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Cayman Compass: Property sales hit new record amid real estate boom

The Cayman Islands is a much sought-after British Overseas Territory located in the Caribbean – the ideal place for vacationing and, with a rising real estate market, an appealing place to own luxury real estate. With exclusive residential enclaves, oceanfront condominiums and luxury villas dotted throughout Grand Cayman, there is property available to delight any potential buyer.

Rising popularity

The Cayman Islands is an increasingly popular destination, particularly with North American travelers who can easily access the islands via year-round direct flights from major gateway cities like Toronto, Chicago, New York, Boston and Dallas. The trendy destination features great weather, exceptional views, and sensational resorts. In fact, the opening of new resorts such as the Kimpton Seafire Resort + Spa has led to an increased interest in the islands. With the destination rising in popularity, owning real estate on Grand Cayman can be a compelling proposition.

Read more on Cayman Compass.