When you envision your dream life, what do you surround yourself with? Do you see palm trees, a glistening and clear-watered sea, and pristine white-s
When you envision your dream life, what do you surround yourself with? Do you see palm trees, a glistening and clear-watered sea, and pristine white-sand beaches with the warm Sun above it all and yourself?
Maybe you envision yourself walking along that perfect beach, even feel the soft grains rising between the spaces of your toes as you step down, then gently falling away as you lift your foot again. All of your worries slowly float away on the shimmering sea to your side. Good news: this vivid and alluring dream could very much become a reality.
If you are looking for a relaxing life in a similar environment to the one described above, then you should definitely consider purchasing property and living in the Cayman Islands. More specifically, you should look into Cayman Islands condos because of their gorgeous and convenient amenities– among other astounding features!
Let’s tackle some commonly pressing questions and concerns about purchasing Cayman Islands condos before you make this dream come true.
Who Should Buy a Condo in the Cayman Islands?
Nearly anyone who can purchase a condo should do so in the Cayman Islands! Purchasing a condo (or even condos) here will provide you with an abundance of options. Condos here are perfect for those who want to live in the Caribbean or are looking for a great investment opportunity.
This is an excellent opportunity for investing because real estate in the Cayman Islands is ever increasing, making your purchase there now worth it down the line. Plus, the archipelago has a thriving economy along with its real estate market. Therefore, your purchase of a condo here would be almost guaranteed to provide you with future benefits.
Therefore, purchasing a condo in the Cayman Islands is advisable for anyone looking for a real estate investment, a summer home in the Caribbean, or a new primary home!
Can Foreigners Buy Condos There?
Yes, they most certainly can! In fact, the Government of the Cayman Islands welcomes overseas buyers. The real estate agencies have experience in assisting foreigners to buy properties of varying kinds here, so you wouldn’t need to worry much about your purchasing process.
However, you should note that the interest rate tends to be a bit higher in the Cayman Islands than in the USA or Canada. There are, however, plenty of mortgage options available to foreigners, which tend to be between 15 to 20 years.
What Are the Best Places to Buy a Condo in the Cayman Islands?
As you might imagine, the answer to this depends on the individual buyer. There are three islands within the Cayman Islands: Grand Cayman, Cayman Brac, and Little Cayman. The three bring various yet admirable attributes to the table.
Grand Cayman is, however, the most popular island for people to live and even visit. On this island, in particular, the most popular places to live are Seven Mile Beach, the Seven Mile Beach Corridor (specifically a community called Crystal Harbour), and Rum Point.
The latter option is for those who are looking for more tranquility, yet for something not too far from the excitement. Meanwhile, Seven Mile Beach offers buyers one of the most stunning beaches in the world, and the Seven Mile Beach Corridor has gorgeous canal views.
Who Can I Purchase Condos With?
Now that you have decided to investigate Cayman Islands condos, you should put your faith and trust in Crighton Properties. They have decades of experience in the real estate market in the Cayman Islands and would bring you the top-most services. Be sure to give them a call at 345-949-5250 with all of your other questions!