The Cayman Islands condominium real estate market is one of the most active in Cayman real estate and is responsible for a substantial number and volume of Cayman property transactions each year.
Cayman Islands condominiums are sold under the Strata Titles Registration Law (2013 Revision), which sets out the framework for condo ownership and management within the Cayman Islands. Unit owners are required to pay a strata fee annually, usually based on the square footage of their condo. Grand Cayman condominiums with well-managed stratas are of course desirable, and whilst most Cayman Islands condos for sale fall under this category, IRG can help identify those which are performing well and those which could do with improvement.
Seven Mile Beach condos for sale are extremely valuable and keep the Cayman Islands real estate market on its toes. Talk to us if you are interested in a Grand Cayman condominium as these make excellent holiday homes and can see huge rental income throughout the year. As part of CIREBA we are able to find you all Grand Cayman condos for sale that suit your budgetary requirements. Talk to us today by emailing info@irg.ky