Cayman Islands Real Estate Brokers Association (CIREBA)

Living in the Cayman Islands in a rented home can be a very worthwhile experience, however, you must take care of the shared responsibilities. Although landlords in the Cayman Islands that provide rental homes often take care of the bigger repairs, the overall maintenance of the property is still the tenants' responsibility. Therefore, you should know how to efficiently deal with all repair and maintenance issues to save money and time. For example, you should learn slight repairs and when to reach for professional help for major ones. Thus, you must understand the entire process to make life much easier. In this blog post, let’s know the steps that you should take regarding common maintenance problems in Cayman residential rentals. Read and Understand Your Lease Agreement Most of the time, leasing agreements showcase the parties' responsibilities about maintenance and repair. However, you should keenly understand your lease before you make a decision to move in. In residential...

Cayman Island is one of the worthwhile locations for property investments. Pristine beaches and an economically booming Cayman Islands market have both domestic and international customers coming into this place to seek properties for their respective needs-whether settling down, investing, or selling. It's necessary to understand the Cayman Islands' real estate market before planning anything. Let’s know what sets Cayman’s real estate market apart and what you should know before investing. What Makes Cayman's Real Estate Market Unique? This Cayman Islands real estate market is different from the others in that it's very hot for buyers and investors for reasons outlined below: Tax-Free Real Estate One of the features that attract attention to the Cayman Islands is its tax exemptions. There is no annual property tax payment, so selling real estate property here will be cheaper. This gives the islands global appeal for any investor. Diverse Property Options The market ran...