4G Mobile Technology Coming to the Cayman Islands

LIME has recently announced its plan to bring 4G or 4th Generation technology to its customers throughout the Caribbean, commencing in Grand Cayman later this summer.

This network upgrade will enable LIME’s customers to access blazing fast Internet and numerous sophisticated data services on their wireless devices.

Mobile 4G will deliver a superior online experience, delivering faster download speeds while surfing and sharing large files such as a film or video clip downloads, or to play online games through the Internet.

What does this mean for LIME customers? With LIME’s 4G network, when in a 4G coverage area and with a suitable device, LIME’s customers will:

• See faster internet speeds in more locations
• Video chat with no dependency on WiFi
• Watch video at blazing fast speeds
• Send photos to social networks, friends, and family faster than ever
• Browse the web with greater speed, even when on a call
• Send email with huge attachments
• Download photos, apps, music, movies and more faster than before

As technological advances become more available to the Cayman Islands, owning your piece of paradise is becoming even more appealing.


Contact your Cayman Islands Real Estate expert now for more information.

New Listing! Little Cayman Oceanfront Land

This .68 acre parcel is located on Little Cayman with 100 gorgeous feet of ocean frontage.  This is the perfect spot for your vacation dream home with all the beauty of Little Cayman's peace and quiet! It lies just west of Casa Cassiopea Guest Cottage, block 88A parcel 58.  This piece of paradise is listed for US $350,000.


Contact your Little Cayman real estate specialists for all the details.

Paradise For Less on The Sister Islands

Real estate prices are lower on the Sister Islands than Grand Cayman. 

Investors and developers will find a surprising amount of prime ocean-front property available on both Little Cayman and Cayman Brac, ideally suited for retirement property or for those looking for a more relaxed lifestyle.

Contact your local Sister Islands Real Estate expert today and fulfill your dreams of real estate ownership today.

Buy Your Piece of Paradise in Little Cayman!

This 3 bedroom/2 bathroom home comes fully furnished with a delightful open floor plan in the living/dining/kitchen area. Total under roof sq. footage is 3000 (including attached 2 car garage and patio), total climate controlled living area is 1645 sq. ft. This home is located in the Rock Flats area and has a stunning view of South Hole Sound. Total acreage is 0.49 with 87 feet of ocean front footage. All yours for the asking price of US $625,000. 


If you would like this piece of paradise, contact Betty Bua, your local Little Cayman expert real estate agent who can give you all the details.

New Listing in Little Cayman!

This beautiful unit is located in the most prestigious condo complex,"The Club" in Blossom Village, South Hole Sound, Little Cayman. Little Cayman is often referred to as the "Jewel of the Islands". Unit #8 is an ocean front unit on the second floor with a spectacular view of South Hole Sound, Owen Island, and the beautiful gardens and pool located on the property.

The Club has only eight luxurious units total.

This unit has an airy entry to a beautifully fitted kitchen/breakfast bar, formal dining room and living room which opens onto a private balcony overlooking the spectacular panoramic view of the Caribbean sea. This area also can boast of a built in wine rack and bar directly opposite the kitchen which makes it easy for wonderful entertaining.

The floor plan in this home is a fantastic layout with a family and friendly oriented living area, yet has privacy for the master bedroom/bath. A second bedroom has an en-suite bath as well and the 3rd bedroom has access to a bathroom.

Fully furnished with top quality furnishings making this an opportunity to purchase a turn-key residence a once in a life time deal!

For more information and photos regarding this beautifully appointed home please email me at bettyboo@candw.ky.
 

$ 875,000 US

Bedrooms: 3

Bathrooms: 3

Square Feet: 1900

Built In: 2002

2010 Cayman Census Report

The preliminary 2010 census results have been reported and the population of The Cayman Islands was 54,397. The breakdown by district is as follows:

 

George Town - 51%

West Bay - 21%

Bodden Town - 19%

North Side - 2.7%

East End - 2.5%

Cayman Brac and Little Cayman - 4.2%

Results of the 1999 census reported 39,020 residents living in Cayman, a 39% increase in the population in 11 years. “If the population were to continue to grow at this rate, it would double its size by the year 2033,” stated the census report. The full census is due to be released in October. 

With this amount of growth rate continuing in the Cayman Islands, real estate proves to be a worthy investment. Contact your Cayman Islands real estate agent today and invest your money in paradise.

Homeowner's Insurance in Cayman

When shopping for homeowners insurance, the average cost is 1.8% of the value of the property, unless you live on the water where rates can go upwards of 2%. It pays to shop around when buying homeowners insurance as rates will vary amongst companies and rates may not necessarily be the best with your mortgage banker. Ensure you have enough coverage for replacement if your home is completely destroyed. If your home is destroyed and you chose not to replace it, know the actual cash value. Your insurance company will give you replacement cost less depreciation. If you are purchasing a condominium, insurance rates are usually based on a per square-footage basis and is often included in your monthly strata fees. 


Contents insurance is highly recommended here in Cayman due to the risk of flooding and hurricane damage. Unless you live in a condo where strata insurance usually covers major kitchen appliances, these items should be included in your contents insurance coverage as they will not be covered in building insurance alone.


Be aware of exclusions to your coverage. Flood, earthquake or wind damage are usually not covered as standard items, these types of coverage must be purchased separately. Ask about any dollar limitation on claims as some insurers may limit how much they will pay.


Liability insurance is generally included with your policy, but it pays to know any upper limits on this amount of coverage. Ensure it is sufficient if you have significant assets.

Your Cayman Islands Real Estate agent is knowledgeable and will answer any of your questions regarding homeowner's insurance.