Tag: Charterland
CIG tackling rising rent and house prices
(CNS): The explosion in the cost of rent on Grand Cayman, which many believe is exacerbated by the growth locally in the use of short-term rental platforms like Airbnb, plus the rising property prices, often blamed on foreign investment, is having a huge effect on the cost of living. In response, Housing Minister Dwayne Seymour […]
No end in sight for Cayman’s property boom
(CNS): The steady rise in property prices on Grand Cayman continued its trajectory last year, with a significant jump in the sale price of Seven Mile Beach condos, which had a 35% increase over the average value of similar sales in 2017, according to the current Cayman Property Review by chartered surveyors, Charterland. There was […]
Eastern Districts missing out on surge in property prices
(CNS): The strong performance of the US economy has driven some phenomenal growth in property prices in the Cayman Islands over the past year, but in a bifurcated market the biggest gains have been strictly limited to the Seven Mile Beach peninsula. Property consultants Charterland, in their annual Cayman Islands Property Review, found that both the […]
