Get the most in depth information on Grand Cayman real estate market through Cayman123.com

Being the largest and the main island of the three Cayman Islands, there is no doubt that Grand Cayman real estate properties will be the most sought after amongst the prospective buyers of the Cayman Islands real estate. In fact, the major share of the real estate boom of the Cayman Islands is contributed by Grand Cayman real estate market. Despite of being worst effected by the Hurricane Ivan of 2004, the Grand Cayman real estate industry have again rose like a "phoenix" and still going steady since then. There are new developments in the areas that are already popular among the locals as well as foreign investors of the Grand Cayman real estate market. In addition, new places are also being developed as attractive real estate hubs.

There are many reasons behind this phenomenal growth of the Grand Cayman real estate market and tourism is undoubtedly the most prominent factor for projecting Cayman Islands as a popular destination to set up a home or business. The foreign tourists who come to Cayman Islands form a significant part of the buyers of Grand Cayman Island real estate properties. Cayman Islands are also becoming increasingly popular as a destination to live after retirements. Though these are just some of the motivational factors to own real estates in Grand Cayman, there are some other reasons as well and they are as follows,

• There is no legal restriction on ownership of real estate by foreigners.

• All land in the Cayman Islands is recorded in a registered system maintained by the government.

• Title to all Cayman Islands real estate can be held by individuals, or in the name of a company.

• Cayman has no sales tax, no income tax, no capital gains tax, no property tax and no inheritance tax.

• Local banks will generally lend between approximately 50-75% of the property value to foreigners. --- >>>

As we have already said, in most of these cases people are keeping real estates in Grand Cayman at the top of their priority list. In the Grand Cayman Island real estate market there are quite a few areas that are more popular among the prospective buyers around the world and they are,

• West Bay (Seven Mile Beach)
• George Town
• Prospect and Red Bay
• South Sound
• Savannah/Lower Valley/New Lands/Pedro St. James
• Frank Sound
• Rum Point
• Cayman Kai
• East End

If you are interested in buying and selling real estates in Grand Cayman, you can hire one of the many competent real estate agents in Grand Cayman. We, at Cayman123.com, are providing you with an extensive list of the real estate agents of Grand Cayman. Go through the directory of the Grand Cayman Island real estate agents and brokers at this site and you will find contact information of all the major real estate agents of Grand Cayman. Here, we are presenting just an overview of some of the Grand Cayman real estate agents, who have featured in our directory.

1. Better Properties - Better Properties is a well-established real estate brokerage company. Their considerable experience in the real estate market in Grand Cayman will give you the advantage in your investment decisions.

2. Cambridge Real Estate Corporation - Cambridge Real Estate, operating since 1992, is located in the heart of the Seven Mile Beach Corridor. They offer some of the finest selection of properties, along with quick and easy access to all Multiple Listings.

3. Century 21 - Of The Caribbean - This Grand Cayman real estate service provider is the part of the largest and most progressive real estate organization in the world with 6,600 offices across 30 countries. With vast experience of the real estate industry, this real estate consultant can provide you great help.

4. Coastal Realty Ltd - Coastal Realty Ltd., is a locally owned and operated Full Service Property Management Company, incorporated in 1984. They have specialized in the management of single and multi-unit dwellings for resident and overseas owners and the management of rental units.

5. Crighton Properties Ltd - For over thirty years Crighton Properties has been serving Grand Cayman real estate industry. They offer an extensive range of properties and take care of a diverse range of needs.

6. Era Kirkconnell Realty Ltd - It is a full service real estate company backed by a sales and marketing team boasting more than 40 years of combined experience in the real estate industry, both in the Cayman Islands and abroad.

7. Regal Realty - Regal Realty Ltd first opened its doors in June 2004 with a small but experienced staff and operates with an entirely different philosophy and practice to a majority of the Cayman Islands real estate companies.

As we have vast knowledge of the Grand Cayman real estate service sector and carefully studied the services offered by each and every real estate broker in Grand Cayman, you can be sure of getting the best deals from the Grand Cayman real estate service providers, whom we have listed in our directory. So, go through the directory and take the first step towards being a proud owner of a exotic Grand Cayman real estate.

For your entire Grand Cayman real estate requirements, trust Cayman123.com.