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The last half of 2019 was strong and provided a continued positive outlook in Cayman. The development activity on Grand Cayman was as active as it has ever been. Rising prices continued, but sales slowed somewhat as a result of that, plus the increasing supply of Residential Real Estate inventory. The latter half of 2019 showed a decline in # of sales by 4.5%. and dollar volume by 14%. In fact, decreases occurred in all Residential sectors except single family homes, but we must remember that this was only relative to 2018 which was a boom year. In other words, everybody was busy which was good for business overall in Cayman. And some of the more outlying areas of Grand Cayman showed increasing activity as did the Sister Islands. The first month or two of 2020 was a continuation of 2019 ie. strong tourism figures with local businesses doing well. Presales of Luxury Condos on 7 Mile continued apace with WaterMark up to 70%, and Hyatt at 40% SOLD.

 

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It is 9 am on a Saturday morning at Hurley’s supermarket in Grand Cayman and there is no hint of “business as usual”. Members of the Royal Cayman Islands Police Service are manning the supermarket entrance, while security guards spray shoppers’ hands with antibacterial fluid. Winding dividers direct hundreds of compliant shoppers who file through electric doors, every several minutes and at least six feet apart.

Caymanians are restocking on supplies after having just emerged from a “hard curfew”. No one other than “essential workers” have been allowed outside of the boundaries of their homes— not even to take a run or walk a dog— and supermarkets, pharmacies and a handful of essential businesses are the only signs of commercial activity.

But Cayman’s Premier, the Honourable Alden McLaughlin, has a reason to be proud. With just 8 cases of COVID-19 and one death, there have been no confirmed instances of community transmission in the Cayman Islands— all positive cases have been connected to travellers.

Click here to read the full article on Forbes.com


The following article was originally published on www.christophercolumbuscondos.com, please click here to read the full article.

During my time spent in the Cayman Islands, the experiences that stand out the most were the ones that showed me the true lifestyle of the Caymanians. . . and what better way to experience the local community than to attend a Sunday service at a neighborhood parish? From the exterior, Christ the Redeemer Catholic Church seemed to resemble any modernly designed church one would find in middle America; however, once I walked in, I was met with an explosion of color from all around. The beautiful and bright Caribbean sun worked its magic through the stained glass windows, streaming in through both sides of the room. The people standing up front in the choir had bright smiles on their faces, ready to sing their hearts out. Even the congregation all seemed to be dressed in vibrant, island colors—a mix of locals and tourists alike waiting for Mass to begin. Growing up Catholic, I knew what to expect from a typical Sunday church service—the familiar songs, the readings from the Bible, the homily from the priest, and of course, communion. However, this service was already off to a unique and intriguing start.

I remember Father Edwin, the priest residing over the Mass that morning, seemed to have a quiet yet joyful peace about him as he read from the gospel of Mark: “You must love the Lord your God with all your heart, all your soul, with all your mind, and with all your strength. . . and you must love your neighbor as yourself. There is no commandment greater than these.” I smiled to myself when I heard those words, since everything about my experience in the Cayman Islands so far had reflected that sentiment. I thought of my first encounter with the lovely Patricia at Christopher Columbus Condos, welcoming us all to the island with her warm hugs and infectious smile. I thought of Scottie, our scuba instructor, who kept us smiling with his knowledge and wonder at the sea creatures below. Before I could drift off too far into my memories, we were all standing up together to say the Our Father and exchange the sign of peace. Once again, the room filled with this palpable spirit of joy as everyone turned around and shook hands with each other, beaming smiles on their faces. I thought to myself how easy it was to already feel like a neighbor in Cayman when everyone is treating you like their own!

Read the full article on ChristopherColumbusCondos.com


IMPORTANT

NOTICE

Due to the threat of the spreading Coronavirus and following the recommendations of local Health Practitioners we decided to close our office to the public as of end of business March 24 until May 4th. We are looking at a period of very limited movement to ensure we have identified all cases of the virus in Cayman.

