Cayman Islands Stamp Duty: Explained

We get asked a lot about the Stamp Duty Law, and for good reason. With changes to the Stamp Duty Laws coming into effect on January 1, 2020, we wanted to break things down and answer some FAQs we get on the topic. In short, stamp duty is a one-time tax paid to the CI Government on all real estate transfers in the Cayman Islands. It's a flat rate of 7.5% of the purchase price of the property, less the value of any chattels (furniture and appliances). This may seem steep, however it's worth noting that this is the only tax you...

2019 Third Quarter Review

2019 Third Quarter Review

The 3rd Qtr Statistical Review of 2019 Numbers, numbers everywhere! But what do they actually mean? Panic not, here’s our 2019 - 3rd Quarter statistical review. Phew! A very brief recap of activity, trends and performance that’s moving the Cayman property market. 1018 CURRENT (properties currently available for purchase in the Cayman Islands): 389 condos (US$152,000 → $13.5M) 184 homes (US$96,000 → $39.9M) 432 land (US$27,000 → $20.1M) 13 commercial (US$463,000 → $31.5M) 149 more options now compared to Q2 provides more choice. Note that 90% of this increase is pre-construction condos and the demand is being consumed. High season...

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2019 Second Quarter Review

2019 Second Quarter Review

The 2nd Qtr Statistical Review of 2019 A recap of Cayman's real estate activity, trends and performance that moves the market to new levels. Last year we made some big decisions, this year we actioned...

Case Study: How Quick & Easy Upgrades Sold This Home For Top Dollar

Case Study: How Quick & Easy Upgrades Sold This Home For Top Dollar

Selling a home isn't always easy, however with the right advice and strategy, we believe that every property is sellable. Case and point: Newhaven Quay. Five months ago, we were approached by a couple who’d...

We've Got News!

We've Got News!

Dear Cayman, Life does not get better by chance, it gets better by change and we’re welcoming some very exciting changes to better serve you. Property Cayman would like to formally announce that we are...

2019 First Quarter Review

2019 First Quarter Review

The 1st Quarter Statistical Review of 2019 A recap of Cayman's real estate activity, trends and performance that moves the market to new levels. With an average of 2.09 sales per day in 2018, these sellers...

The Ultimate Guide To Buying Cayman Islands Real Estate

The Ultimate Guide To Buying Cayman Islands Real Estate

Buying Cayman Real Estate You might think buying Cayman Islands real estate is tricky, we're here to tell you it can be straightforward with the right help! We've created the ultimate guide to buying Cayman...

Everything You Need To Know About Cayman Property Trends

Everything You Need To Know About Cayman Property Trends

Statistical Review of 2018: It's safe to say that knowledge really is power when it comes to real estate. With Cayman's booming market this couldn't be more true when thinking about how and where to...