ERA Real Estate Blog

Renowned for its natural beauty, welcoming community, and appealing tax-free status, the Cayman Islands has long been one of the most sought-after  destinations to live, work, and relax in the Caribbean. With a thriving economy and a flourishing luxury property market, it's no surprise that expats around the globe have long been drawn to Cayman’s sun-kissed shores,  whether they’re seeking...

For most property investors, entering the real estate market can be especially challenging, with potential pitfalls around every corner. Whether you're buying, renting, or refinancing a mortgage, the last thing you want to worry about is becoming a victim of fraud. Unfortunately, criminals have grown increasingly sophisticated in preying on housing consumers, adding extra stress and risk to an already...

Summer marks an ideal time to invest in the Cayman Islands real estate market. Known for its stunning beaches, vibrant community, and favorable tax environment,  Cayman offers numerous opportunities for those seeking a tropical haven or a lucrative investment. The summer season brings a unique charm, with pleasant weather, clear skies, and a quieter market, making it a perfect period...

Hurricanes, while not an everyday occurrence in the Cayman Islands, happen about four times a year on average. Most of these storms not only enter the islands' sphere of influence but also make landfall, with only a few turning away beforehand. The hurricane season typically lasts from early June to late November, making it essential for residents to be prepared....

The Cayman Islands real estate market has begun 2024 on a high note, demonstrating impressive performance in the first half of the year. According to the Cayman Islands Real Estate Brokers Association (CIREBA), the market opened with over 200 sales totaling more than US$250 million in the first quarter alone. This achievement marked a record high for Q1 volumes and...

Purchasing a home is a significant investment, and when considering properties in the Cayman Islands, working with a knowledgeable realtor or real estate agent is essential. The unique market dynamics, legal considerations, and financial implications in the Cayman Islands require a thorough understanding and strategic approach. By engaging a real estate professional, you can benefit from their expertise to grasp...

The Cayman Islands’ award-winning Seven Mile Beach has long been renowned for its pristine white sands, crystal-clear waters, and world-class amenities, making it one of the most desirable luxury real estate markets in the Caribbean region. With its strategic location, vibrant local culture, upscale services, and thriving tourism sector, Seven Mile Beach offers unparalleled opportunities for those seeking both a...

Commission rates represent the percentage of the final sale price of a property that a real estate agent or broker charges as compensation for their services. Essentially, when you sell or purchase a property through the assistance of a real estate professional, you agree to pay them a commission based on the transaction's value. These rates can vary widely depending...

As a luxury holiday destination, the Cayman Islands offer more than just crystal-clear waters and postcard-perfect beaches. With glowing reviews and top honors from travel experts, it's not just a vacation spot—it's also an enticing opportunity for those looking to own a slice of paradise. Named among the “21 Most Beautiful Islands in the Caribbean” by Condé Nast Traveler, the...

The landscape of property investment in the Cayman Islands has undergone significant shifts in recent years, marked by notable trends in rental pricing and sales activity. According to a 2023 market report, rental rates have surged twofold since 2015, signaling a substantial increase in housing costs. Despite this surge, there has been a noticeable downturn in the volume of property...