Housing Options in Grand Cayman

Nov 21
20:05

2010

Cathy Williams

Cathy Williams

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Since the 1970s, the Cayman Islands have been growing both commercially and residentially. This growth has turned them into an economic and holidaymaker powerhouse on the world scene. This makes checking potential investments in the islands a wise consideration.

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Since the  1970s,Housing Options in Grand Cayman Articles the Cayman Islands have been growing both commercially and residentially.  This growth has turned them into an economic and holidaymaker powerhouse on the world scene.  This makes checking potential investments in the islands a wise consideration.

One of the spectacular recent plans by Remax is the construction of 5 new hotels in the next 2 years.  As challenging as it sounds, the capacity for its tourism industry is reaching its limits, and the expansion is seriously needed and will be a welcome addition, as it will bring more money into the islands.  Major players in the hotel game are reportedly competing for the action.  Names such as: Park Hyatt, Hilton, and Waldorf-Astoria.

Chairman of the National Investment Council , William Peguero, had this to say,  "We have received several syndicates with funds willing to do the development, provided we are able to find the management, so it s a win-win situation". He went on to say this,  "Once you can find a syndicate that can do the project, they tailor the project to the wishes and needs of the management.  Then, obviously, it s a no-brainer because you get a 20 to 30-year contract that is very beneficial for the owner of the property so everybody benefits."

Another exciting development in the near future for Remax is the development of a new hospital on the Cayman Islands.  The Premier of the Cayman Islands, McKeeva Bush, recently announced the plans for a US$2 billion hospital.  This hospital is purported to hold 2,000 beds upon completion. 

The hospital will be a tremendous addition to the Cayman Islands already strong economic standing and infrastructure.  Besides giving Caymanians an excellent health care facility, it is estimated to payout US$300 million in local labor for the culmination of the project over a duration of fifteen years.

The first phase of the project is planned as a two-hundred-bed wing and will cost around $200 million.  This phase is expected to take only two years and will be a welcome addition on the islands.

The hospital has far reaching employment opportunities.  By 2024, the hospital is expected to employ roughly 2,000 people, a great boost for Caymanian economy. 

Aside from these big projects, Remax is also involved in your residential construction needs.  Built to the same standards as Miami-Dade county Florida, you can be sure that your homes will be built to the latest and strictest standards when it comes to hurricane preparedness. 

One of the most exciting things happening for Remax right now is the WaterColours.  This 39-unit high-end development that offers the best in privacy and luxury began construction in late November of last year.  Just recently, a significant milestone of construction occurred when the structural pile testing process began.

WaterColours is being developed on Seven Mile Beach, an area ripe with tourism.  This makes it a prime spot for a luxury development such as itself.  People will be able to walk to the beach from their own bedroom, adding to the desirability for such a structure.

When finished, WaterColours will offer only the best in services.  Just as you would find at any 5-star hotel, WaterColours will provide things like; guest suites for owners of units, a individual massage room for those days to pamper yourself, a valet service for efficiency, a physical fitness center that is right on the beach and is equipped with the latest in fitness technology and a conservatory complete with a wine locker off of the owners unit.  On top of all that, 24-hour security will be provided to all residents.

Remax has one of the greatest offerings of residential housing on the islands, and offers the best the service in getting them.  Vacation properties from Remax have always satisfied customers and continue to produce outstanding praise.  The beauty of the Cayman Islands draws people there, and the service and quality from Remax keeps them there. 

Long Term holdings are another one of Remax s finer points.  Many people decide that they love the Cayman Islands so much that they would like to stay for a while, possibly even make a base.  Some of these long term properties will make you fall in love as soon as you see them.  Imagine walking down to the beach as the cool ocean breeze breaks across the new sun rising over the horizon.  Reamx can get you into the property you want and set up the business you need with speed and efficiency.

The Cayman Islands are a financial center of the world, ranked as number 12 most high GDP in the world.  A place for banking champions and the fashionable, a place in the Cayman Islands is certainly a place to be when you are looking to be in the excitement of the fast paced life, and Remax can get you into the exact kind of place you are looking for to get the maximum enjoyment out of your experience there.

  A place to retreat from a long days work or a holiday spot for the family, Remax can get you into those quality placements that you seek.

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