Importance of Location When Buying Land in Cayman
Choosing the land in Cayman? Learn how location impacts value, convenience, and investment opportunities for your future home or business.
Crighton Properties | January 10, 2022
Have you ever thought about the various misconceptions that are associated with certain places in the world? Some places even have downright crude assumptions made about them that are so negative, that people refuse to go to them based on these assumptions.
The Cayman Islands, while an undeniably stunning place, do have some assumptions about them which are not true and need to be disputed once and for all. For those in particular who are looking for Cayman Islands real estate for sale, you need to have these myths eradicated so you can buy with confidence and fact-checked knowledge.
Let’s take a look at some common myths about the Cayman Islands alongside their coinciding facts.
Many people tend to assume that moving to the Cayman Islands as a foreigner is an extremely grueling ordeal. However, this could not be more false. When you are looking for Cayman Islands real estate for sale with the right real estate company, like us here at Crighton Properties, the process is actually extremely easy to follow.
This is due to the fact that the government of the Islands actually imposes no restrictions on foreign ownership of property there. They welcome foreign investment and guarantee a title to all buyers upon purchase. Check out our in-depth dive into how to buy property in the Cayman Islands, how easy it is, and how to do it right.
The ports in the Cayman Islands are currently closed until 2022, but before the pandemic hit, many cruise ships would stop off the coast of George Town, Grand Cayman daily.
Simply put, the Cayman Islands is indeed a popular stop for cruise ships. However, that doesn’t mean it is only a place for tourists on cruise ships to visit. The population of the Islands is approximately 64,958 as of 2020, but only 37,887 are local Caymanians. Therefore, roughly half of the population of the territory is foreigners.
That figure alone speaks volumes of the quality of life in the Cayman Islands and the fact that it has plenty to offer residents as well as tourists. There are plenty of reasons to live in the Cayman Islands, including low crime rates, stunning weather, ease of real estate purchases, and so much more!
The Cayman Islands do have plenty of fun water sports and activities residents can indulge in (snorkeling, scuba diving, boating, paddleboarding, kitesurfing, etc.). They also have award-winning beaches to lounge on, like Seven Mile Beach, which has been named the 12th best beach in the world by MSN and the fourth-best in the Caribbean by TripAdvisor.
While those are incredibly enticing facts on their own, there are also an abundance of other exciting things to do and see there!
For “natural” activities, you can explore the Cayman Crystal Caves. You could visit “Hell,” which is a large collection of black jagged limestone and salt deposits. They look similar to those stalagmites people tend to associate with hell, but these deposits are 100% real and are 24 million years old. How about that for an exciting excursion?
The Elizabeth II Botanic Park is another beautiful place to explore in the Caymans, as it contains a wide variety of flora and fauna from the Islands, including the rare and Caymans’ own Grand Cayman Blue Iguana.
There are other stunning and enamoring places to visit in the Cayman Islands, like the Mastic Trail for hiking and the Bio-Luminescent Bay for a unique and otherworldly natural phenomenon. There really is a lot one can enjoy when living in the Cayman Islands, so boredom will be nearly impossible!
Many people tend to assume that the Cayman Islands are so heavily visited by foreigners that the culture is unoriginal or uninteresting. However, that is certainly not the case. There is so much culture in the Cayman Islands! There are currently 113 nationalities of the Cayman Islands’ residents, making it an extremely diverse and beautiful culture.
On top of that, the Cayman Islands are known as the culinary capital of the Caribbean. With numerous restaurants ranging from five-star dining to more casual restaurants on the beach, a wide variety of venues are available. Enjoy traditional local dishes or other cuisines heavily influenced by various cultures and countries, like Jamaica, Britain, Italy, and the US. In short, culture is not missing from this gorgeous Caribbean destination!
These are four common myths about the Cayman Islands that those who are looking for Cayman Islands real estate for sale need to know are simply not true! If you have any questions about the next steps for moving to the beautiful Cayman Islands, be sure to give us a call at 345-949-5250 so we can get started on finding your Caribbean dream home!
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