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The last half of 2019 was strong and provided a continued positive outlook in Cayman. The development activity on Grand Cayman was as active as it has ever been. Rising prices continued, but sales slowed somewhat as a result of that, plus the increasing supply of Residential Real Estate inventory. The latter half of 2019 showed a decline in # of sales by 4.5%. and dollar volume by 14%. In fact, decreases occurred in all Residential sectors except single family homes, but we must remember that this was only relative to 2018 which was a boom year. In other words, everybody was busy which was good for business overall in Cayman. And some of the more outlying areas of Grand Cayman showed increasing activity as did the Sister Islands. The first month or two of 2020 was a continuation of 2019 ie. strong tourism figures with local businesses doing well. Presales of Luxury Condos on 7 Mile continued apace with WaterMark up to 70%, and Hyatt at 40% SOLD.

 

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IMPORTANT

NOTICE

Due to the threat of the spreading Coronavirus and following the recommendations of local Health Practitioners we decided to close our office to the public as of end of business March 24 until May 4th. We are looking at a period of very limited movement to ensure we have identified all cases of the virus in Cayman.

If you have in the past dealt with one of our agents you can reach them by e-mail or on their cell phone. If you do not have access to either of those or just want to make contact with an agent, please use the "Contact Us" box below and an Agent will respond.

This is a dangerous epidemic, but the country is taking strong protective measures. We are optimistic and we will know where we are vs COVID-19 in Cayman by May.

Be patient, be smart, be kind, stay safe, maintain social distancing,

...and do your best to protect yourselves and those around you.

We will see you soon!

(And we will provide updates on the Market as soon as we can).


It is 9 am on a Saturday morning at Hurley’s supermarket in Grand Cayman and there is no hint of “business as usual”. Members of the Royal Cayman Islands Police Service are manning the supermarket entrance, while security guards spray shoppers’ hands with antibacterial fluid. Winding dividers direct hundreds of compliant shoppers who file through electric doors, every several minutes and at least six feet apart.

Caymanians are restocking on supplies after having just emerged from a “hard curfew”. No one other than “essential workers” have been allowed outside of the boundaries of their homes— not even to take a run or walk a dog— and supermarkets, pharmacies and a handful of essential businesses are the only signs of commercial activity.

But Cayman’s Premier, the Honourable Alden McLaughlin, has a reason to be proud. With just 8 cases of COVID-19 and one death, there have been no confirmed instances of community transmission in the Cayman Islands— all positive cases have been connected to travellers.

Click here to read the full article on Forbes.com


The following article was originally published on www.christophercolumbuscondos.com, please click here to read the full article.

During my time spent in the Cayman Islands, the experiences that stand out the most were the ones that showed me the true lifestyle of the Caymanians. . . and what better way to experience the local community than to attend a Sunday service at a neighborhood parish? From the exterior, Christ the Redeemer Catholic Church seemed to resemble any modernly designed church one would find in middle America; however, once I walked in, I was met with an explosion of color from all around. The beautiful and bright Caribbean sun worked its magic through the stained glass windows, streaming in through both sides of the room. The people standing up front in the choir had bright smiles on their faces, ready to sing their hearts out. Even the congregation all seemed to be dressed in vibrant, island colors—a mix of locals and tourists alike waiting for Mass to begin. Growing up Catholic, I knew what to expect from a typical Sunday church service—the familiar songs, the readings from the Bible, the homily from the priest, and of course, communion. However, this service was already off to a unique and intriguing start.

I remember Father Edwin, the priest residing over the Mass that morning, seemed to have a quiet yet joyful peace about him as he read from the gospel of Mark: “You must love the Lord your God with all your heart, all your soul, with all your mind, and with all your strength. . . and you must love your neighbor as yourself. There is no commandment greater than these.” I smiled to myself when I heard those words, since everything about my experience in the Cayman Islands so far had reflected that sentiment. I thought of my first encounter with the lovely Patricia at Christopher Columbus Condos, welcoming us all to the island with her warm hugs and infectious smile. I thought of Scottie, our scuba instructor, who kept us smiling with his knowledge and wonder at the sea creatures below. Before I could drift off too far into my memories, we were all standing up together to say the Our Father and exchange the sign of peace. Once again, the room filled with this palpable spirit of joy as everyone turned around and shook hands with each other, beaming smiles on their faces. I thought to myself how easy it was to already feel like a neighbor in Cayman when everyone is treating you like their own!

Read the full article on ChristopherColumbusCondos.com


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