Read below to find out why investors are flocking to the islands.
The beautiful island of Grand Cayman offers much more than an ideal destination for tourists. It’s also an ideal place for you to purchase property. With a stable economy, a lavish lifestyle, tax-free income and a strong rental market, watch your rental property thrive along with your finances as you spread your investing wings and pursue bigger and better opportunities on the island.
Exponential Growth
When the financial recession of 2008 hit, it’s important to know that Grand Cayman was not spared from this. However, it was determined to strengthen its grip on the economy and plant a firm foot in becoming what it once was. The year 2014 was a glorious year for Grand Cayman as strong performances led to an increase in sales. With a thriving and pleasantly stable economy, investors have once again reached out to Grand Cayman property management services to take advantage of all of the budding real estate opportunities.
Now is the Time for You to Invest
A boost in the “boating island” lifestyle has led to an increased search in properties located on islands – and that includes Grand Cayman. Land continues to remain a solid investment as demand is continuing an upward trend. Both inland and beachfront plots continue to be affordable, drawing in more and more investors. Grand Cayman industrial leasing services have also shown much promise as well.
The Bottom Line
It remains to be seen whether or not new land developments on Grand Cayman will thrive and explode out on to the market. But, with continued developments and an unwavering economy, you could be a part of a budding real estate community that has shown to be positive.
REM Services is a professional property management agency located in the Cayman Islands. If you’re looking for Caribbean property management without the hassle and confusion, contact them for more information.