the real estate agents. The Cayman Islands Real Estate Board Association (”CIREBA”) is the governing body of these agents. The CIREBA has its own rules governing the member agents. There is no separate legislation governing them. You must consult the real estate agents so that you are able to strike the best deal. Before investing in any kind of property you must recognize what your needs and expectations are. While advertising, using a picture of the property along with other information will prove to be beneficial. If you are planning to sell your property then it is advisable to make it look better so that you get a better price. It is must to check if there are any disputes on a property before buying one. It is also good to do some research on the current real estate trends. For that you may consult couple of good real estate agents.
If you follow all the basic steps then you will be at large in owning a piece of real estate in Cayman Islands.
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Monday, June 5th, 2006
Cayman Islands are one of the hottest tourist destinations. Each day thousands of tourists flock the beautiful Islands of Cayman. With marvelous white sand beaches and great tropical mainland, Cayman Islands have been a center of attraction for years. Cayman Islands magic is as such that nearly 10% of marriages that are held in USA, take place in Cayman. The beauty of Islands has surged the purchase and selling of properties there. Tourists and other investment agencies are becoming buyers for both commercial and domestic establishments. Well, its not just the beauty of Cayman that magnetizes Real Estate Investors, the fact that Cayman Islands government does not apply personal, corporate, capital gain, sales, income, property or inheritance taxes is a huge attraction for them. They can invest in properties and real estate freely without being worried about being taxed. More over even foreigners are free to buy properties as government has not laid any restrictions on them.
If you are looking for a property, to get the best deal you will need to find a good real estate agent or a broker. Cayman Islands have many real estate agents and brokers; some of them deal with all the three islands i.e. Grand Cayman, Cayman Brac and Little Cayman, while some are localized agents dealing in specific areas only. No matter what your choice is, at Cayman123.com you will find the best brokers and the best real estate deals.
You can choose from variety of options to choose your style and pocket. Starting from a cottage on the seaside to a great lavish bungalow, you will find it all. And its not tough to get loan in Cayman, if you have capacity to pay back, banks and money lending agencies gladly offer finances to get you your dream property. The usual terms are 10 – 15 years for mortgage. If you are new to Cayman’s real estate market, and you wish to explore the properties your self then quarterly published CIREBA magazine is must for you. It will give you a fair amount of idea of rates of properties in Cayman. It is always advisable to get in touch with a professional real estate agent as they have years of experience to get you the best deals.
From living point of view as well Cayman Islands have a lot to offer in terms of facilities and above all peace of mind. Cayman has all the facilities starting from well-equipped hospitals to schools. Cayman has full-fledged telecom and internet connectivity as well. Being in nature’s lap Cayman Islands are one of the preferred destinations of tourists, properties in Cayman have a great commercial importance as well. With perfect location and idea, your property can produce gold for you.
At Cayman123.com we have made a search engine based business directory to list all the major real estate brokers and agents. With just 3 clicks you can find the best real estate agent to suit your requirement. Our keywords based search makes sure that you get what you are looking for. Search now and realize your dream of owning a paradise.
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