If you have in the past dealt with one of our agents you can reach them by e-mail or on their cell phone. If you do not have access to either of those or just want to make contact with an agent, please use the "Contact Us" box below and an Agent will respond.

This is a dangerous epidemic, but the country is taking strong protective measures. We are optimistic and we will know where we are vs COVID-19 in Cayman by May.

Be patient, be smart, be kind, stay safe, maintain social distancing,

...and do your best to protect yourselves and those around you.

We will see you soon!

(And we will provide updates on the Market as soon as we can).


 
Hurricane season starts June 1st and lasts through to the end of November. In 2009 the National Hurricane Center has predicted an "average" storm season, 12 named storms, 6 hurricanes, two of which may be a category 3 or higher. 

Have a survival kit and disaster plan ready, here are some suggestions and tips: 

Bottled Water - one gallon per person for 72 hours 
Flashlights with extra Batteries - candles can pose a serious fire hazard should there be propane or gas leaks in the area 
Supply of Nonperishable Food Items - protein bars, canned goods (don't forget a can opener!), dried or prepackaged energy food 
Medicine - 30 day supply stored in plastic waterproof containers, clearly marked and kept in a zip-lock bag 
Eyeglasses 
Proper Footwear and Protective Clothing for post-hurricane 
Portable Radio and extra Batteries 
Important Documents - drivers license, passport, notes of allergies, important contact numbers, insurance documents, extra cash, ATM and bank/credit cards 
Generator - ensure filled with propane/gas and in good working order 
Insurance Coverage for yourself and family, home, boat and vehicles - ensure it's current and up to date plus note contact information should you need to make a claim or contact your provider in case of injury 
Know how to shut off electricity, gas and water if so advised by authorities 
Action or Evacuation Plan - hotel, friend's home or shelter, evacuation plan if residing on an island or coastal areas that are remote or vulnerable to storm surge 
Let Friends and Family Know how to contact you and where you plan to be, forward land lines to cell phones 
Text Message rather than voice mail, uses less battery time and communication is faster 
Cell Phone and charger, car charger, extra batteries 
Care and Plan for your Pets Safety- food, water, medicine, bowls, plastic bags, collar with your name and contact info, extra leash, pet crate for transporting, name and number of vet and copies of vaccinations, photo, favorite toy or blanket 
Secure Hurricane Shutters or board your home securely, move all outside items to basement or inside storage, flying debris and items can cause tremendous damage to your home, vehicles and neighbourhood 
Car, keep gas tank full - especially important if you live in a remote place or on an island where supplies may be limited or cut-off after a storm 
Know Where to get Information on Storm Conditions - local radio station, tv station, website or through the internet on your cell phone 
Secure Your Boat - consider turning off the EPIRB (Emergency Position Indicating Radio Beacon) if your boat is docked, secured and unoccupied. When boats with this system start to sink or capsize a signal via a satellite is sent to the nearest emergency satellite call center. These centers need to maintain clear and unjammed communication lines for satellite phones and emergency personnel during a hurricane 

The National Hurricane Center released the following names for 2009 hurricanes... 

Ana 
Bill 
Claudette 
Danny 
Erika 
Fred 
Grace 
Henri 
Ida 
Joaquin 
Kate 
Larry 
Mindy 
Nicholas 
Odette 
Peter 
Rose 
Sam 
Teresa 
Victor 
Wanda 

What is a storm surge? For those residents living on the coast or in the islands a storm surge is something we are always concerned about. Storm surge is water that's pushed toward the shore by winds swirling around the storm. Recent hurricanes have produced storm surges in the neighbourhood of 15 feet, combined with winds in excess of 75 miles per hour this can be very dangerous. Water weighs approximately 1700 pounds per cubic yard - extended pounding by frequent waves can demolish structures not specifically designed to withstand these forces. 

Please be prepared and have a plan, review it on a yearly basis. If you are an absentee homeowner arrange for someone to secure the premises in your absence, neighbour, friend, property management company. 

For more information on how to prepare for a hurricane please visit the National Hurricane Centers website: www.nhc.noaa.gov 

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